Bright Health, a diversified consumer-focused healthcare company, announced Friday it has closed on the acquisition of California-based Universal Care Inc. (d.b.a. Brand New Day) health plan. This transaction combines Brand New Day’s local expertise and specialized clinical programs with Bright Health’s nationally recognized leadership, next-generation technology and intelligence platform, and innovative personalized approach to healthcare. Bright Health announced its planned acquisition of Brand New Day in January of this year, and the transaction received regulatory approval on April 22 and closed on April 30. Brand New Day was founded in 1983 by the Davis family to improve health outcomes through an emphasis on complex care management, population health and strong relationships between patients and their primary care physicians.
Read the full article: Bright Health Completes Acquisition of Brand New Day Health Plan Bringing Its Groundbreaking Model to California Seniors //
Source: https://www.prnewswire.com/news-releases/bright-health-completes-acquisition-of-brand-new-day-health-plan-bringing-its-groundbreaking-model-to-california-seniors-301050952.html