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The ownership included 33 mostly independent primary care physicians as a small Southern California regional medical partnership. the company was rebranded as Carelon Health in 2024. Today, Carelon Health serves 125,000 patients across 9 states with annual revenues of $1.2B. [1]
Carelon Behavioral Health, formerly known as Beacon Health Options, is a behavioral health company based in Boston, Massachusetts. On Jun. 6, 2019, Anthem, Inc. (now Elevance Health) announced that it had entered into a definitive agreement to acquire Beacon Health Options. [1] The acquisition was completed on Mar. 2, 2020. [2]
On 17 March 2010, WellPoint announced it was reclassifying some of its administrative costs as medical care costs in order to meet loss ratio requirements under the Patient Protection and Affordable Care Act, which requires insurers to spend at least 80% or 85% of customer premiums on health care services, depending on the type of plan. [98]
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Carenet began in 1988 as a patient-management operation within the Christus Santa Rosa Health System in San Antonio, Texas.In 2004, an investor group purchased Carenet from Christus and transitioned the company into a nationwide business processing outsourcer offering medical contact center services that support member and patient programs for healthcare organizations including health plans ...
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This forced a three-way split, which took place on July 7, 1997. Most of Bexar County stayed in 210, while the San Antonio suburbs and the Hill Country were split off as area code 830. The southern portion, centered around the Rio Grande Valley, became area code 956. The 1997 split made San Antonio one of the few cities split between two area ...