Insurer Humana moves deeper into home care with $5.7B deal

Humana is spending $5.7 billion to jump deeper into delivering care at home, a trend that took off during the pandemic and one the health insurer expects will continue to grow

Humana is spending $5.7 billion to jump deeper into delivering care at home, a trend that took off during the pandemic and one the health insurer expects will continue to grow. The insurer said Tuesday that it will buy the rest of Kindred at Home after initially acquiring a 40% stake in the care provider a few years ago. Kindred at Home sends nurses, physical therapists and other care providers to patients who are deemed homebound by doctors. The company serves more than half a million patients annually. Humana specializes in Medicare Advantage, the privately run version of the government’s Medicare program for people aged 65 and older and for the disabled. The insurer has seen a jump in care delivered at home since COVID-19 set in last year as patients — especially those with several health problems — tried to avoid the virus.