The country’s largest home health provider recorded a slight jump in home health revenue ahead of its planned $4.1 billion sale to Humana Inc. (NYSE: HUM), TPG Capital, and Welsh, Carson, Anderson & Stowe (WCAS). Specifically, fourth-quarter 2017 revenues in the Kindred at Home (KaH) division of Kindred Healthcare (NYSE: KND) rose 3% year-over-year to […]
The new parent company of Kindred at Home (NYSE: KND) isn’t moving toward growing the new business with urgency, executives said during an earnings call reviewing fourth quarter 2017 results. Humana Inc. (NYSE: HUM) announced in December it would be acquiring 40% of the Kindred at Home business, with two private equity groups acquiring the other 60%. […]
In the wake of the announced $4.1 billion acquisition of Kindred Healthcare (NYSE: KND) by Humana Inc. (NYSE: HUM) and two private equity groups, a direct line has been drawn between managed care and home health care. Humana, in consortium with private equity groups TPG Capital and Welsh, Carson, Anderson & Stowe, announced it was […]
Late last year, Kindred Healthcare (NYSE: KND) announced its intention to completely exit the skilled nursing sector and place its bets on the home health and hospice business. Now, the Louisville, Kentucky-based post-acute care services provider is reportedly receiving takeover interest. The one-time skilled nursing giant is in “late-stage” discussions with several potential buyers for […]
From the pause of the federal overtime rule to putting an end to overtime for home care workers in Illinois, overtime has been a hot topic in the last year. Insurance provider Humana Inc. (NYSE: HUM) is now feeling the sting as a lawsuit asking for class certification could potentially impact thousands of home health aides employed by […]
Grandparents.com, Inc. (OCTBB: GPCM) announced that it will utilize its insurance division to market to its growing membership-base. On September 9, 2012—Grandparent’s Day—the company launched its newly designed website, increasing its membership from approximately 350,000 members to nearly 2 million by year-end. In December of 2012, the company entered into a marketing agreement with Humana […]
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