Walmart, Anthem to Serve Medicare Advantage Members Together

An insurance giant and retail superpower are teaming up in another move reflecting consumers’ desire to age in place. Anthem (NYSE: ANTM) and Walmart (NYSE: WMT) announced Monday that they’re forming a partnership to decrease health care costs and improve access to medication and supplies. If successful, the move could increase shopping convenience to home care providers and […]

Humana Highlights Home Health’s Value in Reducing Hospital Readmissions

Insurance giant Humana, Inc. (NYSE: HUM) is touting the value of its home health business—and its ability to prevent costly hospital readmissions and streamline transitions of care. Louisville, Kentucky-based Humana highlighted its home health line, Humana At Home, in its latest corporate social responsibility report, released on Wednesday. In 2017, Humana At Home served nearly […]

Eyeing MA Opportunity, Right at Home Strikes Partnership with Kindred at Home

There’s been healthy debate inside the home care industry as to how significant Medicare Advantage opportunities will really be come 2019. Despite the varying outlooks, home care providers by and large are making sure they’re best positioned to take advantage of whatever prospects do arise. The latest of those efforts is coming from Omaha, Nebraska-based […]

Amedisys Preps for Payment Shifts, Acquires Personal Care Agency

Home health giant Amedisys Inc. (Nasdaq: AMED) achieved strong financial results in the second quarter of 2018 and is bullish on a variety of industry trends and shifts, including major changes related to Medicare payments and ongoing consolidation across the post-acute care continuum. The company also announced that it has acquired Bring Care Home, which […]

Home Health Stays Hot with 21 M&A Deals in Q2

Home health merger and acquisition activity continued at a healthy clip in the second quarter of 2018, with 21 publicly announced deals. That’s up from 12 acquisitions in Q2 2017, according to newly released data from market intelligence firm Irving Levin & Associates. On a quarterly basis, deal volume dipped slightly; there were 23 publicly […]

Fazzi Associates Acquired by TPG-Owned Software Company Mediware

Software company Mediware has acquired Fazzi Associates, a firm that provides consulting and other services to the home care and hospice industry. Mediware is a portfolio company of TPG Capital, a private equity giant that also owns a stake in the nation’s largest home health and hospice provider. Northampton, Massachusetts-based Fazzi serves more than 1,400 […]

M&A and Finance News: Humana Completes Curo Purchase

Humana, PE Firms Finalize Curo Purchase Humana Inc. (NYSE: HUM) and private equity firms TPG Capital and Welsh, Carson, Anderson & Stowe have competed their previously announced $1.4 billion acquisition of Curo Health Services. Louisville-based based Humana and the two PE firms plan on combining Mooresville, North Carolina-based Curo with the hospice business of Kindred […]

Humana, Private Equity Firms Complete Kindred Acquisition

Insurance giant Humana (NYSE: HUM) and two private equity firms have completed their planned acquisition of Kindred Healthcare, which has ceased trading on the New York Stock Exchange as a result. In December 2017, Humana and two PE firms—TPG Capital and Welsh, Carson, Anderson & Stowe—announced they were acquiring Kindred for $9 in cash per […]

NY Times: Humana Wants to ‘Own the Home’

Insurance giant Humana (NYSE: HUM) is about to become the nation’s largest hospice provider. Specifically, Humana is acquiring a stake in the home health and hospice business of Kindred Healthcare (NYSE: KND) as part of a joint venture with two private equity firms. In addition to Kindred, Humana is buying hospice provider Curo for $1.4 billion, […]

Walgreens Teams Up With Humana in Senior Care Clinics

Insurance company Humana (NYSE: HUM) is partnering up with pharmacy retail business Walgreens Boots Alliance in a new pilot deal to operate senior-focused primary care clinics. The deal will establish the clinics inside two Walgreens stores in Kansas City, Missouri, operated by Partners in Primary Care, a wholly-owned subsidiary of Humana. The venture could also […]