Elevance Health integrates infusion services
By HME News Staff
Updated 9:03 AM CST, Mon January 8, 2024
INDIANAPOLIS – Elevance Health, which, through its affiliates, offers a comprehensive suite of commercial, Medicare and Medicaid plans, has entered into an agreement to buy Paragon Healthcare, a Plano, Texas-based provider with a network of ambulatory infusion centers, home infusion pharmacies and specialty pharmacies.
Elevance Health’s affiliates include Anthem and Wellpoint, as well as Carelon. Paragon Healthcare will operate as part of CarelonRx, the pharmacy services segment of the company.
“The acquisition of Paragon Healthcare will deepen our capabilities around providing affordable, convenient access to specialty medications and best-in-class services for our members living with chronic and complex illnesses,” said Pete Haytaian, executive vice president, Elevance Health, and president, Carelon. “Together, Elevance Health and Paragon Healthcare will have the ability to provide members with greater choice on the most appropriate site of care options, such as ambulatory or in-home locations, which will remove barriers to care and better support members’ whole health.”
Paragon Healthcare serves more than 35,000 patients at more than 40 ambulatory infusion centers across eight states and in patients’ homes. The company helps treat more than 300 health conditions with 24/7 on-call support.
Following the acquisition, Elevance Health will look to expand Paragon Healthcare’s geographical footprint and operations, while bolstering its therapeutic coverage.
Another Carelon division, Carelon Insights, provides medical benefits management and is composed of brands formerly operating as AIM Specialty Health, Meridian Resource Company, and myNEXUS.
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