{"id":600733,"date":"2023-01-24T12:49:48","date_gmt":"2023-01-24T18:49:48","guid":{"rendered":"https:\/\/news.sellorbuyhomefast.com\/index.php\/2023\/01\/24\/elevance-health-to-acquire-louisiana-blue-cross-company\/"},"modified":"2023-01-24T12:49:48","modified_gmt":"2023-01-24T18:49:48","slug":"elevance-health-to-acquire-louisiana-blue-cross-company","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2023\/01\/24\/elevance-health-to-acquire-louisiana-blue-cross-company\/","title":{"rendered":"Elevance Health to acquire Louisiana Blue Cross company"},"content":{"rendered":"<div>\n<p><a href=\"http:\/\/www.modernhealthcare.com\/#main-content\" data-swiftype-index=\"false\"><br \/>\nSkip to main content<br \/>\n<\/a><\/p>\n<div data-off-canvas-main-canvas>\n<p><main role=\"main\"><br \/>\n<span id=\"main-content\" tabindex=\"-1\"><\/span><\/p>\n<div>\n<div itemscope itemtype=\"http:\/\/schema.org\/Article\">\n<div data-block-plugin-id=\"crain_node_timestamp\">\n<p><span itemprop=\"datePublished\">January 23, 2023 06:53 PM<\/span><br \/>\n<span data-lastupdated=\"created--1674518028\"><\/span>\n<\/p>\n<\/div>\n<div data-block-plugin-id=\"entity_field:node:field_emphasis_image\">\n<p><span itemscope itemtype=\"http:\/\/schema.org\/ImageObject\"><br \/>\n<a href=\"https:\/\/s3-prod.modernhealthcare.com\/s3fs-public\/deal_merger.png\" data-lightbox=\"lightbox-main-wrapper\" data-title=\"%3Cdiv%20class%3D%22article-main-image-credit%22%3EMH%20Illustration%3C%2Fdiv%3E%3Cdiv%20class%3D%22article-main-image-caption%22%3E%3C%2Fdiv%3E\">\n<picture><source  media=\"all and (min-width: 1024px)\" type=\"image\/png\"><source  media=\"all and (min-width: 768px)\" type=\"image\/png\"><source  type=\"image\/png\"><img decoding=\"async\" original=\"https:\/\/s3-prod.modernhealthcare.com\/s3fs-public\/deal_merger.png\" src=\"https:\/\/s3-prod.modernhealthcare.com\/s3fs-public\/styles\/width_792\/public\/deal_merger.png\" alt=\"deal_merger.png\" typeof=\"foaf:Image\">\n<\/picture>\n<\/a><br \/>\n<\/span>\n<\/p>\n<\/div>\n<div itemprop=\"articleBody\" data-block-plugin-id=\"entity_field:node:field_paragraphs\">\n<html><body><\/p>\n<p>Elevance Health plans to add Blue Cross and Blue Shield of Louisiana to its family of health plans for an undisclosed price, the companies announced Monday.<\/p>\n<p>Elevance Health\u2019s Anthem Blue Cross Blue Shield plans will operate in 15 states if the transaction is completed. The for-profit company has partnered with the Louisiana Blue Cross and Blue Shield affiliate for the five years. The Pelican State company will remain headquartered in in Baton Rouge and retain its 3,000 employees, according to a news release.<\/p>\n<p>Blue Cross and Blue Shield of Louisiana leads the state&#8217;s health insurance market with a 67% share, according to <a href=\"https:\/\/www.modernhealthcare.com\/insurance\/health-insurance-markets-lack-competition-ama-reports\" data-omnilocation=\"articlebody\" data-omnilink=\"editorial-link\">research<\/a> the American Medical Association published in November. That&#8217;s the third-largest share of any insurer in any state, the AMA reports.<\/p>\n<p>\u201cTo remain strong in today\u2019s environment with an ability to provide leading innovations, products and capabilities, we concluded that we needed a partner that could help us deliver these faster and better than we could alone,\u201d Blue Cross and Blue Shield of Louisiana President and CEO Dr. Steven Udvarhelyi said in the news release.<\/p>\n<p>A multibillion-dollar foundation called the Accelerate Louisiana Initiative will launch following the deal\u2019s closure to address health inequities.<\/p>\n<p><\/body><br \/>\n<\/html><\/div>\n<\/div>\n<\/div>\n<p><\/main><\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/www.modernhealthcare.com\/mergers-acquisitions\/elevance-health-blue-cross-louisiana-anthem-carelon\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Lauren Berryman<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Skip to main content January 23, 2023 06:53 PM Elevance Health plans to add Blue Cross and Blue Shield of Louisiana to its family of health plans for an undisclosed price, the companies announced Monday. Elevance Health\u2019s Anthem Blue Cross Blue Shield plans will operate in 15 states if the transaction is completed. The for-profit<\/p>\n","protected":false},"author":1,"featured_media":600734,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[115506,267],"tags":[],"class_list":{"0":"post-600733","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-elevance","8":"category-health"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/600733","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=600733"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/600733\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/600734"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=600733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=600733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=600733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}