ANTM - Anthem to buy Integra Managed Care; terms undisclosed

Anthem (NYSE:ANTM) entered an agreement to acquire 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 homes. The commercial terms were not disclosed. “This acquisition aligns with our goal of growing Anthem’s Medicaid business, while serving our members with a comprehensive and coordinated approach to care,” said Felicia Norwood, Executive Vice President of Anthem’s (ANTM) Government Business Division. Upon closing, Integra will join Anthem’s Government Business Division. The acquisition is expected to close by the end of Q2'22 and is subject to customary closing conditions.

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Anthem to buy Integra Managed Care; terms undisclosed