2014 News Releases
Blue Cross and Blue Shield of New Mexico Receives Regulatory Approval to Acquire Lovelace Health Plan Membership in New Mexico
Blue Cross and Blue Shield of New Mexico (BCBSNM) received its final regulatory approval to acquire Lovelace Health Plan commercial members and the Medicare Advantage contract. The transaction is expected to be complete on June 1, 2014. This acquisition does not include Lovelace's hospitals, providers, pharmacies or clinics. Lovelace Health System and BCBSNM continue to build on their strong history and long-term relationship to service BCBSNM members with highly coordinated, cost-effective, quality care. Lovelace Health Plan Medicare Advantage and commercial members officially become BCBSNM members on June 1, 2014.