M&A Deal Summary

Humana Acquires CHA HMO

On January 26, 2006, Humana acquired healthcare services company CHA HMO

Acquisition Highlights
  • This is Humana’s 7th transaction in the Healthcare Services sector.
  • This is Humana’s 7th transaction in the United States.
  • This is Humana’s 1st transaction in Kentucky.

M&A Deal Summary

Date 2006-01-26
Target CHA HMO
Sector Healthcare Services
Buyer(s) Humana
Deal Type Add-on Acquisition

Target

CHA HMO

Lexington, Kentucky, United States
CHA Health is a Kentucky-based health plan with approximately 96,000 members serving employers in the commonwealth. With headquarters in Lexington and a Louisville branch, CHA Health was founded in 1991 by Kentucky medical providers committed to providing outstanding medical care, affordable and flexible health plans and improved access to health care and personal service.

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Buyer(S) 1

Buyer

Humana

Louisville, Kentucky, United States

website


Category Company
Founded 1961
Sector Healthcare Services
Employees67,100
Revenue 92.9B USD (2022)
DESCRIPTION

Humana is a managed health care company that markets and administers health insurance. Humana operates through three segments. These include Retail, Employer Group, and Healthcare Services. The Retail segment consists of Medicare and commercial fully-insured medical and specialty health insurance benefits, including dental, vision, and other supplemental health and financial protection products, marketed directly to individuals. The Employer Group segment consists of Medicare and commercial fully-insured medical and specialty health insurance benefits, including dental, vision, and other supplemental health and voluntary benefit products. The Healthcare Services segment includes services offered to health plan members as well as to third parties, including pharmacy, provider services, home based services, integrated behavioral health services, and predictive modeling and informatics services. Humana was formed in 1961 and is based in Louisville, Kentucky.


DEAL STATS #
Overall 7 of 33
Sector (Healthcare Services) 7 of 27
Type (Add-on Acquisition) 6 of 25
State (Kentucky) 1 of 2
Country (United States) 7 of 33
Year (2006) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-12-22 Corphealth

Irving, Texas, United States

LifeSynch committed to changing health behaviors to improve lives. For more than 20 years, our commitment to well-being has resulted in positive outcomes for employers, health plans and insurers.

Buy $54M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-06-19 Compbenefits

Roswell, Georgia, United States

CompBenefits Corporation provides dental and vision care benefit plans in the United States.

Buy $360M