M&A Deal Summary

Humana Acquires American Eldercare

On July 24, 2013, Humana acquired healthcare services company American Eldercare

Acquisition Highlights
  • This is Humana’s 18th transaction in the Healthcare Services sector.
  • This is Humana’s 23rd transaction in the United States.
  • This is Humana’s 6th transaction in Florida.

M&A Deal Summary
Date 2013-07-24
Target American Eldercare
Sector Healthcare Services
Buyer(s) Humana
Deal Type Add-on Acquisition
Advisor(s) Legacy Capital Advisors LLC (Financial)

Target

American Eldercare

Delray Beach, Florida, United States
American Eldercare, Inc. is a provider of nursing home diversion services, pursuant to a Medicaid waiver program, in the state of Florida.

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Buyer(S) 1

Buyer

Humana

Louisville, Kentucky, United States
Category Company
Founded 1961
Sector Healthcare Services
Employees67,600
Revenue 106.4B USD (2023)
DESCRIPTION

Humana is a managed healthcare 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 23 of 33
Sector (Healthcare Services) 18 of 27
Type (Add-on Acquisition) 19 of 25
State (Florida) 6 of 7
Country (United States) 23 of 33
Year (2013) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-26 MCCI Holdings

Miami, Florida, United States

MCCI is a Florida-based Physician Managed Group with 27 company-owned clinics and 300 affiliated physician practices. The Company owns one of the largest networks of physicians and specialists in the Florida and Texas markets with 200 primary care physicians and over 200 specialists. MCCI serves approximately 90,000 members primarily under Medicare Advantage in Florida and Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-27 Healthrageous

Boston, Maryland, United States

Healthrageous, Inc. is an Accountable Health company that supports individual journeys to prevent and self-manage chronic health conditions via the web and a mobile app. I

Buy -
Mergr

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