GuideWell Mutual Holding Corporation (GuideWell), the parent to a family of forward-thinking companies focused on transforming health care including Florida Blue, Florida’s leading health insurer, announced that it has signed an agreement to become the majority shareholder of New Directions Behavioral Health (New Directions), a leading managed behavioral health care organization. GuideWell, currently a minority shareholder of New Directions, will acquire all interests from Blue Cross Blue Shield of Kansas City and Blue Cross Blue Shield of Michigan as part of the transaction. Blue Cross and Blue Shield of Alabama, Arkansas Blue Cross and Blue Shield, Blue Cross and Blue Shield of Kansas and BlueCross Blue Shield of Louisiana will remain minority shareholders of New Directions.
Read the full article: GuideWell Acquires Majority Stake in New Directions Behavioral Health //
Source: https://www.prnewswire.com/news-releases/guidewell-acquires-majority-stake-in-new-directions-behavioral-health-301164909.html