Forbes March 2, 2020
Anthem has purchased Beacon Health Options, adding a national network of behavioral health services in the health insurer’s effort to manage care of the “whole person.”
Beacon manages mental health, substance abuse and other behavioral health services for more than 36 million people across the U.S. Anthem, which owns Blue Cross and Blue Shield plans in 14 states, didn’t disclose a price it is paying Bain Capital Private Equity and Diamond Castle Holdings for Beacon Health, which is privately held.
Anthem’s completion of the deal announced Monday is significant as health insurers move beyond managing just medical care to make sure patients are getting the right care, in the right place and at the right time. Anthem and its rivals,...