M&A Deal Summary |
|
|---|---|
| Date | 2008-06-30 |
| Target | Metcare Health Plans |
| Sector | Insurance |
| Buyer(s) | Humana |
| Sellers(s) | Metropolitan Health Networks |
| Deal Type | Divestiture |
| Deal Value | 14M USD |
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| Category | Company |
|---|---|
| Founded | 1961 |
| Sector | Healthcare Services |
| Employees | 67,100 |
| Revenue | 92.9B USD (2022) |
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 | 11 of 33 |
| Sector (Insurance) | 3 of 4 |
| Type (Divestiture) | 3 of 5 |
| State (Florida) | 3 of 7 |
| Country (United States) | 11 of 33 |
| Year (2008) | 2 of 3 |
| Size (of disclosed) | 14 of 14 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-03-20 |
OSF Healthcare System
Peoria, Illinois, United States OSF HealthCare, owned and operated by The Sisters of the Third Order of St. Francis, Peoria, Illinois, includes OSF Healthcare System consisting of ninehospitals and medical centers, one long-term care facility, and two colleges of nursing. Additionally, OSF Medical Group is a primary care physician network consisting of more than 600 primary care, specialist physicians, and advanced practice providers. |
Buy | $91M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-08-04 |
PHP Companies
Knoxville, Tennessee, United States Cariten is a health-benefits company serving commercial, Medicare and Medicaid members in multiple counties throughout the eastern half of Tennessee. |
Buy | $245M |
| Category | Company |
|---|---|
| Founded | 1996 |
| Sector | Healthcare Services |
Metropolitan Health Networks, Inc. is a primary care network of doctors, nurses and specialists for seniors insured through Medicare.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Insurance) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Florida) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2008) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-10-04 |
Continucare
Miami, Florida, United States Continucare Corp. is a group of physicians and healthcare professionals who believe "old-fashioned" customer service and state-of-the-practice medical care go hand-in-hand. |
Buy | - |
