Thursday, July 27, 2017

Evergreen Health investors pull out of deal to create for-profit insurer

A group of investors that had applied to acquire the struggling Evergreen Health informed the company it will not proceed with the deal. Anne Arundel Health System, LifeBridge Health and JARS Health Investments — an investment group formed and funded by Maryland health care executives including local entrepreneur Dr. Scott Rifkin — had been seeking to acquire the Baltimore-based health insurer. After months of regulatory hurdles, Maryland Insurance Commissioner approved the deal last month. Evergreen…



from https://www.bizjournals.com/baltimore/news/2017/07/27/evergreen-health-investors-pull-out-of-deal-to.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/163481932047

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