This Slide: #39 of 57 |
Slide #39. Humana Inc. — Metropolitan Health Networks, Inc.
Acquirer:
Humana Inc. (HUM)
Acquiree:
Metropolitan Health Networks, Inc. (MDF)
Details:
Humana Inc. announced that it has completed its previously announced acquisition of Metropolitan Health Networks, Inc. (NYSE:MDF) in a transaction valued at approximately $850 million plus transaction costs. Headquartered in Boca Raton, Florida, Metropolitan is a Medical Services Organization that provides and coordinates medical care for approximately 87,500 Medicare Advantage, Medicaid, and other beneficiaries, primarily in Florida utilizing a primary care-centric business model. Metropolitan's integrated care delivery systems include approximately 35 state-of-the-art primary care medical centers and a robust network of affiliated physicians serving mainly Humana members.
Humana is a holding company. Through its subsidiaries, Co. is a health and well-being company. Co.'s medical and specialty insurance products allow members to access health care services primarily through its networks of health care providers with whom it has contracted. Co. manages its business with three reportable segments: Retail, which is comprised of products sold on a retail basis to individuals including medical and supplemental benefit plans; Group and Specialty, which consists of employer group commercial fully-insured medical and specialty health insurance benefits; and Healthcare Services, which includes pharmacy, provider, and home services.
Humana SEC Filing Email Alerts Service
Open the HUM Page at The Online Investor »
Humana is a holding company. Through its subsidiaries, Co. is a health and well-being company. Co.'s medical and specialty insurance products allow members to access health care services primarily through its networks of health care providers with whom it has contracted. Co. manages its business with three reportable segments: Retail, which is comprised of products sold on a retail basis to individuals including medical and supplemental benefit plans; Group and Specialty, which consists of employer group commercial fully-insured medical and specialty health insurance benefits; and Healthcare Services, which includes pharmacy, provider, and home services.
Humana SEC Filing Email Alerts Service
Open the MDF Page at The Online Investor »
|
|
Free Email Alerts: Get SEC Filing Alerts Get Dividend Alerts |