Humana on Monday introduced it had signed a definitive settlement to buy One House Healthcare Options from non-public fairness affiliate Waypoint Capital Companions, based on a information launch.
Monetary phrases weren’t disclosed, and the sale is predicted to shut within the second quarter of 2021.
The acquisition of the home-based service supplier One House Healthcare, which does enterprise as onehome, will construct on Humana’s rising value-based house well being section, the corporate mentioned. The Louisville, Ky.-based insurer just lately introduced its plan to completely purchase and combine Kindred at House.
“At Humana, we’re implementing a method to construct a brand new value-based house well being mannequin that may enhance affected person outcomes, improve satisfaction for sufferers and suppliers and supply larger worth for well being plan companions. The acquisition of onehome is a key element of that technique,” Susan Diamond, Humana’s interim CFO and section president of Humana’s home based business, mentioned in an announcement. “By combining onehome’s value-based strategy with Kindred’s house well being companies and Humana’s analytical capabilities and medical experience, we consider we will create a transformational value-based providing to serve extra folks, together with non-Humana plan members, nationwide.”
Onehome already has served Humana prospects since 2015 and operates a value-based mannequin in Florida and Texas, Humana mentioned. Onehome at present gives post-acute companies like infusion care, nursing, occupational remedy, bodily remedy and sturdy medical gear at sufferers’ properties.
Ramon Falero, CEO and Co-Founding father of onehome, mentioned demand for the corporate’s house well being companies has grown in the course of the COVID-19 pandemic.
Humana’s plans to buy onehome observe quite a lot of different latest expansions into the house well being house. The Ohio State College Wexner Medical Middle plans to launch a house well being three way partnership with Alternate Options Well being Community by August. And, in Could, Visiting Nurse Affiliation signed an settlement to promote its house well being and hospice companies to Baton Rouge, La.-based Amedisys. Information of the acquisition got here lower than a month after Amedisys signed an settlement that gave it the suitable to supply house well being companies in and round Randolph County, N.C., and offered entry to 31,000 Medicare and Medicare Benefit enrollees.