Fierce Healthcare August 23, 2024
Evolent Health, a company that offers software solutions to help providers and insurers transition to value-based care, is reportedly in talks for an acquisition after receiving takeover inquiries, Reuters reported on Thursday.
The company assumes downside risk for providers and health plans and guarantees savings for the health plan. Evolent’s doctors, nurses and licensed clinical social workers help create clinical pathways and protocols for providers to improve care and optimize spend.
Evolent has a market value of about $3.8 billion, the sources said, Reuters reported.
Evolent shares jumped more than 18% Thursday after Reuters reported news of the sale interest by private equity firms TPG, KKR and Clayton, Dubilier & Rice (CD&R) and health insurer Elevance. Seeking Alpha predicts...
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