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M&A: Anthem Reportedly in Negotiations to Acquire CareCentrix

by Jasmine Pennic 09/24/2020 Leave a Comment

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M&A: Anthem Reportedly in Negotiations to Acquire CareCentrix

What You Should Know:

– Health insurer Anthem is in late-stage negotiations to acquire home healthcare benefits manager CareCentrix, according to PE Hub.

– PE Hub reports that customer concentration issues have been a factor in negotiations; however, the deal is far from certain.

– Backed by growth private equity firm Summit Partners, East Hartford, CT-based CareCentrix provides specialty benefit management services to health plans, improving quality and reducing costs in several areas of home-based healthcare such as home nursing, home medical equipment, home drug infusion, sleep diagnostic tests and hospital readmissions for more than 26 million.

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Tagged With: Anthem, Healthcare Mergers & Acquisitions, home healthcare, Hospital Readmissions, Partners, Private Equity

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