Humana Inc. (NYSE: HUM) believes it can deliver home health services better than traditional providers do today. More than any other reason, that’s fundamentally why it’s accelerating its in-home care strategy by acquiring 100% of home health giant Kindred at Home for a “bargain” purchase price of $5.7 billion — the company’s largest acquisition ever. […]
When Humana Inc. (NYSE: HUM) teamed up with private equity giants TPG Capital and Welsh, Carson, Anderson & Stowe (WCAS) to acquire Kindred Healthcare in July 2018, it was only a matter of time before the Louisville, Kentucky-based health insurer went off on its own. That time has finally arrived. As part of that $4.1 […]
Kindred at Home remained at the top of the home health care mountain in 2020, checking in as the largest provider in the country, according to the latest annual ranking from LexisNexis Risk Solutions. Kindred specifically captured nearly 6% of the national market share last year. Kindred at Home is part of Humana Inc. (NYSE: […]
Partners in Primary Care (PiPC), a subsidiary of Humana Inc. (NYSE: HUM) and a senior-focused primary care provider, announced Tuesday that it plans to accelerate expansion in 2021. Specifically, it plans to open 20 more primary care centers, five more than it did last year. Those centers will be located in Texas, Louisiana, Nevada and […]
Humana’s (NYSE: HUM) long-standing home- and community-based focus served the insurer well in Q2 2020 — a quarter dominated by the COVID-19 emergency. The coronavirus pushed more senior care into the home, boosting business for Louisville, Kentucky-based health insurance giant. As a result, the insurer doubled down on home-based care initiatives in Q2 2020 and […]
As home health leaders look to the future, the lessons learned from the COVID-19 emergency will likely continue to shape their efforts for years to come. In terms of business planning, it will likely be a long while before there’s a return to a world where the coronavirus isn’t the central driver of health care […]
AccentCare announces new chief financial officer Ryan Solomon is joining AccentCare Inc. as its new chief financial officer. Dallas-based AccentCare is a post-acute care organization that has more than 170 locations nationwide. Its service lines include skilled home health and personal care services, along with hospice care, private-duty nursing and care management. In his new […]
Regulatory changes and renewed interest from private equity firms has had a major impact on the home health market over the past few years. That impact is easily observed just by looking at the list of largest home health providers in 2019. In order, Kindred at Home, Amedisys Inc. (Nasdaq: AMED) and LHC Group Inc. […]
Health insurance giant Humana Inc. (NYSE: HUM) has not been shy about its strategy of moving further and further into the home. Right now, the company is busy with its many in-home endeavors, which include Humana At Home, Curo Health Services and Kindred at Home, the largest provider of home health and hospice services in […]
Walmart Inc. (NYSE: WMT) — which reportedly came somewhat close to becoming a home health provider in its own right last year — is diving deeper into the health care sector. Last week, the retail giant confirmed plans to open up a new health clinic, dubbed Walmart Health, in Georgia. CNBC first reported the news […]
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