One of the most influential healthcare insurance providers Anthem has decided to acquire myNexus, a home-based nursing management company, for an undisclosed amount from a group of investors.
- Anthem is on its way to buy myNexus from an investor group led by New York City-based special equity firm WindRose Health Investors. A spokesperson for Anthem maintained that the payer having a relationship with myNexus from 2017, wherein the latter manages 830,000 of Anthem’s MA and group retiree members.
- MyNexus is known to provide payers self-regulation services for home visit support. MyNexus currently contributes clinical support services to 1.7 million Medicare Advantage members across 20 States.
- The company’s digital platform relies upon analytics and 250 clinicians who are working tirelessly to manage home care for members. Prakash Patel, MD, President of Anthem Diversified Business Group said, “ bringing the right level of whole-person care into the home outcomes, reduces readmissions and improves members and their family’s experiences of wellbeing”.
- Once the myNexus acquisition is closed, Anthem will be able to better leverage its existing base to serve its members in the home, possibly keeping them out of the hospital and costlier healthcare plans.
- Anthem, the largest for-profit managed healthcare company in the Blue Cross Blue Shield Association anticipates closing the deal during the second quarter of 2021. The insurer said that the deal which is to be conducted by the second quarter of this year has been noted in line with Anthem’s at-home care management strategy.