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On the Record · Humana

Humana acquisitions, on the record

The businesses Humana bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Kindred at Home
Word for word“On August 17, 2021, we fully acquired Kindred at Home, or KAH, the nation’s largest home health and hospice provider with locations in 40 states, providing extensive geographic coverage with approximately 65% overlap with our individual Medicare Advantage membership. ” 10-K for 2022
acquisitionOn August 17, 2021—
Kindred at Home Hospice (60% interest)
Word for word“On August 11, 2022, we completed the sale of a 60 % i nterest in Humana’s Kindred at Home Hospice subsidiary, or KAH Hospice, to Clayton, Dubilier & Rice, or CD&R, for cash proceeds of approximately $ 2.7 billion, net of cash disposed, including debt repayments from KAH Hospice to Humana of $ 1.9 billion.” 10-K for 2022
divestitureOn August 11, 2022approximately $ 2.7 billion
Gentiva (formerly Kindred) Hospice
Word for word“On August 11, 2022, we completed the sale of a 60 % i nterest in Gentiva (formerly Kindred) Hospice to Clayton, Dubilier & Rice, or CD&R, for cash proceeds of approximately $ 2.7 billion, net of cash disposed, including debt repayments from Gentiva Hospice to Humana of $ 1.9 billion.” 10-K for 2023
divestitureOn August 11, 2022approximately $ 2.7 billion
Kindred at Home (KAH)
Word for word“On August 17, 2021, we acquired the remaining 60 % interest in Kindred at Home, or KAH, from TPG Capital and Welsh, Carson, Anderson & Stowe, or WCAS, two private equity funds, for an enterprise value of $ 8.2 billion, which included our equity value of $ 2.4 billion associated with our 40 % minority ownership interest.” 10-K for 2023
acquisitionOn August 17, 2021an enterprise value of $ 8.2 billion
a primary care business
Word for word“On February 13, 2026, we completed the acquisition of a primary care business for consideration of approximately $ 941 million.” 10-K for 2025
acquisitionFebruary 13, 2026approximately $ 941 million
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Cash received from selling businessesGoodwill from acquisitions
2016-12-31$7 million$0$7 million
2017-12-31$31 million$0$9 million
2018-12-31$354 million—$616 million
2019-12-31$0—$31 million
2020-12-31$709 million—$519 million
2021-12-31$4.19 billion—$6.64 billion
2022-12-31$337 million—$381 million
2023-12-31$233 million—$408 million
2024-12-31$89 million—$81 million
2025-12-31$81 million—$72 million

Deal filings since 2016

Read from Humana’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023, 10-K for 2022) and the financial data it files with the SEC, as of 2026-02-19. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.