Elevance Health and Clayton, Dubilier & Rice to form a joint venture.

Elevance Health, an health insurance company, and Clayton, Dubilier & Rice, a private equity firm, agreed to form a joint venture. “CD&R’s collaboration with Elevance Health is an important step in our ongoing investment focus to accelerate innovation in care delivery across the country. We are excited to enter into this strategic partnership with Elevance Health and for what this effort can accomplish, drawing out the strengths of each of the three companies to improve the patient and physician experience for the communities they serve,” Clay Richards, Operating Partner CD&R.