M&A Deal Summary

Humana Acquires Heal

On July 29, 2020, Humana acquired healthcare services company Heal

Acquisition Highlights
  • This is Humana’s 25th transaction in the Healthcare Services sector.
  • This is Humana’s 30th transaction in the United States.
  • This is Humana’s 5th transaction in California.

M&A Deal Summary
Date 2020-07-29
Target Heal
Sector Healthcare Services
Buyer(s) Humana
Deal Type Add-on Acquisition

Target

Heal

Pacific Palisades, California, United States
Heal offers technology innovation to re-humanize the practice of medicine in a way throughout Atlanta, Georgia California, New York, Northern Virginia, and D.C. Heal was founded in 2015 and is based in Pacific Palisades, California.

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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 30 of 33
Sector (Healthcare Services) 25 of 27
Type (Add-on Acquisition) 23 of 25
State (California) 5 of 5
Country (United States) 30 of 33
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-16 Enclara Healthcare

Philadelphia, Pennsylvania, United States

Enclara Healthcare is a major solutions provider focused on simplifying care delivery in chronic and complex care patient populations to improve patient experience, quality, and cost. Enclara Healthcare collaborates with healthcare organizations to drive value-based care through expertise, process, and technology.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-14 onehome

Miramar, Florida, United States

onehome provides meeting the needs of health plans by serving its members through a single-source solution. It manages patients’ complex and chronic needs from infusion care to nursing and durable medical equipment services at the home, promoting quality of life, improving health for patients, and reducing costs for the health plans. onehome was founded in 1998 and is based in Miramar, Florida.

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