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Humana buys rest of Kindred at Home

Insurer Humana moves deeper into home care with $5.7B deal
The insurer said it will buy the rest of Kindred at Home, which sends nurses, physical therapists and other care providers to homebound patients.
Author: TOM MURPHY AP Health Writer
Published: 9:05 PM EDT April 27, 2021
Updated: 9:05 PM EDT April 27, 2021
Humana is spending $5.7 billion to jump deeper into delivering care at home, a trend that took off during the pandemic and one the health insurer expects will continue to grow.
The insurer said Tuesday that it will buy the rest of Kindred at Home after initially acquiring a 40% stake in the care provider a few years ago. ....

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Humana Inc (HUM) Q1 2021 Earnings Call Transcript

Humana Inc (HUM) Q1 2021 Earnings Call Transcript
Motley Fool Transcribers
© The Motley Fool
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Humana Inc (NYSE: HUM)
Operator
Good day, and thank you for standing by. Welcome to the Humana First Quarter 2021 Earnings Call. [Operator Instructions]
With that, I would now like to hand the conference over to your speaker today, Amy Smith, Vice President of Investor Relations. Thank you, and please go ahead.SPONSORED:
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Humana to buy remainder of Kindred At Home, could take business public

BLOOMBERG
Humana will pay $5.7 billion to buy the remaining shares of Kindred at Home, bringing its total investment in the nation s largest home care and hospice provider to $8.1 billion.
While the proposed acquisition covers the totality of Kindred s business, Humana eventually plans to integrate just the home health side into its Home Solutions business line, with the aim that it will eventually provide care to those insured outside Humana, and be rebranded to CenterWell Home Health, taking on the name of Humana s recently-launched healthcare services company.
The rest of Kindred s hospice and community care services could eventually join to create a separate public company that Humana would have a minority stake in, and which would be led by current Kindred CEO David Causby. ....

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Humana Inc (HUM) Q1 2021 Earnings Call Transcript

Humana Inc (HUM) Q1 2021 Earnings Call Transcript
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Insurer Humana moves deeper into home care with $5.7B deal

ABC News
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Insurer Humana moves deeper into home care with $5.7B deal
Humana is spending $5.7 billion to jump deeper into delivering care at home, a trend that took off during the pandemic and one the health insurer expects will continue to grow
By TOM MURPHY AP Health Writer
April 27, 2021, 8:43 PM
• 3 min read
The Associated Press
FILE - In this June 8, 2015, file photo specialist Anthony Rinaldi works adjacent to the post that handles Humana, on the floor of the New York Stock Exchange. Humana is spending $5.7 billion to jump deeper into delivering care at home, a trend that took off during the pandemic and one the health insurer expects will continue to grow. The insurer said Tuesday, April 27, 2021, that it will buy the rest of Kindred at Home after initially acquiring a 40% stake in the care provider a few years ago. (AP Photo/Richard Drew, File) ....

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