Humana Sees Potential Role for Kindred in New Walgreens Initiative

Insurance giant Humana (NYSE: HUM) is rolling out senior-focused primary care clinics in some Walgreens pharmacies and believes that its Kindred at Home division could bring added value. “Does [Walgreens’] combination of brand, geography, familiarity, comfort — does that create a step-change in customers’ willingness to engage with us, whether in the store or virtually?” Humana […]

Other Providers Can Now Tap Kindred’s ‘Lacuna Health’ Care Management Capabilities

A subsidiary of Kindred Healthcare is expanding to help home health providers, skilled nursing facilities and other post-acute care providers deliver on promises of patient-centered care. The subsidiary—Lacuna Health—publicly announced its name and mission on Thursday. Officially formed in January of this year, Lacuna Health is wholly-owned by Louisville, Kentucky-based Kindred Healthcare, standing as a separate […]

Health Care Execs Pick Amazon as Most Likely Industry Disruptor

Health care executives anticipate that Amazon (Nasdaq: AMZN) is much more likely to shake up the current status quo than other potential disruptors, such as Apple (Nasdaq: AAPL), Google (Nasdaq: GOOGL) and Walmart (NYSE: WAL). Reaction Data, a full-service research platform for health care organizations, recently surveyed about 100 top executives with hospitals and other […]

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 […]

Kindred Shareholders Approve Acquisition by Humana, PE Firms

Kindred Healthcare (NYSE: KND) shareholders approved the sale of the company’s home health and hospice business to insurance giant Humana (NYSE: HUM) and two private equity groups. The approval comes after some contention among shareholders. One investor with a 5.8% stake in Louisville-based Kindred, Brigade Capital, sued to block the merger. The suit was dismissed […]