Humana Announces Intent To Acquire American Eldercare

Circle Connections: Mergers & Acquisitions Humana, Inc. announced that it has signed a definitive agreement to acquire American Eldercare Inc., the largest provider of nursing home diversion services in the state of Florida (serving frail and elderly individuals in home and community-based settings). As the only Provider Service Network selected to provide Medicaid long-term care services across the entire state of Florida, American Eldercare complements Humana's core capabilities and strength in serving seniors and disabled individuals with a unique focus on individualized and integrated care. This was reported by the Fort Mill Times on July 24, 2013 . . .