Anthem, Inc. (NYSE: ANTM) has acquired Integra Managed Care, a managed long-term care plan in New York, to help adults with long term care needs and disabilities live safe and independently in their own home.

Integra currently serves 40,000 Medicaid members who benefit from Integra’s care team of registered nurses, social workers, and coordinators. Integra’s care team work with members, families and health care providers to ensure long term care. Going forward, Integra will join Anthem’s government business division.

“This acquisition aligns with our goal of growing Anthem’s Medicaid business, while serving our members with a comprehensive and coordinated approach to care,” said Felicia Norwood, executive vice president of Anthem’s government business division. “Like Anthem, Integra has established connections with community groups to gain a deeper understanding of how to best support the whole-health needs of the people we are privileged to serve.”

Anthem’s legal advisors are White & Case, Hinman Straub, and Lewis Rice. Ruskin Moscou Faltischek, Greenberg Taurig, and ESOP Law Group are acting as legal advisors for Integra. Stifel acted as the exclusive financial advisor to Integra in this transaction.