Home Health & Hospice Week

Industry Note:

Humana Completes Monster Hospice Merger

Humana Inc. and its private equity firm partners have completed their high-profile acquisitions of Kindred at Home and Curo Health Services.

“The Consortium intends to combine Curo with the hospice business of Kindred at Home to create the country’s largest hospice operator,” Humana, TPG Capital, and Welsh, Carson, Anderson & Stowe said in a joint release.

“Insurers are moving aggressively into the business of providing health benefits to seniors through Medicare Advantage (MA) plans, which insurers sell to seniors via contracts with the federal government,” observes Forbes.com. “Insurers see acquisitions of providers who treat Medicare patients as a way to lock in more customers and lock out providers affiliated with other health plans.”

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