M&A: Anthem Reportedly in Negotiations to Acquire CareCentrix

M&A: Anthem Reportedly in Negotiations to Acquire CareCentrix
M&A: Anthem Reportedly in Negotiations to Acquire CareCentrix

What You Should Know:

– Health insurer Anthem
is in late-stage negotiations to acquire home healthcare benefits manager CareCentrix, according to PE Hub.

– PE Hub reports
that customer concentration issues have been a factor in negotiations; however,
the deal is far from certain.

– Backed by growth private equity firm Summit Partners, East Hartford, CT-based
CareCentrix provides specialty benefit management services to health plans,
improving quality and reducing costs in several areas of home-based healthcare
such as home nursing, home medical equipment, home drug infusion, sleep
diagnostic tests and hospital readmissions for more than 26 million.

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