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On the Record · NeueHealth

NeueHealth acquisitions, on the record

The businesses NeueHealth bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Universal Care, Inc. (d.b.a. Brand New Day) ("BND")
Word for word“Effective April 30, 2020, we acquired Universal Care, Inc. (d.b.a. Brand New Day) (“BND”), which is focused on serving primarily MA special needs consumers.” 10-K for 2022
acquisitionEffective April 30, 2020—
Premier Medical Associates of Florida, LLC ("PMA")
Word for word“Effective December 31, 2020, we acquired a 62% controlling interest in Premier Medical Associates of Florida, LLC (“PMA”).” 10-K for 2022
acquisitionEffective December 31, 2020—
TrueHealth New Mexico ("THNM")
Word for word“Effective March 31, 2021, we acquired THNM, which offers policies available through the commercial market for individual on- and off-exchange and employer-sponsored health coverage.” 10-K for 2022
acquisitionEffective March 31, 2021—
Zipnosis, Inc. ("Zipnosis")
Word for word“Effective March 31, 2021, we acquired Zipnosis, Inc. (“Zipnosis”), which is a telehealth platform that offers virtual care to health systems around the U.S.” 10-K for 2022
acquisitionEffective March 31, 2021—
Central Health Plan of California, Inc. ("CHP")
Word for word“Effective April 1, 2021, we acquired Central Health Plan of California, Inc. (“CHP”), an insurance provider of MA health maintenance organization (“HMO”) services.” 10-K for 2022
acquisitionEffective April 1, 2021—
Centrum
Word for word“Effective July 1, 2021, we acquired Centrum, a value-based primary care focused, multi-specialty medical group, serving Commercial, Medicare, and Medicaid consumers across multiple payors.” 10-K for 2022
acquisitionEffective July 1, 2021—
California Medicare Advantage business (Brand New Day and Central Health Plan) sold to Molina
Word for word“We closed on the sale of our California Medicare Advantage business effective as of January 1, 2024, resulting in net proceeds of $31.6 million after debt repayment of $274.6 million, cash collateralization of existing letters of credit of $24.1 million, contingent consideration of $110.0 million, estimated net equity adjustment of $57.3 million and other transaction related fees.” 10-K for 2023
divestitureJanuary 1, 2024net proceeds of $31.6 million
Bright HealthCare business (California Medicare Advantage business)
Word for word“To estimate the fair value of the Bright HealthCare reporting unit we reduced the $500.0 million purchase price by $175.8 million, the amount subject to contingencies and TNE adjustments that create uncertainties in what will be the final adjusted purchase prices as well as the transaction costs incurred to complete the sale.” 10-K for 2023
divestiture—$500.0 million purchase price
Business divestiture (not named in the filing)
Word for word“Business divestiture ( 682 ) — Business acquisitions, net of cash acquired — ( 310 ) Net cash provided by (used in) investing activities 1,119,630 ( 429,723 ) Cash flows from financing activities:” 10-K for 2023
divestiture——
California Medicare Advantage business (Brand New Day and Central Health Plan)
Word for word“On January 1, 2024, we closed the sale of our California Medicare Advantage business, which consisted of Brand New Day and Central Health Plan, to Molina.” 10-K for 2024
divestitureOn January 1, 2024—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)
2019-12-31$31.9 million
2020-12-31$230.3 million
2021-12-31$431.8 million
2022-12-31$310,000
2023-12-31$0

Deal filings since 2016

Read from NeueHealth’s annual reports (10-K for 2024, 10-K for 2023, 10-K for 2022) and the financial data it files with the SEC, as of 2025-03-21. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.