Humana Acquires Kindred at Home

CD&R Acquires Majority Stake in Humana's Kindred at Home Hospice and Personal Care Divisions (Gentiva)

April 21, 2022

Healthcare Services

Clayton, Dubilier & Rice (CD&R) agreed to acquire a 60% interest in the Hospice and Personal Care divisions of Humana’s Kindred at Home, receiving approximately $2.8 billion in cash and valuing the divisions at about $3.4 billion. The carved‑out businesses were restructured into a standalone company rebranded as Gentiva, with Humana retaining a 40% minority stake and David Causby continuing as CEO; the deal closed in 2022 and remains subject to customary approvals noted at signing.

Humana Acquires onehome

June 14, 2021

Healthcare Services

Humana Inc. has signed a definitive agreement to acquire onehome (One Homecare Solutions) from WayPoint Capital Partners, accelerating Humana's development of a value-based home health offering and complementing its Kindred at Home integration. onehome, headquartered in Miramar, Florida, provides home-based services including home health, infusion, and DME and has experience with risk-based contracting in Florida and Texas; financial terms were not disclosed.

LifePoint Health Acquires Kindred Healthcare

June 21, 2021

Healthcare Services

LifePoint Health agreed to acquire Kindred Healthcare in June 2021 and completed the transaction in December 2021, combining LifePoint's community hospital network with Kindred's long-term acute care, rehabilitation and behavioral health capabilities. The deal created a new national system, ScionHealth, and LifePoint committed to invest roughly $1.5 billion over three years to expand services, technology and community-based care.

Gentiva Acquires ProMedica's Home Health, Palliative and Hospice Business

November 1, 2023

Healthcare Services

Gentiva completed its acquisition of ProMedica’s home health, palliative, and hospice business after receiving required regulatory approvals. The deal brings more than 4,000 ProMedica associates into Gentiva, expanding Gentiva’s hospice, palliative and home-health footprint and rebranding many locations under Gentiva/Heartland brands.

Select Rehabilitation Acquires RehabCare from Kindred Healthcare

December 1, 2020

Healthcare Services

Select Rehabilitation has agreed to acquire the RehabCare business line from Kindred Healthcare. The deal (terms undisclosed) creates a pro forma company with approximately 17,000 therapists serving more than 2,300 post-acute and home-health locations across 43 states, expanding Select's scale, leadership team and service capabilities.

Merit-Backed Reliant at Home Acquires Bridgeway Health Services

January 12, 2021

Healthcare Services

Reliant at Home, Inc., a Merit Capital portfolio company, completed the add-on acquisition of Bridgeway Health Services to expand its home health and hospice footprint in the Fort Worth area. Merit provided subordinated debt and equity support for the transaction, with Broadgate Capital noted as a prior partner in Reliant's ownership structure.