GuideWell
 | This article needs additional citations for verification. (January 2015) |
 Florida Blue Cross Blue Shield Tower, Jacksonville, Florida | |
| Company type | Mutual |
|---|---|
| Industry | Insurance and Healthcare Solutions |
| Founded | April 27, 1944 in Jacksonville, Florida, U.S. |
| Headquarters | , U.S. |
Key people | Patrick J. Geraghty (President and CEO) Thurman Justice (CFO) Charles Joseph (General Counsel) Gary Anderson (CIO) |
| Products | Health Insurance |
| Revenue |  US$30 billion[1] (2022) |
| US$1 billion[2] (2018) | |
Number of employees | ~18,000[3] (2023) |
GuideWell, formally GuideWell Mutual Holding Corporation (holding company for Florida Blue), is a mutual insurance holding company primarily focused on health insurance in Florida. It was created in 2013 by a reorganization initiated by Florida Blue, a member company of the Blue Cross Blue Shield Association.[4] By health insurance premiums written, it is 10th largest in providing health insurance in the United States with about $15b in health insurance sales.[5]: 70
History
[edit]It originally formed out of Florida Hospital Service Corporation founded in 1944, which became Blue Cross of Florida, and Florida Medical Services Corporation in 1946, which became Blue Shield of Florida.[citation needed] These merged in 1980 into Blue Cross and Blue Shield of Florida,[6] which was renamed Florida Blue in 2012.[7] In 2009, Florida Blue acquired Florida Health Care Plans.[8] In 2022, GuideWell acquired Triple-S, which operated Blue Cross Blue Shield plans in Puerto Rico.[9]
Subsidiaries
[edit]The holding company controls corporations operating in insurance, health care providers, consumerism, and government.[10]
Subsidiaries include:
- GuideWell Source - Medicare administrator
- Novitas Solutions
- First Coast Service Options
- WebTPA - third-party administrator
- Capital Health Plan
- Florida Health Care Plans
References
[edit]- ^ "GuideWell reaches $30 billion in revenue; ICE: Black Knight deal helps mortgage 'ecosystem' | Jax Daily Record". 2023-10-06.
- ^ "Jacksonville-based GuideWell had $19 billion in revenue". www.jaxdailyrecord.com. 19 July 2019.
- ^ "Our Story". GuideWell.
- ^ Elmore, Charles. "State approves Florida Blue reorganization but bars stock sale". The Palm Beach Post. Retrieved 2023-01-03.
- ^ "Annual Report on the Insurance Industry (September 2018)" (PDF). FEDERAL INSURANCE OFFICE, U.S. DEPARTMENT OF THE TREASURY.
- ^ "BCBSF COMPANY FACTS" (PDF). BCBSF.
- ^ "Florida Blue –New Name of Blue Cross and Blue Shield of Florida Changes mark a new era, expanded focus for Florida's health leader". Florida Blue. Retrieved 2019-06-24.
- ^ https://www.fhcp.com/about-us/
- ^ https://www.fiercehealthcare.com/payers/florida-blue-parent-guidewell-closes-acquisition-triple-s-management
- ^ "Guidewell | Our Companies". www.guidewell.com. Retrieved 2019-06-24.