Humana Announces It Will Acquire Kindred At Home At An EV Of $8.1B


Health Insurance giant Humana has announced it will acquire the remaining 60% of Kindred at Home, the nation’s largest home health and hospice provider. The acquisition puts Kindred’s current enterprise value at $8.1 billion.


Humana plans to fully integrate Kindred’s home health business into Humana’s Home Solutions business, however it also intends to divest a majority stake in the company’s hospice and community care operations.


In a statement, Bruce D. Broussard, Humana’s President and Chief Executive Officer, said, “fully integrating Kindred at Home will enable us to more closely align incentives to focus on improving patient outcomes and on reducing the total cost of care.”


Goldman Sachs served as the financial advisor to Humana on the deal while Barclays and Guggenheim Securities advised Kindred at home on the transaction.