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In 1992, WellPoint was formed to operate Blue Cross of California's managed care business. [25] In January 1993, Blue Cross of California spun off its managed care business into a publicly traded entity, WellPoint Health Networks Inc. Blue Cross of California retained an 80% interest and voting control. [26] [27]
On July 9, 2012, Anthem Inc. (then known as WellPoint) entered into an agreement to acquire Amerigroup Corporation for $4.9 billion. [7] Anthem has since re-branded to Elevance Health, Inc. [ 8 ] On March 1, 2020, Amerigroup told Grays Harbor Community Hospital (GHCH) and Harbor Medical Group (HMG) of their decision to terminate their ...
Ex-President & CEO, WellPoint (now Elevance Health) Angela Fick Braly (born July 2, 1961) is an American executive. She served as president and chief executive officer of WellPoint (now Elevance Health ), a large U.S.-based provider of health insurance , and was a member of the company's board of directors .
In 1995, the company acquired The MetraHealth Companies Inc. for $1.65 billion. MetraHealth was a privately held company formed by combining the group healthcare operations of The Travelers Companies and MetLife. In 1996, UnitedHealthcare acquired HealthWise of America, which operated HMOs in Arkansas, Maryland, Kentucky and Tennessee. [10]
WellPoint was recently ranked 249th on the 2008 Deloitte Technology Fast 500, [10] a ranking of the 500 fastest growing technology, media, telecommunication and life sciences companies in North America; 28th on the Canadian Technology Fast 50, [11] a ranking of the 50 fastest growing technology firms in Canada; 6th in the Over $20 Million Group for Alberta Venture's 2009 Fast Growth 50 list, a ...
NiSource was founded in 1912 as the Northern Indiana Public Service Company, which merged with several other companies to become the Columbia Gas and Electric Corporation. Under the Public Utility Holding Company Act of 1935 , Columbia was forced to reorganize its subsidiaries and eventually spun off its electric utilities, becoming the ...
Wellmark is headquartered in downtown Des Moines and Sioux Falls. It has 1707 employees in Iowa and 171 in South Dakota. [5] It consists of Wellmark Blue Cross and Blue Shield of Iowa, Wellmark of South Dakota, Inc. (doing business as Wellmark Blue Cross and Blue Shield of South Dakota) and Wellmark Health Plan of Iowa, Inc. [5] The Wellmark Foundation is a private foundation to support health ...
Between 2008 and 2012, the company agreed to pay a total of $217.5 million to settle the claims against them. [16] [17] [18] 2008–2019.