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Cigna Takes Humana Merger Off The Table, CenterWell Home Health To Stay Put
Home Health Care News November 11, 2024
The Cigna Group (NYSE: CI) said on Monday that it is officially not pursuing a combination with Humana Inc. (NYSE: HUM).
That means that CenterWell Home Health, one of the largest home health entities in the country, will not be changing hands. Together, Cigna and Humana would have become one of the largest health care companies in the country, with a behemoth insurance arm and an array of health care service capabilities under one umbrella.
“The Cigna Group expects to communicate that the company is not pursuing a combination with Humana Inc,” the company wrote in a press release Monday. “The Cigna Group remains committed to its established M&A criteria and would only consider acquisitions that are strategically aligned, financially...
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