Elevance Health (ELV), CD&R to Unveil Primary Care Offering

Elevance Health Inc. (ELV) inked an agreement with the private investment firm, Clayton, Dubilier & Rice (“CD&R”). The partnership aims to launch an enhanced primary care offering across several U.S. regions by incorporating specific care delivery and enablement assets from three care providers, ELV’s Carelon Health and two portfolio companies of CD&R, apree health and Millennium Physician Group (“MPG”). Elevance Health’s investment in the recently announced tie-up will be a blend of cash and its stake in c ...