Healthcare Georgia Foundation was created through the conversion of public assets resulting from the merger between BlueCross BlueShield of Georgia and WellPoint Health Networks The first BlueCross BlueShield (BCBS ) organization was formed in 1937, in Atlanta. Over the next 20 years, multiple BCBS organizations began to surface throughout Georgia with similar missions and operations. In 1975, these organizations consolidated into two major entities, one based in Columbus and the other in Atlanta. An additional merger in 1985 resulted in what was then known as BlueCross BlueShield of Georgia. In 1995, BlueCross BlueShield of Georgia began a six-year journey that would dramatically change the complexion of its management and day-to-day operations. This transition began with the passage of legislation allowing BlueCross BlueShield of Georgia to convert from a nonprofit status to a for-profit status organization.