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WellMed Unit Scoops Up Citrus

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A Medicare Advantage plan specialist has acquired a Florida government plan vendor.

PHC Holdings of Florida, a unit of WellMed Medical Management Inc., San Antonio, now owns Citrus Health Care, Tampa, Fla.

Citrus manages Medicare Advantage plans with 10,000 enrollees and Medicaid plans with 44,000 enrollees.

PHC was founded in 2005. It runs Medicare Advantage plans in Arkansas, Florida, New Mexico and Texas.