Keyword: Kindred Healthcare
The second quarter of 2018 was another robust one for healthcare deal-making, according to a new report from PwC.
The deal represents a significant move by the insurance giant into postacute care.
Silver Lake Medical Center has agreed to settle patient dumping allegations for $550,000, plus more healthcare headlines.
Humana finalized its $4.1 billion purchase of Kindred Healthcare with two private equity firms.
Humana saw strong financial numbers in the first quarter thanks to a rise in Medicare Advantage plan membership.
The acquisition would take place through a joint venture with Welltower, a healthcare real estate and investment trust.
Humana says it plans to merge Curo Health Services with Kindred's hospice arm once both deals are finalized.
Kindred Healthcare received the go-ahead from shareholders to proceed with a takeover by Humana and two private equity firms.
Kindred shareholders are scheduled to begin voting on a deal with Humana on Thursday after a Delaware court denied an injunction request.
Humana plans to fend off its competition by focusing on what it does best: serving seniors with complex medical needs.