Humana Inc. (NYSE: HUM) announced Thursday that it has completed its divestiture of Kindred at Home’s hospice and personal care divisions. Clayton, Dubilier & Rice (CD&R) has acquired a majority interest in those assets, or 60%. Now that the deal is closed, the hospice and personal care assets will be restructured into a standalone company. […]
Kindred at Home
Humana Inc. (NYSE: HUM) has agreed to sell 60% of its hospice and personal care assets from Kindred at Home to the private equity firm Clayton Dubilier & Rice (CDR). The deal is expected to close in the third quarter of this year. And its surrounding details are of interest for multiple reasons. The first […]
A trip to the Home Care 100 conference in Phoenix, Arizona, this past week was refreshing. It was an escape from the frigid Chicago temperatures. It offered the opportunity to talk to many of the faces that make up the home-based care industry, in person, for the first time in a long time. But most […]
With all eyes focused on the home, it’s no exaggeration to say there were dozens of blockbuster in-home care acquisitions last year. But while all transactions directly impact the buyers and sellers, only a handful help shape the trajectory of an entire market. As I started to think about my own home health and home […]
Humana Inc. (NYSE: HUM) has made “substantial progress” toward scaling its value-based home health model, executives say. The advancements have come as the Louisville, Kentucky-based health and wellness company adds to its rapidly growing senior-focused primary care network. Bruce Broussard, Humana’s president and CEO, provided updates on both strategic priorities Wednesday. “Our year-to-date results reflect […]
Trive backs Choice Health at Home Trive Capital, a Dallas-based private equity firm, has formed a partnership with Choice Health at Home. Tyler, Texas-based Choice is a home health, hospice and rehabilitation services provider. The company operates in 40 total locations across Texas, Louisiana and Oklahoma, with over 800 licensed health care employees. The partnership […]
Humana Inc. (NYSE: HUM) is hoping to disrupt the traditional home health model by combining a nationally scaled payer with similarly large provider. Among the executives leading that charge is CFO Susan Diamond. Humana named Diamond as its permanent chief financial officer on June 28. Prior to that appointment, she dually served as interim CFO […]
If you dig into the home health market, you’ll find that a lot of providers look very much alike. Overall, the home health market is made up of several thousand different players, from smaller mom-and-pop shops led by mission-driven nurses to multi-million-dollar behemoths led by savvy health care veterans. Yet for the most part, many […]
McAnanly takes over at FirstLight FirstLight Home Care announced Wednesday that it has picked its new president. The appointment comes roughly seven months after FirstLight’s board of directors sought a change in leadership from former CEO Jeff Bevis, who founded the home care company with his son in 2009. Moving forward, the Cincinnati-based FirstLight will […]
The COVID-19 pandemic delayed the ambitious plans of most home health providers. Now nearly halfway into 2021, many are picking up right where they left off, with a few key players doubling down on innovation and betting big on the future of home-based care. There are plenty “home health providers to watch” as the rest […]
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