Humana Inc. (NYSE: HUM) will continue to grow its home health segment. The company’s leaders made that – and other plans – clear during its investor meeting Thursday. “Our focus on sustained growth and operational efficiency has driven strong year-over-year performance and a positive long-term outlook,” Andy Agwunobi, president of Humana’s home solutions business, said during […]
Humana
LHC Group acquires Three Rivers Home Health LHC Group Inc. (Nasdaq: LHCG) has expanded its reach in Georgia by purchasing the Eastman, Georgia-based Three Rivers Home Health. Following the purchase of Three Rivers’ nine locations, LHC Group’s footprint spans 36 Georgia counties. The acquisition is expected to create a $12 million revenue boost for the […]
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. […]
When industry insiders think about Humana Inc. (NYSE: HUM) and its home health plans, they immediately go to Kindred at Home, the large provider that’s rebranding to “CenterWell Home Health.” Yet onehome, a home-focused post-acute care organization that operates under a full-risk model, is just as important to the Louisville, Kentucky-based health insurer’s in-home care […]
Humana’s home health strategy remains firmly on track, with the latest development being the rebranding of Kindred at Home to CenterWell Home Health in several additional markets. A little over a year ago, Humana Inc. (NYSE: HUM) unveiled the “CenterWell” brand for the Louisville, Kentucky-based company’s range of payer-agnostic health care offerings, which includes senior-focused […]
Humana Inc. (NYSE: HUM) and Welsh, Carson, Anderson & Stowe (WCAS) are pumping $1.2 billion into a joint venture to further expand senior-focused, value-based primary care clinics. Specifically, Humana’s CenterWell Senior Primary Care arm will be the partner in the expanded WCAS relationship. The success and expansion of senior-focused value-based primary care could potentially lead […]
Home health agencies have had to navigate several changes since 2020, from the payment mechanics of the Patient-Driven Groupings Model (PDGM) to the new policies of the public health emergency (PHE). Yet there’s another change on the distant horizon that forward-thinking operators can’t afford to forget about: a unified payment system for post-acute care providers, […]
Humana Inc. (Nasdaq: HUM) has been one of the key home health players to watch over the past few years, an idea best illustrated by its full takeover of Kindred at Home last year. The Louisville, Kentucky-based health care company expects to be less active on the home health M&A front moving forward, however. After […]
A trip to the Home Care 100 conference in Phoenix, Arizona, this past week was refreshing. It was an escape from the frigid Chicago temperatures. It offered the opportunity to talk to many of the faces that make up the home-based care industry, in person, for the first time in a long time. But most […]
Earlier this week, Axios reported that Humana Inc. (NYSE: HUM) is gearing up for a sale of Kindred at Home’s hospice business and seeking a multiple of 12 times EBITDA. Two days later, Encompass Health Corporation (NYSE: EHC) reaffirmed its plan to spin off its home health and hospice segment into a new publicly traded […]
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