BUPA And Blue Cross Blue Shield To Create Largest Healthcare Provider Network In The World

Bupa, has announced a strategic global partnership with the Blue Cross Blue Shield system (BCBS), to create the largest global healthcare provider network, including 11,500 hospitals and 750,000 medical professionals in 190 countries.

BCBS is the largest US-based health insurance group, comprising a federation of 37 Blue Cross Blue Shield companies, which combine to form the largest provider network in the US (over 96 per cent of US hospitals). The partnership will combine BCBS’s US network, their existing international network (accessed through their International Private Medical Insurance product, GeoBlue), and Bupa’s non-US international hospital network.

Bupa and BCBS will also develop new international health insurance products, which will be available to customers and employers worldwide for coverage in 2015.

SOURCE: ipmimagazine.com/medical-health-insurance/en/news/insurance/item/2413-bupa-and-blue-cross-blue-shield-to-create-largest-healthcare-provider-network-in-the-world

Bupa Acquires 49% Of Highway To Health

Bupa announced that it has acquired 49% of Highway to Health, Inc, a US-based specialist health insurance and services company.
The purchase was completed on 17 December.

Highway to Health is a leading innovator, devising and delivering global solutions as a technology-based specialty health services and insurance company to enable world travelers to conveniently understand, identify, navigate, access and pay for quality healthcare all around the world. Highway to Health specializes in the creation of proprietary online and mobile global health information databases by destination and international economic protection program development, risk assessment, marketing and distribution.

In 2007 and 2008, the company was recognized by Deloitte LLP as a “Technology Fast 500” company based on its historic growth and proprietary web and wireless capabilities. Highway to Health focuses on the development of unique assets, including a directly contracted international network of medical practitioners and facilities, to serve policyholders, benefits managers and others.

SOURCE: ipmimagazine.com/medical-health-insurance/en/news/insurance-industry-mergers-acquisitions/item/2432-bupa-acquires-49-of-highway-to-health

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