PRESBYTERIAN HEALTH CARE: TO BUY FHP NEW MEXICO
Presbyterian Health Care Services is expected to announcedThis is part of the California Healthline Daily Edition, a summary of health policy coverage from major news organizations. Sign up for an email subscription.
that it will buy FHP New Mexico from California-based PacifiCare,
ALBUQUERQUE JOURNAL reports. Although sources confirmed the
buyout, neither party would "disclose the cost of the
acquisition." The deal would make Presbyterian the state's
largest HMO, with more than 200,000 members. It currently
provides health care "through 10 hospitals in New Mexico,
statewide clinics and contracts with doctors." The move would
give Presbyterian control of FHP's senior plan, Secure Horizons,
one of FHP New Mexico's "most successful programs." According to
the ALBUQUERQUE JOURNAL, Presbyterian has been attempting to
"bolster its seniors plan." The acquisition still requires
approval by state and federal regulators (Baca, 5/22).