Anthem completes acquisition of Integra Managed Care

Anthem, an Indianapolis-based health system, has completed its acquisition of Integra Managed Care, a New York-based managed long-term care plan.

The deal brings Integra’s more than 40,000 Medicaid members and network of care management teams to Anthem, which serves more than 118 million people through its affiliated companies. Integra’s care management teams, which include a registered nurse, social worker and coordinator, work in close partnership with members, families and healthcare providers to offer long-term care.

“We’re pleased to complete this acquisition and work alongside our new colleagues as we continue to grow our Medicaid business and enhance the healthcare experience for all of our members,” Felicia Norwood, executive vice president of Anthem’s Government Business division, said in a statement. “Anthem and Integra’s shared commitment to deliver high quality, comprehensive whole-health care across communities throughout New York ensures that our members will continue to receive the care and support services that they have come to expect.”

As part of the deal, Integra associates have joined Anthem’s Government Business Division. Financial terms of the deal, which was announced late 2021, were not disclosed.

The acquisition comes a few years after a merger between health insurer Cigna and Anthem fell apart. That deal was worth approximately $50 billion at the time, and the fallout resulted in the healthcare organizations filing lawsuits against each other.