Elevance partners with private equity firm on primary care

Healthcare DIVE April 16, 2024
Rebecca Pifer

The payer has inked a deal with Clayton, Dubilier and Rice to join their primary care assets as Elevance looks to catch up with peers like UnitedHealth and CVS in care delivery.

Dive Brief:

• Elevance is partnering with a major private equity firm to build out its primary care offerings as the insurer looks to catch up with its peers in the care delivery space.
• Under a new deal announced Monday, Elevance is joining the care delivery and enablement assets of its health services business Carelon with two of Clayton, Dubilier and Rice’s primary care portfolio companies — Apree Health and Millennium Physician Group.
• The goal of the partnership is to create a new primary care model that Carelon...

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