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Humana sells Gentiva stake for $900M to focus on CenterWell

By PulseAugur Editorial · [1 sources] ·

Humana is selling its minority stake in Gentiva, a leading end-of-life care provider, for $900 million. This divestiture is part of Humana's ongoing strategy to shed non-core assets and refocus on its CenterWell healthcare services business. The proceeds from the sale will be used for general corporate purposes, and the deal is anticipated to conclude in the third quarter, pending regulatory approval. AI

RANK_REASON A large divestiture by a major healthcare provider, indicating a strategic shift. [lever_c_demoted from significant: ic=1 ai=0.0]

Read on Forbes — Innovation →

AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Humana sells Gentiva stake for $900M to focus on CenterWell

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A large divestiture by a major healthcare provider, indicating a strategic shift. [lever_c_demoted from significant: ic=1 ai=0.0]
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COVERAGE [1]

  1. Forbes — Innovation TIER_1 English(EN) · Bruce Japsen, Senior Contributor ·

    Humana To Divest End-Of-Life Care Business For $900 Million

    Humana, one of the largest U.S. sellers of Medicare Advantage insurance for older adults, will divest its stake in a provider of end-of-life services for $900 million.

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