News & Insights
Anthem, Inc. Completes Acquisition of Aspire Health
Anthem, Inc. (NYSE:ANTM) announced today the completion of its acquisition of Aspire Health, the nation’s largest provider of non-hospice, community-based palliative care for people facing a serious illness.
“Anthem is focused on leading the industry by offering innovative, integrated clinical care models that help to transform how we deliver care, enhance quality and improve outcomes,” said Gail K. Boudreaux, President and CEO, Anthem. “With the addition of Aspire, we are able to expand our capabilities and serve a broader set of consumers in the home and other settings outside of the hospital, while further deepening our relationships within the healthcare community. The addition of Aspire to Anthem’s other clinical care services, such as CareMore and AIM, will provide tremendous benefit to our consumers, customers, health plan and provider partners as well as future growth opportunities for our company.”
Aspire Health offers specialized medical care focused on addressing a patient’s specific symptoms, pain, and stress; and improving quality of life for both patients and their families. Working together with a patient’s medical team, Aspire’s clinicians develop an integrated care plan to help manage symptoms such as pain, shortness of breath, fatigue, nausea, loss of appetite, difficulty sleeping and depression. The company also offers 24/7 support to patients, including nurse practitioner home visits.
Aspire Health will operate as a wholly-owned subsidiary of Anthem, and its associates will join Anthem’s Diversified Business Group. Financial terms of the transaction were not disclosed, and the transaction is expected to be neutral to earnings in 2018 and accretive to earnings in 2019.
About Anthem, Inc.
Anthem is working to transform health care with trusted and caring solutions. Our health plan companies deliver quality products and services that give their members access to the care they need. With over 74 million people served by its affiliated companies, including nearly 40 million within its family of health plans, Anthem is one of the nation’s leading health benefits companies. For more information about Anthem’s family of companies, please visit www.antheminc.com/companies.