Elevance Health completed the acquisition of BioPlus from Nautic Partners-backed CarepathRx.

Elevance Health, a health insurer, completed the acquisition of BioPlus, a comprehensive specialty pharmacy, from Nautic Partners-backed CarepathRx, a provider of enterprise management systems intended for the healthcare industry. Financial terms were not disclosed. “Specialty pharmacy is a critical driver of value for patients, and we are excited to welcome BioPlus, the largest independent specialty pharmacy, to our Elevance Health family. Together, we will enhance our abilities to provide end-to-end pharmacy services for our consumers by delivering greater affordability and access to critical medications, as well as a superior patient experience,” Pete Haytaian, Elevance Health Executive Vice President.