Bright Health Inc. signed an agreement to acquire True Health New Mexico. True Health New Mexico is physician-led health plan and a wholly-owned subsidiary of Evolent Health Inc. Evolent is a health care company that delivers clinical and administrative solutions to payers and providers.
Once complete, current employees and leadership of True Health New Mexico will join the Bright HealthCare team and continue to lead local market operations, ensuring continuity for members, providers and distribution partners. The transaction is subject to customary closing conditions and is expected to close during the first half of 2021.