A national managed care company has acquired a small carrier in the Sunshine State.
Humana Inc., Louisville, Ky., has paid about $14 million for Metcare Health Plans Inc., a unit of Metropolitan Health Networks Inc., West Palm Beach, Fla.
Metcare has been providing Medicare Advantage coverage for about 7,300 Florida residents in Charlotte, Collier, Glades, Lake, Lee, Manatee, Marion, Martin, Okeechobee, Polk, Sarasota, St. Lucie and Sumter counties.