Home Health Care News August 11, 2022
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.
The deal was first announced in April.
“Humana will continue to support the long-term success of these operations through our minority ownership and ongoing strategic partnership,” Humana CFO Susan Diamond said in a press release. “Hospice and palliative services play an important role in the full continuum of care, and we are confident that this new standalone company will continue to provide patients and their...
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