After Partnership With CD&R, Elevance Health Continues To Bet On Its Provider Services Arm

Home Health Care News April 18, 2024
Andrew Donlan

Elevance Health (NYSE: ELV) continues to point to its provider capabilities – which include home-based care services – as a strategic priority.

The company has partnered with the private equity firm Clayton, Dubilier & Rice (CD&R) on a primary care initiative that will bring together Carelon Health – Elevance Health’s provider arm – and apree health and Millennium Physician group, two CD&R-backed companies.

“CD&R’s collaboration with Elevance Health is an important step in our ongoing investment focus to accelerate innovation in care delivery across the country,” Clay Richards, a CD&R operating partner, said in a press release Monday. “We are excited to enter into this strategic partnership with Elevance Health and for what this effort can accomplish, drawing out the...

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