Elevance Health Inc. (NYSE: ELV) plans to go big on post-acute care models and value-based care. Those were two main takeaways from the Indianapolis-based company’s second quarter earnings call Wednesday. Elevance CEO Gail Boudreaux noted that Carelon Services — the company’s provider services arm — delivered solid organic growth led by the expansion of post-acute […]
myNEXUS
For Elevance Health Inc. (NYSE: ELV), the focuses remain clear: Medicare Advantage (MA) member growth and value-based care growth. To achieve both of those, the company is likely to leverage home-based care. Elevance’s myNEXUS – a post-acute care convener – remains one of the company’s emerging assets within the Carelon health care services platform, Carelon […]
Elevance Health Inc. (NYSE: ELV) leaders believe that investing early in its at-home care platform will give it a comfortable runway as rumors of a recession swirl around the U.S. economy. By purchasing myNEXUS, a convener that manages home-based care for payers, Elevance has been able to diversify its business profile and feels like it […]
Anthem Inc. (NYSE: ANTM) continues to tout its positioning when it comes to home-based care. The Indianapolis-based insurer acquired myNEXUS — a convener that manages home-based care for payers — earlier this year. Anthem’s focus on how that acquisition improves its overall network since then reflects its home-based commitments. “We closed on the acquisition of […]
LHC Group announces JV expansion LHC Group Inc. (Nasdaq: LHCG) as well as partners Texas Health Resources and Methodist Health System are expanding their joint venture in Texas. The three health care organizations announced on Thursday that they’re purchasing and sharing ownership of Regent Home Health, a provider that currently serves patients and families in […]
Anthem Inc. (NYSE: ANTM) is bolstering its home-based care capabilities. The Indianapolis-based health insurer announced Wednesday that it has entered into an agreement to buy myNEXUS Inc., a technology-enabled company that manages home-based care for payers. Financial terms of the agreement were not disclosed. “Providing timely care for members in their homes allows for both […]