Blues plans, Lumeris align to acquire NaviNet
Three U.S. Blue health plans are partnering with health IT provider Lumeris to acquire NaviNet, developer of communication networks for physicians, hospitals and health insurers.
Lumeris and the three Blues—Highmark, Horizon Blue Cross Blue Shield of New Jersey and Independence Blue Cross—have signed an agreement to acquire NaviNet for an undisclosed price.
The partnership will build on NaviNet's network for transactions among healthcare providers and insurers by launching an initiative to deliver critical information and applications to drive value-based healthcare. Through the new partnership, NaviNet will leverage its communication network and Lumeris' accountable care delivery platform to ease the adoption of new accountable care models throughout the U.S.
The transaction is expected to close within 30 days, subject to customary closing conditions.
Lumeris and the three Blues—Highmark, Horizon Blue Cross Blue Shield of New Jersey and Independence Blue Cross—have signed an agreement to acquire NaviNet for an undisclosed price.
The partnership will build on NaviNet's network for transactions among healthcare providers and insurers by launching an initiative to deliver critical information and applications to drive value-based healthcare. Through the new partnership, NaviNet will leverage its communication network and Lumeris' accountable care delivery platform to ease the adoption of new accountable care models throughout the U.S.
The transaction is expected to close within 30 days, subject to customary closing conditions.