Healthplan Holdings buys Zenith

TAMPA — Healthplan Holdings Inc. has become the largest third-party administration company for insurers in health and employee benefits after a recent acquisition of Zenith Administrators Inc., according to a news release.

Zenith Administrators specializes in the management of health and pension plans.

Healthplan says it plans to merge Illinois-based Zenith with American Benefit Plan Administrators Inc., a Healthplan subsidiary that provides a similar service.