08:46 AM
BCBS of Florida Acquires Florida Health Care Plans
Jacksonville, Fla.-based Blue Cross and Blue Shield of Florida, Inc. (BCBSF) has completed its acquisition of Florida Health Care Plan, Inc. (Daytona Beach, Fla.)(FHCP), from Halifax Hospital Medical Center (Daytona). FHCP will operate as a community-based, locally-managed, HMO subsidiary of BCBSF, serving Volusia and Flagler counties.
FHCP is a mixed staff-model health care plan with 53,000 members consisting of large and small employer group plans, Medicare Advantage Part D Plans and the Cover Florida Plan, 300 physicians, including 60 employed physicians, 12 health care facilities and eight pharmacies in Volusia and Flagler counties.
"As a result of this acquisition, FHCP members who are temporarily outside of the Volusia and Flagler service area, to include students away at college, will have access to the BCBSFL Statewide and National networks," said Butch Simpson, CEO of FHCP. "FHCP will become stronger by offering plans in collaboration with BCBSFL which cover employers with employees both inside and outside of the Volusia and Flagler service area."
As a subsidiary of BCBSF, FHCP will provide services to those who qualify for the Cover Florida Health Care Access Program in Volusia and Flagler counties. BCBSF will provide Cover Florida services throughout the rest of the state as one of two statewide participants.
Peggy Bresnick Kendler has been a writer for 30 years. She has worked as an editor, publicist and school district technology coordinator. During the past decade, Bresnick Kendler has worked for UBM TechWeb on special financialservices technology-centered ... View Full Bio