We represented Evolent Health in its definitive agreement to acquire health plan management services organization from New Mexico Health Connections for $10,250,000. Upon closing, Evolent will establish a new entity, True Health New Mexico Inc., a wholly owned subsidiary of Evolent Health. Going forward as an independent nonprofit organization, NMHC will focus on individual health plan members.
Evolent Health, Inc (NYSE: EVH) partners with leading health systems to drive value-based care transformation. By providing clinical, analytical and financial capabilities, Evolent helps physicians and health systems achieve superior quality and cost results.