Hospice News July 28, 2021
Jim Parker

Humana Inc. (NYSE: HUM) expects its acquisition of a 100% interest in Kindred at Home will boost its financial outlook for 2021 and 2022. The company expects that soon-to-be implemented value-based models will be a primary driver of value for that newly acquired segment.

Humana in April announced plans to acquire the remaining 60% stake in Kindred at Home for $8.1 billion. This includes Humana’s existing equity value of $2.4 billion from its existing 40% ownership of the business. Humana acquired the 40% stake in 2018, with private equity firms Welsh, Carson, Anderson & Stowe and TPG Capital holding the remaining 60%.

“We obviously don’t have a home health business to integrate into [Kindred]. We are certainly looking at opportunities...

Today's Sponsors

Transcarent
SalesSparx
Canton & Company

Today's Sponsors

Oscar
Curation Health

Today's Sponsor

TripleTree

 
Topics: Home, Insurance, Patient / Consumer, Payer, Payment Models, Post-Acute Care, Provider, Value Based
Adrian Cheng Moves Deeper Into Healthcare Industry With Artisan Merger Of Prenetics At $1.2 Bln Valuation
Northwell Health inks deal with Walgreens to provide telehealth, primary care in N.Y. retail stores
Care Hospice Acquires Hospice of Chattanooga, Alleo Health System
symplr to Acquire Halo Health
Hillrom VP of connected care talks Baxter's $10.5B buy, digital health