Signify Health is a healthcare services company.[1]
It provides technology to assist health plans and providers with in-home care.[2]
It was founded in 2017 from the merger of Advance Health and CenseoHealth by private equity firm New Mountain Capital.[3]
In July 2022, it announced that it was leaving the bundled health insurance payments business. It estimated that the decision would cost up to $35 million in severance and other employee costs.[4]
In August 2022, the company announced it was exploring a sale.[2] Amazon was one of the bidders.[5] In September 2022, CVS Health announced that it was acquiring Signify Health for $8 billion.[6]
External links
References
- Anna Wilde Mathews, Christopher Weaver, Tom McGinty and Mark Maremont. Exclusive | The One-Hour Nurse Visits That Let Insurers Collect $15 Billion From Medicare WSJ, August 5, 2024^
- Laura Cooper, Cara Lombardo. WSJ News Exclusive | Signify Health Considers Strategic Alternatives, Including a Sale August 2, 2022^
- Signify Health valued at $7.12 billion in market debut