On Monday, VillageMD officially confirmed its plan to acquire Summit Health-CityMD. On Wednesday, Walgreens Boots Alliance Inc. (Nasdaq: WBA) — one of VillageMD’s chief inventors — opened up about how the deal fits into its overall strategy. VillageMD – which has an at-home division, Village Medical at Home – is a primary care provider that […]
Category: Home-based primary care
Just a week after reports that VillageMD had its eye on Summit Health-CityMD, the former announced that it has entered a definitive agreement to acquire the latter. With investments from Walgreens Boots Alliance Inc. (Nasdaq: WBA) and Evernorth – Cigna Corporation’s (NYSE:CI) health services organization – the deal is valued at $8.9 billion. “You think […]
Home-focused primary care provider — and key Walgreens Boots Alliance (Nasdaq: WBA) investment target — VillageMD is said to be eyeing a potential merger with Summit Health. The merger would value the combined companies at an estimated $5 billion to $10 billion, according to a Bloomberg News report. Chicago-based VillageMD, through its subsidiary Village Medical, […]
Cigna’s (NYSE: CI) Medicare Advantage (MA) members in certain markets will now have access to home-based primary care through Heal. The provider recently announced that it has formed a partnership with Cigna, and is now part of the organization’s network in Georgia, Illinois, North Carolina and South Carolina. “Cigna aims to improve all aspects of […]
CVS Health (NYSE: CVS) has named Dr. Amar Desai the president of its newly formed Health Care Delivery organization. Desai’s appointment is effective Oct. 17. In recent years, the company has been in the spotlight due to a number of strategic moves that have signaled a deeper investment in health care services, including home-based care. […]
Organizations far and wide are leveraging their internal innovation and home-based care to reduce readmissions and other avoidable hospitalizations. Three of those organizations — all unique in their own way — were on hand at Home Health Care News’ FUTURE event to discuss what makes their companies innovative and what disruptions they are making in […]
For Humana Inc. (NYSE: HUM), the wheels are already in motion for the expansion of its senior-focused, value-based primary care clinics. As part of Humana’s joint venture with private equity firm Welsh, Carson, Anderson & Stowe (WCAS), the company expects to pay between $450 and $550 million to acquire the first group of the JV’s […]
Four years after the initial acquisition of Kindred at Home, Humana Inc. (NYSE: HUM) has finally completed its rebranding efforts. Kindred at Home is officially CenterWell Home Health. Moving forward, CenterWell Home Health is now the official name for more than 350 locations of the home health division serving 38 states. CenterWell Home Health will […]
Whether it’s home health, personal or in-home primary care, many home-based care advocacy groups and trade associations have been able to establish their organizations as champions of a particular lane. It’s upon this foundation that the Washington, D.C.-based Moving Health Home has been able to lay the groundwork for its goal of mobilizing policymakers to […]
The at-home medical supplies provider CCS is expanding its business to better care for patients with chronic needs in the home. Specifically, it is looking to transform the way diabetes patients are cared for in the home. To do so, CCS is expanding its patient education, monitoring and coaching services to “unify the patient experience.” […]
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