Industry Bulletins | September 19, 2018
Evolent Buys New Century Health To Bolster Specialty Care
Washington, D.C-based Evolent Health (Evolent) recently announced its acquisition of New Century Health (New Century). Evolent anticipates that the $217 million transaction will help bolster its specialty care services, as well as better manage their costs for both provider organizations and clinical professionals.
With the purchase, Evolent will acquire New Century’s expertise in cancer and cardiac care, as well as its 462,000 Medicare Advantage members. Specifically, Evolent has remarked on New Century’s ability to bring clinical, pharmacy management, and clinical professional engagement together to deliver the best possible care to consumers. Evolent leadership additionally remarked . . .