CareFirst has made a strategic investment in Best Doctors

December 2016 – CareFirst BlueCross BlueShield, through an affiliate, made a $10 million growth equity investment in Best Doctors, Inc. England Securities served as financial advisor to CareFirst BlueCross BlueShield in connection with the structuring, diligence, and execution of this investment.

Best Doctors, based in Boston, MA, is a leading provider of medical expert review services to multi-national employers and health insurers.

CareFirst BlueCross BlueShield, based in Baltimore, MD, is an independent licensee of the Blue Cross and Blue Shield Association. Through its affiliates and subsidiaries, CareFirst BlueCross BlueShield offers a comprehensive portfolio of health insurance products and administrative services to 3.4 million individuals and groups in Maryland, the District of Columbia and Northern Virginia.

CareFirst BlueCross BlueShield is the shared business name of CareFirst of Maryland, Inc. and Group Hospitalization and Medical Services, Inc. which are independent licensees of the Blue Cross and Blue Shield Association. The Blue Cross and Blue Shield Names and Symbols are registered trademarks of the Blue Cross and Blue Shield Association.