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Anthem completes acquisition of privately held Medicare Advantage organization

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Anthem completes acquisition of privately held Medicare Advantage organization

Anthem Inc. has completed the purchase of America's 1st Choice, a privately held and for-profit Medicare Advantage organization that offers health maintenance organization products in Florida.

Financial terms of the transaction were not disclosed, and the transaction is expected to be slightly accretive to earnings in 2018, Anthem said.

America's 1st Choice will operate as a wholly owned subsidiary of Anthem, and its associates will join Anthem's government business division.

The company also operates America's 1st Choice of South Carolina.