Humana acquires health provider Kindred Healthcare for $4bn
US Health insurance company Humana has now purchased healthcare provider Kindred Healthcare for $4bn, according to reports, with private equity firms Anderson & Stowe, Welsh, Carson and TPG also involved in the deal.
The acquisition follows on from the recent $69bn deal for CVS Health to purchase Aetna, which has paved the way for consumer healthcare companies and insurance providers to come together and become a complete, healthcare based one-stop shop for consumers.
The news will come as a surprise to many, as Humana recently was in talks to partner with Aetna, prior to the CVS Health merger. In order to cement their position in the market, it has therefore been imperative for Humana and Kindred Healthcare to look at ways in which to remain competitive in what is becoming an increasingly volatile market space.
- Curisium receives $3.5mn to advance its healthcare blockchain platform
- Carillion sells a chunk of its healthcare division for £47mn
- Aetna International discusses the effects of escalating healthcare costs worldwide
Although it has become one of the US largest nursing providers, Kindred has also been accumulating significant debts following on from its acquisition of Gentiva Health Services for just under $2bn.
However, the acquisition will see private investors take control of Kindred’s hospital and rehabilitation facilities, focus on the delivery of exceptional patient care whilst looking for increased opportunities to further Humana’s current population health capabilities and drive down costs.
“Interwoven with our provider strategy, we continue to be very focused on the home, as home is often a superior clinical environment to deliver care and reduce high-cost hospital admissions,” Humana CEO Bruce Broussard stated to Forbes.
“In its current state, care in the home is often disconnected from primary care physicians, challenged with issues on timeliness of care, lacking in robust data exchange, as well as based on a Fee-for-Service-driven business model,” which is soon set to change with this acquisition.
Slovenia launches EU COVID pass built on Better Platform
Slovenia has launched its EU Digital COVID Certificate, also known as the Digital Green Certificate, which was developed in only three weeks and built on top of a national clinical data repository (CDR) powered by the Better Platform.
The service generates a certificate based on the data available in Slovenia’s national CDR. The COVID certificate uses integrated care record data such as demographic data, vaccination and test result data that is already available. The data is made available through previously established services by the national COVID-19 screening data management solution and the national eVaccination registry – so there is no need for additional data to be generated solely for certificate purposes.
This rapid development of EU Digital Covid Certificate was made possible by an open-platform approach. It has also been created so that it can used by different systems, providing a vendor-neutral exchange of documents, and is available on-demand in digital or PDF form, with QR codes.
The COVID-19 pandemic pushed national health systems to quickly develop new digital solutions for including to manage epidemiological data, and organise COVID-19 tests and vaccinations. The EU Digital COVID Certificate is the latest example of a solution that was developed at this new fast pace to allow citizens to travel safely this summer.
The Slovenian healthcare system already had a national eHealth infrastructure, enabling data to be shared via an integrated care record that makes data available for any digital service instantly, at scale and volume.
Currently, Slovenia's healthcare system includes:
* more than 150 million health records for 2.1 million unique individuals (98% of the population)
* more than 86% (135 million) of records in the form of structured data that uses openEHR models
* more than 4 million records of COVID-19 test results
* unstructured data that includes discharge summaries, clinical notes, opt-in statements, consent documents and other clinical data
* data which is sent to the national system by more than 1,250 registered healthcare providers in Slovenia
Initially, the digital health platform enabled the Slovenian Ministry of Health to respond rapidly and deploy a COVID-19 screening data management solution on a county-wide level in just 14 days. With vaccination data available through the national eVaccination registry, there was no need for additional data to be generated solely to create the COVID certificate.
“We are happy that we already had the suitable IT infrastructure in place in Slovenia" said Minister of Health Janez Poklukar. "It allowed us to respond quickly and provide the necessary digital solutions that support the efforts of medical and epidemiological teams to manage the pandemic, as well as to allow our citizens to travel freely.”