Home Health Care News February 11, 2020
Earlier this month, Humana Inc. (NYSE: HUM) and Welsh, Carson, Anderson & Stowe (WCAS) teamed up on a new joint venture aimed at expanding access to value-based primary care for Medicare patients.
Under the JV agreement, Humana and WCAS will commit upwards of $600 million to build 50 new Partners in Primary Care (PiPC) centers over the next three years. Currently, PiPC operates 47 care centers in Kansas, Missouri, North Carolina, South Carolina, Texas and Florida.
Broadly, Humana’s value-based primary care efforts fit into its organizational-wide mission of providing care where and when its members want to receive it. Other examples of that mission include the moves to acquire stakes in Kindred at Home and Curo Health Services in 2018.
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