Elevance Health (NYSE: ELV) , an Indianapolis, IN-based healthcare company, acquired Paragon Healthcare, Inc., a Plano, TX-based company specializing in life-saving and life-giving infusible and injectable therapies.
The amount of the deal was not disclosed.
With the acquisition of Paragon Healthcare, Elevance Health will enhance its capabilities around providing access to specialty medications and services for its members living with chronic and complex illnesse.
Founded in 2002, Paragon Healthcare is a provider of infusion services to patients through its network of ambulatory infusion centers, home infusion pharmacies, and other specialty pharmacy services. The company provides care to patients with chronic and acute conditions. Paragon is based in Texas, and operates locations in the following states: Alabama, Colorado, Florida, Georgia, Missouri, Oklahoma, Tennessee and Texas.
Elevance Health supports consumers, families, and communities across the entire care journey – connecting them to the care, support, and resources they need to lead healthier lives. Its companies serve approximately 117 million people through a diverse portfolio of medical, digital, pharmacy, behavioral, clinical, and complex care solutions.
