Evolent Health to Acquire Assets from New Mexico Health Connections

Client Type: Public Company

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.

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.