Global InformationCarelon Behavioral Health information
 | This article needs additional citations for verification. (August 2013) |
| Company type | Subsidiary |
|---|---|
| Industry | Behavioral Health Services |
| Headquarters | Boston, Massachusetts |
Area served | United States |
Key people | Glenn MacFarlane(Chief Executive Officer) |
| Parent | Elevance Health |
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] Prior to the acquisition, Beacon Health was the largest privately held company of its kind in the United States. The company is the product of a 2014 merger between Beacon Health Strategies, LLC and ValueOptions, Inc.[3] The company rebranded as Carelon Behavioral Health in 2023.[4]
The company currently employs 4,700 people nationwide, serving over 40 million people.
- ^ "Anthem, Inc. to Acquire Beacon Health Options". www.antheminc.com. Archived from the original on 2019-08-25. Retrieved 2021-09-16.
- ^ "Anthem, Inc. Completes Acquisition of Beacon Health Options". www.beaconhealthoptions.com. Retrieved 2021-09-16.
- ^ Lascara, Virginia (12 December 2014). "ValueOptions to merge with Boston firm". pilotonline.com/inside-business. Retrieved 2021-09-16.
- ^ Lovett, Laura (2023-03-02). "Elevance Health's Beacon Health Options Rebrands to Carelon Behavioral Health, to Consolidate Payer's Portfolio of Services". Behavioral Health Business. Retrieved 2023-10-14.