Elevance Health completes acquisition of Paragon Healthcare to enhance specialty medication access
Acquiring Company
Elevance Health
Acquired Company
Paragon Healthcare
IndianapolisPlanoHealth CareMedicalBiotechnologyHealth CareMedicalDescription
Elevance Health (NYSE: ELV) has announced the completion of its acquisition of Paragon Healthcare, Inc. This acquisition will deepen Elevance Health’s capabilities around providing affordable, convenient access to specialty medications for those living with chronic and complex illnesses. Paragon Healthcare will now operate as part of CarelonRx, the pharmacy services segment within Carelon, Elevance Health’s health services division.
Quick answer
Elevance Health is acquiring Paragon Healthcare, announced March 11, 2024. Elevance Health is based in Indianapolis, Indiana, United States.
- How much did Elevance Health pay for Paragon Healthcare?
- The deal value was not disclosed.
- What does Elevance Health do?
- Elevance Health is a lifetime, trusted health partner fueled by its purpose to improve the health of humanity.
- Where are Elevance Health and Paragon Healthcare based?
- Elevance Health is based in Indianapolis, Indiana, United States. Paragon Healthcare is based in Plano, Texas, United States.
- Who are the decision-makers at Elevance Health?
- Fundz holds 1 contact at Elevance Health. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Elevance Health, and when
When Elevance Health changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired Paragon Healthcare?
Paragon Healthcare was acquired by Elevance Health, based in Indianapolis. The deal was reported on March 11, 2024. Elevance Health is a lifetime, trusted health partner fueled by its purpose to improve the health of humanity. Elevance Health is publicly traded (ELV) and operates in Health Care.
When did Elevance Health acquire Paragon Healthcare?
Elevance Health's acquisition of Paragon Healthcare was reported on March 11, 2024. Elevance Health (NYSE: ELV) has announced the completion of its acquisition of Paragon Healthcare, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Paragon Healthcare do?
Paragon Healthcare, Inc. is a leading provider of infusion services to patients through its network of ambulatory infusion centers, home infusion pharmacies, and other specialty pharmacy services. It is privately held, operating in Biotechnology, and is based in Plano.
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