M&A: Anthem Reportedly in Negotiations to Acquire CareCentrix

What You Ought to Know:

— Health insurer Anthem
remains in late-stage settlements to obtain home health care advantages supervisor CareCentrix, according to PE Hub.

— PE Hub reports
that customer concentration problems have actually been a factor in settlements; nevertheless,
the deal is far from certain.

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