Public Company Healthcare

Elevance Health

Indianapolis, Indiana, United States

Fueled by our bold purpose to improve the health of humanity, Elevance Health is transforming from a traditional health benefits organization into a lifetime trusted health partner, serving more than 118 million people with an integrated whole health approach and digital platform for health.

Focus Areas
Health insurance / managed care, Medicare Advantage, Medicaid managed care

Tracked deals

6

6 tracked deals across 2021-2023.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Buyout

6 buyout

Elevance Health Acquisition Volume by Year

Last 3 years

Acquisition volume by year Annual acquisition counts for the last 3 years for Elevance Health. 2 2021 3 2022 1 2023

Supporting Data

Recent Transactions

  • Elevance Health Acquires Blue Cross and Blue Shield of Louisiana
    January 23, 2023
    Buyer
    Elevance Health, Inc.
    Target
    Blue Cross and Blue Shield of Louisiana
    Industry
    Insurance
    Location
    Louisiana, United States
    Type
    Buyout

    Elevance Health has entered into a definitive agreement to acquire Blue Cross and Blue Shield of Louisiana (BCBSLA). The transaction will integrate BCBSLA into Elevance's Anthem Blue Cross Blue Shield family, keep the Louisiana headquarters and workforce local, and expand Elevance's capabilities and footprint in Louisiana.

  • Anthem, Inc. Acquires Integra Managed Care
    May 5, 2022
    Buyer
    Anthem, Inc.
    Target
    Integra Managed Care
    Industry
    Healthcare Services
    Location
    New York, United States
    Type
    Buyout

    Anthem, Inc. has completed the acquisition of Integra Managed Care, a New York-based Managed Long-Term Care (MLTC) plan that serves Medicaid beneficiaries. The deal expands Anthem's Medicaid business and adds Integra's care-management capabilities and approximately 40,000 covered members in the New York metro area to Anthem's Government Business Division; financial terms were not disclosed.

  • Welsh, Carson, Anderson & Stowe (WCAS) Majority Stake Acquisition of LIBERTY Dental Plan Corporation
    March 2, 2022
    Buyer
    Welsh, Carson, Anderson & Stowe (WCAS), Anthem, Inc.
    Target
    LIBERTY Dental Plan Corporation (LIBERTY)
    Industry
    Healthcare Services
    Location
    California, United States
    Type
    Buyout

    LIBERTY Dental Plan Corporation entered into a definitive agreement under which Welsh, Carson, Anderson & Stowe (WCAS) will make an equity investment and become the majority investor in LIBERTY. Anthem will also invest as a minority investor, and the transaction is expected to close later this year following customary regulatory reviews.

  • Vera Whole Health Acquires Castlight Health
    January 5, 2022
    Buyer
    Vera Whole Health, Clayton, Dubilier & Rice (CD&R) funds, Anthem, Inc.
    Target
    Castlight Health
    Seller
    Public shareholders of Castlight Health
    Industry
    Healthcare Services
    Location
    California, United States
    Type
    Buyout

    Vera Whole Health agreed to acquire publicly traded Castlight Health for approximately $370 million in an all-cash tender offer at $2.05 per share, taking Castlight private. Funds advised by Clayton, Dubilier & Rice (CD&R) committed to be the majority equity backer of Vera to support the combination, and Anthem will make an investment in the combined company to help scale value-based care by integrating Castlight's navigation technology with Vera's primary-care clinics.

  • Anthem, Inc. Acquires MMM Holdings (MMM Healthcare) from InnovaCare Health
    June 30, 2021
    Buyer
    Anthem, Inc.
    Target
    MMM Holdings, LLC, MMM Healthcare, LLC
    Seller
    InnovaCare Health, L.P.
    Industry
    Healthcare Services
    Location
    Puerto Rico
    Type
    Buyout

    Anthem, Inc. has completed the acquisition of Puerto Rico-based MMM Holdings, LLC and its Medicare Advantage plan MMM Healthcare, LLC, along with affiliated companies, from InnovaCare Health, L.P. The transaction expands Anthem's Medicare and Medicaid membership and strengthens its integrated, value-based care presence in Puerto Rico, where MMM serves hundreds of thousands of MA and Medicaid members.

  • Anthem Acquires myNEXUS from WindRose Health Investors
    April 29, 2021
    Buyer
    Anthem, Inc.
    Target
    myNEXUS, Inc.
    Seller
    WindRose Health Investors, LLC
    Industry
    Healthcare Services
    Location
    Tennessee, United States
    Type
    Buyout

    Anthem, Inc. acquired myNEXUS, a post-acute benefit and home-care coordination company, from WindRose Health Investors. The acquisition expands Anthem’s capabilities in home-based care and care coordination for Medicare Advantage members; terms were not disclosed.

Related Acquisition Pages

Healthcare Services Buyers & Acquisitions 5 tracked deals by Elevance Health. Insurance Buyers & Acquisitions 1 tracked deal by Elevance Health. Acquisitions in California 2 tracked deals by Elevance Health. Acquisitions in Louisiana 1 tracked deal by Elevance Health. Acquisitions in New York 1 tracked deal by Elevance Health. Acquisitions in Tennessee 1 tracked deal by Elevance Health.

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