Humana will spend up to $550 million to acquire the first set of clinics it built with a private equity firm, Chief Financial Officer Susan Diamond said during a meeting with investors, Modern Healthcare reports. Beginning in 2025, the health insurance company will use a mix of debt and cash to purchase 20 CenterWell Senior Primary Care clinics erected through a joint venture with Welsh, Carson, Anderson & Stowe, Diamond said. The investment represents the first of many Humana will make to grow its primary care services for older adults, she said. Read more.
Humana to Spend $550M on Private Equity Clinics
