Anthem, Inc. Completes Acquisition of Integra Managed Care
May 05 2022 - 7:48AM
Business Wire
Anthem, Inc. (NYSE: ANTM) today announced the completion of its
acquisition of Integra Managed Care, a Managed Long-Term Care Plan
in New York that helps adults with long term care needs and
disabilities live safely and independently in their own home.
“We’re pleased to complete this acquisition and work alongside
our new colleagues as we continue to grow our Medicaid business and
enhance the healthcare experience for all of our members,” said
Felicia Norwood, Executive Vice President of Anthem’s Government
Business Division. “Anthem and Integra’s shared commitment to
deliver high quality, comprehensive whole-health care across
communities throughout New York ensures that our members will
continue to receive the care and support services that they have
come to expect.”
Serving over 40,000 Medicaid members, Integra helps its members
live safely and independently through its dedicated care management
team, including a Registered Nurse, Social Worker, and Coordinator.
These teams work in close partnership with members, their families,
and health care providers to ensure their long-term care needs are
met. Integra’s service areas include the five boroughs of New York,
Nassau, Suffolk, and Westchester.
Integra associates have joined Anthem’s Government Business
Division. Financial terms of the transaction were not disclosed.
Anthem’s legal advisors are White & Case, Hinman Straub, and
Lewis Rice. Ruskin Moscou Faltischek, Greenberg Traurig, and ESOP
Law Group are acting as legal advisors for Integra. Stifel acted as
the exclusive financial advisor to Integra in this transaction.
About Anthem, Inc.
Anthem is a leading health company dedicated to improving lives
and communities, and making healthcare simpler. Through its
affiliated companies, Anthem serves more than 118 million people,
including more than 45 million within its family of health plans.
Delivering health beyond healthcare, Anthem is expanding from being
a partner in health benefits to a lifetime, trusted health partner.
For more information, please visit www.antheminc.com or follow
@AnthemInc on Twitter.
About Integra Managed Care
Integra Managed Care is a New York State Managed Long Term Care
Plan designed for adults living with long-term disabilities.
Integra’s goal is to help members live safely and independently in
the comfort of their own home with a dedicated team of nurses and
social workers who will ensure the care and services that will help
individuals live as independently as possible.
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intense competition to attract and retain employees; and various
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discourage takeovers and business combinations.
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version on businesswire.com: https://www.businesswire.com/news/home/20220504006304/en/
Media Contact: Leslie Porras Leslie.Porras@anthem.com
Investor Relations: Stephen Tanal
Stephen.Tanal@anthem.com
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