Anthem, Inc. Acquires MMM Holdings (MMM Healthcare) from InnovaCare Health
June 30, 2021
Anthem, Inc. has completed the acquisition of Puerto Rico-based MMM Holdings, LLC and its Medicare Advantage plan MMM Healthcare, LLC, along with affiliated companies, from InnovaCare Health, L.P. The transaction expands Anthem's Medicare and Medicaid membership and strengthens its integrated, value-based care presence in Puerto Rico, where MMM serves hundreds of thousands of MA and Medicaid members.
- Buyers
- Anthem, Inc.
- Targets
- MMM Holdings, LLC, MMM Healthcare, LLC
- Sellers
- InnovaCare Health, L.P.
- Industry
- Healthcare Services
- Location
- Puerto Rico
- Transaction Type
- Buyout
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