The Most Game-Changing Home-Based Care Blockbusters Of The Last Decade

Thanks to impactful, large-scale transactions over the last decade, the collective face of home-based care has changed forever. Traditional providers in both home health care and personal home care have merged. Payers became involved in the home-based care space like never before. Of late, retailers have too. But it’s often easy to forget how the […]

Humana, WCAS Throw $1.2 Billion into CenterWell Senior Primary Care Expansion

Humana Inc. (NYSE: HUM) and Welsh, Carson, Anderson & Stowe (WCAS) are pumping $1.2 billion into a joint venture to further expand senior-focused, value-based primary care clinics. Specifically, Humana’s CenterWell Senior Primary Care arm will be the partner in the expanded WCAS relationship. The success and expansion of senior-focused value-based primary care could potentially lead […]

WCAS Commits $300M to New Value-Based Care Platform ‘Valtruis’

One of the most active private equity firms in the senior care space is launching a new portfolio company dedicated to value-based care. Welsh, Carson, Anderson & Stowe (WCAS) announced the formation of Valtruis on Tuesday, along with an initial capital commitment of $300 million. Spearheaded by a founding leadership team that includes managing partners […]

‘We’re a Strong Alternative to Nursing Homes’: PACE Giant InnovAge Executes $350M IPO

InnovAge (Nasdaq: INNV), a Program of All-Inclusive Care for Elderly (PACE) provider, officially went public Thursday. Denver-based InnovAge offers one of the largest PACE programs in the U.S. The company has about 1,900 employees and serves 6,600 seniors in Colorado, New Mexico, California, Pennsylvania and Virginia. In addition to its PACE offerings, InnovAge owns two […]

Apax Partners Reportedly Acquiring Stake in WCAS’s InnovAge

The largest Program of All-Inclusive Care for the Elderly (PACE) provider in the United States is reportedly getting another major investor. On Friday, reports surfaced that London-based private equity firm Apax Partners plans to buy a stake in InnovAge from fellow PE giant Welsh, Carson, Anderson & Stowe (WCAS). Apax Partners’ deal for a piece […]

WCAS General Partner: There’s a ‘Significant Unmet Need’ for Value-Based, Senior-Focused Primary Care

Earlier this month, Humana Inc. (NYSE: HUM) and Welsh, Carson, Anderson & Stowe (WCAS) teamed up on a new joint venture aimed at expanding access to value-based primary care for Medicare patients. Under the JV agreement, Humana and WCAS will commit upwards of $600 million to build 50 new Partners in Primary Care (PiPC) centers […]

Following ‘Herculean’ Integration Efforts, Humana Sees Balanced Growth for Kindred at Home

In 2019, Humana Inc. (NYSE: HUM) recorded its highest individual Medicare Advantage (MA) growth rate in a decade. The Louisville, Kentucky-based home- and community-focused health insurer anticipates more of the same in 2020, with leadership also bullish on Humana’s existing in-home care operations and its soon-to-expand primary care centers. And when it comes to home […]

West Health Leveraging PACE Model to Disrupt Senior Care

When it comes to health care delivered in the home, many see hospital-at-home models as the next big, innovative concept to hit a boom period. But investors and other stakeholders interested in home- and community-based care shouldn’t sleep on PACE programs, either. That includes in-home care providers. PACE — or Programs of All-Inclusive Care for […]