INDIANAPOLIS--(BUSINESS WIRE)--Anthem, Inc. (NYSE:ANTM) today announced the completion of its acquisition of Beacon Health Options (Beacon), the largest independently held behavioral health organization in the country serving more than 36 million people across all 50 states.
The acquisition offers Anthem the opportunity to combine its current behavioral health capabilities with Beacon’s successful model and support services in order to enhance whole person care.
Bringing Beacon into Anthem will help build a stronger portfolio of specialized products, additional clinical expertise and improved analytics and health data to drive improved health outcomes. Additionally, consumers will benefit from broader provider networks and access to timely, personalized behavioral health services in settings suited to their unique needs.
“We are pleased to complete the acquisition of Beacon Health Options and are excited to expand our critical behavioral health services to more people across the country as part of our focus on true whole person care,” said Gail K. Boudreaux, President and CEO, Anthem. “Consumers and health plan customers alike will benefit from our ability to scale and integrate physical and behavioral capabilities in new and meaningful ways to improve lives.”
Both organizations also share their commitment to improve lives and communities across the country and provide individuals and families with greater access to health services and resources. Through the support of Anthem’s philanthropic arm, the Anthem Foundation, more than $2.9 million is at work with leading non-profit partners to help expand access to behavioral health programs and services. Today, the Foundation will bring that to $3 million as it announces a $100,000 grant to Mental Health America (MHA), the nation’s leading community-based nonprofit dedicated to addressing the needs of those living with mental illness and to promote overall mental health of all Americans. The grant will be used to support MHA’s Screening to Supports (S2S) program, an online platform offering free, anonymous mental health screens to nearly 1 million people per year, with analysis of results and customized recommendations for next steps including information and resources, referrals to services, self-guided help, and connection to others like them.
Beacon Health Options will operate as a wholly-owned subsidiary of Anthem and its associates will join Anthem’s Diversified Business Group.
About Anthem, Inc.
Anthem is a leading health benefits company dedicated to improving lives and communities, and making healthcare simpler. Through its affiliated companies, Anthem serves more than 79 million people, including 41 million within its family of health plans. We aim to be the most innovative, valuable and inclusive partner. For more information, please visit www.antheminc.com or follow @AnthemInc on Twitter.
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