Humana announces a new primary care joint venture valued at about $2.8 billion with investment firm BlackRock. Under the deal, BlackRock will acquire a majority stake in nearly 150 CenterWell senior primary care clinics, and will manage and operate the clinic network.
Outlets report that the partnership covers Humana’s senior healthcare division, CenterWell, which serves older adults. Fierce Healthcare adds that the agreement involves changing the current operating partner, with Welsh, Carson, Anderson & Stowe cited as the prior partner. Forbes and Healthcare Dive describe the arrangement primarily in terms of BlackRock’s management role and the scale of the clinic footprint, rather than the details of the prior partnership. Overall, the reports align on the transaction size, the majority-stake structure, and the focus on management and operation of the senior clinic network.
