White & Case advises Elevance Health on strategic partnership with Clayton, Dubilier & Rice to advance primary care delivery

Global law firm White & Case LLP has advised leading healthcare provider Elevance Health, Inc. (NYSE: ELV) on its agreement to enter into a strategic partnership with Clayton, Dubilier & Rice (CD&R) to accelerate innovation in primary care delivery, enhance the healthcare experience and improve health outcomes.

This effort, which will operate across multiple regions of the United States, will bring together certain care delivery and enablement assets of Elevance Health's Carelon Health and CD&R portfolio companies, apree health and Millennium Physician Group.

The foundation of the new advanced primary care offering will be stronger patient-provider relationships supported by data-driven insights, care coordination and referral management and integrated health coaching. It will also leverage realigned incentives through value-based care agreements that enable care providers, assist individuals in leading healthier lives and make care more affordable.

Elevance Health is a lifetime, trusted health partner serving more than 115 million consumers through a diverse portfolio of industry-leading medical, digital, pharmacy, behavioral, clinical and complex care solutions. The company supports consumers, families and communities across the entire care journey – connecting them to the care, support and resources they need to lead healthier lives.

The White & Case team was led by M&A partners Michael Deyong and Daniel Dufner, and included associates Joseph Rosati and Ty Akkoyun; Employment, Compensation & Benefits partner Henrik Patel and associate Peter Shelburne; Tax partner Steven Gee; and Technology Transactions counsel Ketan Pastakia (all in New York).

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