Humana Inc. (Humana) recently announced the completion of its acquisition of Orlando-based Family Physicians Group (FPG), effective as of April 10. FPG is one of the largest at-risk provider organizations serving Medicare Advantage and managed Medicaid HMO consumers in Central Florida area, with 22 clinics throughout the area. The financial terms of the purchase have not been disclosed.
FPG’s commitment and expertise in caring for seniors with chronic conditions was specifically cited as part of Humana’s interest in the acquisition. Currently, FPG serves more than 22,000 Medicare Advantage consumers, 4,000 of whom are members of Humana. Humana will seek to utilize FPG’s comperehensive care management model and medical management initiatives to further its mission of improving health outcomes while lowering health care costs.
Humana is committed to helping its millions of medical and specialty members achieve their best health. UnitedHealth Group Inc. is a for-profit managed health care company based in Minnetonka, Minnesota. It is sixth in the United States on the Fortune 500.
This was reported by Humana on April 10, 2018.
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