Latest Moves Increase Humana’s Clout in Home Health, Hospice

Kindred was just the beginning. After a big week, it’s clear that insurance giant Humana (NYSE: HUM) is not content with owning a stake in the nation’s largest home health provider, but is quickly creating a care delivery platform with a wide range of home-based services. On April 23, Louisville-based Humana announced that it would […]

[UPDATED] Humana, Private Equity Firms to Acquire Hospice Provider Curo for $1.4 Billion

Insurance giant Humana (NYSE: HUM) and two private equity firms—TPG Capital and Welsh, Carson, Anderson & Stowe (WCAS)—have agreed to acquire privately held hospice operator Curo Health Services for about $1.4 billion. The consortium of acquiring companies is already in the midst of buying the nation’s largest home health provider and second-largest hospice provider, Kindred […]

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 […]

Shareholder Opposition Unlikely to Derail Kindred Deal

Since a major shareholder of Kindred Healthcare (NYSE: KND) announced its opposition to a $4.1 billion takeover deal by Humana (NYSE: HUM), the nation’s largest home health care provider has remained mum. Brigade Capital, a New York-based private equity firm which owns a 5.8% stake in Kindred, said it would vote against the transaction under its current […]