M&A Deal Summary |
|
|---|---|
| Date | 2021-02-02 |
| Target | MMM Holdings |
| Sector | Healthcare Services |
| Buyer(s) | Elevance Health |
| Sellers(s) | InnovaCare Health |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 2001 |
| Sector | Insurance |
| Employees | 104,900 |
| Revenue | 171.3B USD (2023) |
Elevance Health is a health benefits company serving customers throughout the United States. Through its networks nationwide, the company delivers a number of leading health benefit solutions through a broad portfolio of integrated health care plans and related services, along with a wide range of specialty products such as life and disability insurance benefits, dental, vision, behavioral health benefit services, as well as long term care insurance and flexible spending accounts. Elevance Health was established in 2001 and is based in Indianapolis, Indiana.
| DEAL STATS | # |
|---|---|
| Overall | 20 of 25 |
| Sector (Healthcare Services) | 14 of 18 |
| Type (Divestiture) | 2 of 3 |
| Country (Puerto Rico) | 1 of 1 |
| Year (2021) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-06-06 |
Beacon Health Options
Boston, Massachusetts, United States Beacon Health Options is a care management company that specializes in customized behavioral health solutions on behalf of health insurance companies, managed care organizations, and state and local governments. Beacon's suite of care management and population health programs helps individuals access timely, appropriate and effective mental health and substance abuse services. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-03-24 |
myNEXUS
Brentwood, Tennessee, United States myNEXUS is a post-acute benefits management company focused on delivering innovative home and community-based product offerings. myNEXUS provides comprehensive management services to health plans and other risk-bearing organizations on an at-risk or fee-for-service basis for total medical expense related to Integrated Home Health, Stars Performance Improvement Program, Social Determinants of Health, Inpatient Avoidance and Clinical Programs. myNEXUS was formed in 2014 and is based in Brentwood, Tennessee. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1998 |
| Sector | Healthcare Services |
InnovaCare Health improves the lives of patients and physicians through innovative solutions for value-based healthcare. Throughout its 20+ year history, InnovaCare Health has owned, operated, and managed an integrated portfolio of medical groups, health plans, medical service organizations, clinical networks, and more. InnovaCare Health was founded in 1998 is based in Orlando, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Healthcare Services) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (Puerto Rico) | 1 of 1 |
| Year (2021) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-04-23 |
Trinity Medical Group
Lakeland, Florida, United States Trinity Medical Group is a provider of primary care services to seniors. Trinity Medical Group is based in Lakeland, Florida. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-05-19 |
Family Care Partners
Jacksonville, Florida, United States Family Care Partners is an independent primary and preventative care company in the Southeast. FCP conducts more than 140,000 patient visits annually and employs more than 230 staff members, making it one of the largest providers of primary care in the region. |
Buy | - |
