CareFirst BlueCross BlueShield Acquires Trusted Health Plan

CareFirst BlueCross BlueShield Acquires University of Maryland Health Partners and University of Maryland Health Advantage

November 27, 2020

Healthcare Services

CareFirst BlueCross BlueShield has agreed to acquire University of Maryland Health Partners (UMHP) and University of Maryland Health Advantage (UMHA) from the University of Maryland Medical System (UMMS). The transaction brings UMMS’s Medicaid and Medicare Advantage plans into CareFirst’s not-for-profit structure to expand its presence in government-sponsored programs and ensure continued coverage for enrollees across Maryland.

MDI NetworX Acquires Cobalt MedPlans from Cobalt Health Solutions

November 24, 2025

Healthcare Services

MDI NetworX has acquired Cobalt MedPlans (Clarity Performance Solutions) from Cobalt Health Solutions, a wholly owned subsidiary of Blue Cross and Blue Shield of Kansas City. The deal brings approximately 250 U.S.-based employees and two Kansas locations into MDI, expanding its U.S. delivery footprint and enabling deployment of MDI's InsightPro AI-enabled platform to enhance payer services.

Health Care Service Corporation Acquires Trustmark Health Benefits

August 11, 2022

Insurance

Health Care Service Corporation (HCSC) has signed a definitive agreement to acquire Trustmark Health Benefits, the third-party administrator subsidiary of Trustco Holdings/Trustmark, to expand HCSC’s capabilities serving self-funded employers. The deal — subject to customary closing conditions and regulatory approvals — will integrate Health Benefits’ customizable plan design, claims administration and data-driven services into HCSC’s offerings while Trustmark refocuses on other growth markets.

HomeCentris Healthcare Acquires Family First Home Healthcare

April 3, 2025

Healthcare Services

Owings Mills-based HomeCentris Healthcare has acquired Philadelphia-based Family First Home Healthcare, closing the deal on April 3. The acquisition expands HomeCentris' footprint into Pennsylvania and strengthens its ability to serve Medicaid and managed-care partners while integrating Family First's staff and operations into HomeCentris' technology and operational platform.

24 Hour Home Care Acquires Trusted Life Care

May 9, 2022

Healthcare Services

24 Hour Home Care acquired Trusted Life Care effective May 9, 2022. The strategic acquisition expands 24 Hour Home Care's footprint into Long Beach and the South Bay (increasing its client census by over 16%), and transitions Trusted Life Care caregivers and clients into 24 Hour Home Care's operations with access to benefits and broader employment opportunities. The transaction grew from an existing referral partnership between the two companies and involved Trusted Life Care co-founders Leslie Davis and Lisa Hain handing over the business.

Carenet Health Acquires Balto Health Services

April 22, 2025

Healthcare Services

Carenet Health has acquired Balto Health Services to expand its bilingual managed services and patient/member engagement capabilities. The acquisition brings Balto’s Biloxi and El Salvador operations into Carenet’s platform to better serve start‑up and mid‑sized healthcare organizations, particularly those serving Medicare, Medicaid and government‑sponsored populations.