India, Sept. 28 -- On Monday, ECGI Holdings Inc. (ECGI), a medical devices company, announced that it has entered into a non-binding letter of intent to acquire Avanta Group, Inc. and its subsidiaries.
The proposed transaction is expected to help ECGI to build a diversified healthcare platform covering Medicare Advantage health plans, healthcare management services, health technology, consumer health, and related real estate.
Prior to enrolling members, Avanta Health Plan license from the California Department of Managed Health Care and the Centers for Medicare & Medicaid Services.
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The proposed transaction would give ECGI access to the large U.S. health...