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Humana enters joint venture with BlackRock to operate approximately 150 senior primary care clinics

Healthcare Dive ·

BLK Blackrock Inc
$1066.12 -1.64%
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  1. 1Humana has entered into a new joint venture with BlackRock to operate approximately 150 senior primary care clinics.
  2. 2BlackRock will purchase a $2.8 billion stake in the clinics held by Welsh, Carson, Anderson & Stowe.
  3. 3CenterWell will maintain a minority stake and continue managing the clinics.

So what's the key point?

Humana and BlackRock have decided to jointly operate clinics for seniors. BlackRock will purchase related stakes while Humana continues to manage the clinics.

Source Healthcare Dive · View original ↗

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