Forbes April 15, 2024
Elevance Health, the parent of Blue Cross and Blue Shield health insurance plans in 14 states, has signed a deal with the private equity firm Clayton, Dubilier & Rice to “advance primary care delivery.”
Neither Elevance Health nor Clayton, Dubilier & Rice executives would provide further comment beyond a Monday morning press release. Financial terms of what the companies involved described as the forming of a “strategic partnership” weren’t disclosed.
“This effort, which will operate across multiple regions of the United States, will bring together certain care delivery and enablement assets of Elevance Health’s Carelon Health and (Clayton, Dubilier & Rice) portfolio companies, apree health and Millennium Physician Group (MPG),” the companies said in a press release Monday.
The investment...
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