Elevance Health completed the acquisition of Paragon Healthcare from Peak Rock Capital.

Elevance Health, a health insurance provider, completed the acquisition of Paragon Healthcare, a company specializing in life-saving and life-giving infusible and injectable therapies from Peak Rock Capital, a private equity firm. Financial terms were not disclosed. “The acquisition of Paragon Healthcare will deepen our capabilities around providing affordable, convenient access to specialty medications and best-in-class services for our members living with chronic and complex illnesses,” Pete Haytaian, Elevance Health Executive Vice President.