Humana Approved as Direct Contracting Entity, Plans to Partner with Hospices

The U.S. Centers for Medicare & Medicaid Services (CMS) has approved Humana Inc. (NYSE: HUM) to become a direct contracting entity (DCE). The company has branded the DCE as Humana Direct Contracting Entity, Inc., which operates as Humana Care Solutions. The new DCE plans to partner with hospice and palliative care providers to improve quality […]

Humana Obtains Full Ownership of Kindred at Home in $8.1 Billion Deal

Insurance giant Humana Inc. (NYSE: HUM) has penned a definitive agreement to acquire the remaining 60% stake in Kindred at Home for $8.1 billion. Humana, which currently holds 40% ownership of the business, is purchasing the additional stake from the private equity firms TPG Capital and Welsh, Carson, Anderson & Stowe.  The $8.1 billion price […]

Humana the Most Prominent Payer in the Medicare Advantage Hospice Carve-In

Among the nine insurance companies that will participate in the Medicare Advantage carve-in during the program’s first year in 2021, Humana, Inc. (NYSE: HUM) operates the most plans that will offer hospice.  The carve-in, formally known as the hospice component of the value-based insurance design (VBID) model, is designed to assess payer and provider performance […]

TPG Capital, Leonard Green & Partners to Share Ownership of WellSky

Health technology company WellSky and its parent company, the private equity firm TPG Capital, have signed a definitive agreement to bring on Leonard Green & Partners as a capital partner. Financial terms of the transaction were not disclosed, but TPG Capital will make a new equity investment in WellSky.  Leonard Green is a Los Angeles-based […]