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Employee Benefits

Baystate Health, ProMedica sell insurance subsidiaries to focus on core functions

February 19, 2024 Reprints

In January, two U.S. health systems, Baystate Health and ProMedica, announced plans to sell their insurance subsidiaries to larger nonprofit insurers, Becker’s payer Issues reports. Baystate Health is selling Health New England to Point32Health, while ProMedica is selling Paramount Health to Medical Mutual of Ohio.

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Baystate Health, ProMedica sell insurance subsidiaries to focus on core functions

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