USA—Elevance Health, Inc., an American health insurance provider, and Clayton, Dubilier & Rice (CD&R) have announced a strategic partnership aimed at driving innovation in primary care delivery, improving the healthcare experience, and ultimately improving health outcomes.

This endeavor, which will span many regions of the United States, will bring together particular care delivery and enablement assets from Elevance Health’s Carelon Health and CD&R portfolio companies, apree health, and Millennium Physician Group (MPG).

The strategic collaboration plans to implement advanced primary care models that take a comprehensive approach to addressing each individual’s physical, social, and behavioral health.

The formation of strong patient-provider connections is central to this unique strategy, which is supported by data-driven insights, streamlined care coordination, referral management, and integrated health coaching.

Furthermore, the alliance will take advantage of realigned incentives through value-based care agreements, allowing for better health outcomes, aiding individuals in living healthier lives, and increasing care affordability.

In a statement, Clay Richards, CD&R Operating Partner, stressed the importance of this relationship, describing it as a critical step in their continuous commitment to promoting innovation in care delivery across the country.

Richards expressed excitement about the relationship with Elevance Health, emphasizing the ability to leverage the three businesses’ aggregate skills to improve the patient and physician experience across communities.

For her part, Bryony Winn, President of Health Solutions at Elevance Health, emphasized the need of resourced and empowered primary care clinicians in guiding people through life’s most vulnerable periods and encouraging proactive health management.

Winn claimed that the collaboration with CD&R will usher in a new era of enhanced primary care across the country, with mutual benefits for both consumers and providers.

This collaborative alliance marks a watershed moment in Elevance Health’s objective to increase access to advanced primary care across a variety of health plans, including commercial, individual exchange, Medicaid, and Medicare.

With a payer-agnostic platform that serves nearly one million people, the combined strengths of apree health, Carelon Health, and MPG are set to improve health and well-being while driving greater quality care.

Individuals will benefit from this collaboration by having access to integrated care teams, personalized navigation, better digital access, and specialized services suited to high-need populations.

Employers will benefit from enhanced care provider services that ensure affordability and exceptional employee experiences, including dedicated primary care capacity linked with clinical and benefits navigation.

Elevance’s investment will primarily consist of cash and ownership interest in Carelon Health’s select care delivery and enablement assets, subject to customary regulatory approvals.

While the particular terms of the agreement have not been announced, it is expected to have no meaningful impact on Elevance Health’s financial results in 2024.

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