Anthem Closes Acquisition Of Simply Healthcare Holdings - Quick Facts

(RTTNews) - Anthem, Inc. (ANTM) said it has completed its acquisition of Simply Healthcare Holdings, Inc., a managed care company for people enrolled in Medicaid and Medicare programs in the state of Florida.

"The addition of Simply Healthcare to our family of companies grows our presence and enhances our capabilities and offerings to members in Florida, not only in Medicaid but also by giving us a strong foothold in the Medicare Advantage market," said Joseph Swedish, president and CEO of Anthem, Inc.

Simply Healthcare would operate as a wholly-owned unit of Anthem and would remain dedicated to effectively providing access to products and affordable care that meets the needs of the Medicaid and Medicare populations in Florida. Simply Healthcare's management team will join Anthem's government business division team and continue to lead Simply's operations in Florida.