Humana in talks to buy Kindred Healthcare with equity firms: source

Industry:    2017-12-19

U.S. health insurer Humana Inc (HUM.N) is in advanced talks to acquire acute care provider Kindred Healthcare Inc (KND.N) in partnership with private equity firms Welsh, Carson, Anderson & Stowe and TPG, a source familiar with the matter said on Sunday.

A deal would provide the latest example of the growing convergence between consumer health and insurance, following CVS Health Corp’s (CVS.N) agreement earlier this month to acquire Aetna Inc (AET.N) for $69 billion.

Humana has been investing significantly in its home health capabilities, Humana At Home, which the insurer touts as a compliment to its Medicare Advantage franchise. If the negotiations are successful, a deal could come as early as this week, the source said, asking not to be identified because the matter is confidential.

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