Humana To Acquire Remaining 60% Interest In Kindred At Home
Humana Inc. signed a definitive agreement to acquire the remaining 60% interest in Kindred at Home (KAH), a large home health and hospice provider organization for $8.1 billion from TPG Capital and Welsh, Carson, Anderson & Stowe (WCAS). The acquisition is expected to close in the third quarter of 2021. Kindred at Home’s home health business will be integrated into Humana’s Home Solutions business and will transition to Humana’s payer-agnostic health care services brand – CenterWell – as CenterWell Home Health. Humana intends to divest its majority stake in KAH’s hospice and community care operations.
KAH . . .