Fierce Healthcare February 18, 2020
Tina Reed

PHILADELPHIA—Humana’s recently announced joint venture to launch senior-centric primary care clinics was far from easy or cheap, CEO Bruce Broussard said while speaking at a healthcare conference.

Discussing a range of topics, the chief of the Louisville, Kentucky-based insurance giant was asked about the company’s recent $600 million deal with New York-based private equity firm Welsh, Carson, Anderson & Stowe. The clinics will be payer agnostic and operated by Humana’s primary care subsidiary, Partners in Primary Care.

“For the private equity individuals in the audience, it was an expensive, complicated deal,” Broussard said at the 26th Annual Wharton Health Care Business Conference.

He was addressing a question about the acquisition as well as Humana’s deal to acquire home health care...

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