Cone Health now owner of a Medicare Advantage plan

Cone Health has become the sole owner of a Greensboro-based Medicare Advantage plan.

Cone officials announced Wednesday that it has purchased the minority ownership interest of Health Team Advantage that had been held by Novant Health. Terms of the deal were not disclosed.

Medicare Advantage, also known as “Part C,” is a government-approved plan from a private company that serves as an alternative to Original Medicare…

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