Anthem To Acquire Beacon Health Options

On June 6, 2019, Anthem Inc., announced plans to acquire behavioral health organization Beacon Health Options from Bain Capital Private Equity and Diamond Castle Holdings. Financial terms of the transaction were not disclosed. The acquisition is expected to close in the fourth quarter of 2019. Via this acquisition, Anthem, a large health benefits company, seeks to expand its focus on behavioral health solutions as part of whole person care.

Specifically, Anthem intends to combine its existing behavioral health business with Beacon’s model and support services to fully scale integrated behavioral and physical health capabilities to customers and consumers nationwide . . .