To read The Wall Street Journal report, please hit this link.
To read a FierceHealthcare report on this, please hit this link.
Humana, the big health insurer, which may sell itself soon, reportedly seeks to buy much of Kindred Healthcare, America’s biggest home-health and hospice operator.
The Wall Street Journal says that the Louisville, Ky.-based insurer is talking with two private-equity firms to acquire Kindred Healthcare, which may have a total value of $4 billion.
As things look now, Humana would buy Kindred’s home- and hospice-care operation, while Welsh Carson Anderson & Stowe and TPG would take its facilities business — about 77 long-term care hospitals and 19 rehabilitation hospitals, The WSJ reported.
Of course, this is part of a big trend. Most notably and recently, CVS announced it plans to acquire Aetna and UnitedHealth’s Optum subsidiary has been buying up such clinical businesses as Surgical Care Affiliates and most recently, DaVita Medical Group.