Elevance Health has signed a deal to purchase Carebridge, a manager of home care and community-based services, the health insurer’s chief executive said Thursday. Nashville-based Carebridge, which helps coordinate care of individuals who receive home and community-based services by providing 24/7 access to a clinician, generates more than $4 billion annually, according to a spokeswoman with Oak HC/FT, an investment firm that helped start the company. Carebridge was founded in 2019 by investor Brad Smith with support from Annie Lamont at Oak HC/FT.
Read the full article: Elevance Health Will Add to Carelon Portfolio with Carebridge Acquisition //
Source: https://www.forbes.com/sites/brucejapsen/2024/10/17/elevance-health-ads-to-carelon-portfolio-with-carebridge-acquisition/