Court Approves CenterWell's Winning Bid to Acquire Assets of The Villages Health ("TVH")
Humana's (NYSE:HUM) CenterWell division has received court approval to acquire The Villages Health (TVH) assets following TVH's Chapter 11 bankruptcy filing in July 2025. The transaction, expected to close in Q4 2025, will integrate TVH's eight primary care centers and two specialty care centers serving over 55,000 patients in Florida into CenterWell's operations.
As the nation's largest senior-focused, value-based primary care provider, CenterWell will maintain TVH's payor-agnostic structure, ensuring patients retain access to their current health insurance providers. The acquisition builds upon TVH's 13-year legacy of serving Medicare and Medicare Advantage beneficiaries in North Central Florida.
CenterWell, divisione di Humana (NYSE:HUM), ha ottenuto l'approvazione del tribunale per acquisire gli asset di The Villages Health (TVH) in seguito alla procedura di fallimento Chapter 11 avviata da TVH nel luglio 2025. L'operazione, prevista per il quarto trimestre del 2025, integrerà nelle attività di CenterWell otto centri di cure primarie e due centri di cure specialistiche che assistono oltre 55.000 pazienti in Florida.
In qualità di principale fornitore nazionale di cure primarie focalizzate sugli anziani e basate sul valore, CenterWell manterrà la struttura payor-agnostic di TVH, garantendo ai pazienti la possibilità di continuare a usare i loro attuali piani sanitari. L'acquisizione rafforza i 13 anni di servizio di TVH rivolti ai beneficiari Medicare e Medicare Advantage nel Nord della Florida centrale.
La división CenterWell de Humana (NYSE:HUM) ha recibido la aprobación judicial para adquirir los activos de The Villages Health (TVH) tras la presentación de TVH del Capítulo 11 en julio de 2025. La transacción, que se espera cerrar en el cuarto trimestre de 2025, integrará en las operaciones de CenterWell ocho centros de atención primaria y dos centros de atención especializada que atienden a más de 55.000 pacientes en Florida.
Como el mayor proveedor nacional de atención primaria centrada en seniors y basada en el valor, CenterWell mantendrá la estructura payor-agnostic de TVH, asegurando que los pacientes sigan teniendo acceso a sus aseguradoras actuales. La adquisición se apoya en los 13 años de trayectoria de TVH atendiendo a beneficiarios de Medicare y Medicare Advantage en el centro norte de Florida.
Humana(NYSE:HUM)의 CenterWell 부문은 2025년 7월 TVH가 챕터 11 파산 신청을 한 후 The Villages Health (TVH) 자산을 인수하는 데 법원 승인을 받았습니다. 이번 거래는 2025년 4분기에 마무리될 예정이며, 플로리다에서 55,000명 이상의 환자를 돌보는 8개의 1차 진료 센터와 2개의 전문 진료 센터를 CenterWell 운영에 통합하게 됩니다.
국내 최대의 시니어 중심 가치 기반 1차 진료 제공업체로서 CenterWell은 TVH의 지불자 비편향(payor-agnostic) 구조를 유지해 환자들이 기존 건강보험을 계속 이용할 수 있도록 보장할 예정입니다. 이번 인수는 노스 센트럴 플로리다에서 Medicare 및 Medicare Advantage 수혜자를 13년간 서비스해온 TVH의 역사를 기반으로 합니다.
La division CenterWell de Humana (NYSE:HUM) a obtenu l'approbation du tribunal pour acquérir les actifs de The Villages Health (TVH) suite au dépôt de bilan Chapter 11 par TVH en juillet 2025. La transaction, qui devrait être finalisée au quatrième trimestre 2025, intégrera dans les activités de CenterWell huit centres de soins primaires et deux centres de spécialités desservant plus de 55 000 patients en Floride.
En tant que principal fournisseur national de soins primaires axés sur les seniors et basés sur la valeur, CenterWell conservera la structure payor-agnostic de TVH, garantissant aux patients l'accès à leurs assureurs actuels. Cette acquisition s'appuie sur les 13 années d'activité de TVH au service des bénéficiaires Medicare et Medicare Advantage du centre-nord de la Floride.
Die CenterWell-Sparte von Humana (NYSE:HUM) hat die gerichtliche Genehmigung erhalten, die Vermögenswerte von The Villages Health (TVH) zu übernehmen, nachdem TVH im Juli 2025 ein Chapter-11-Insolvenzverfahren eingeleitet hatte. Die Transaktion, die voraussichtlich im vierten Quartal 2025 abgeschlossen wird, wird acht Primärversorgungszentren und zwei Fachzentren, die mehr als 55.000 Patienten in Florida betreuen, in die CenterWell-Aktivitäten integrieren.
Als landesweit größter altersorientierter, wertbasierter Anbieter von Primärversorgung wird CenterWell die payor-agnostic Struktur von TVH beibehalten und sicherstellen, dass Patienten weiterhin Zugang zu ihren bisherigen Krankenversicherern haben. Die Übernahme baut auf der 13-jährigen Erfolgsgeschichte von TVH in der Versorgung von Medicare- und Medicare-Advantage-Leistungsberechtigten in Nord-Zentral-Florida auf.
- Acquisition of 10 healthcare centers serving 55,000 patients, expanding CenterWell's market presence
- Maintains payor-agnostic structure, ensuring continuity of care for existing patients
- Strategic expansion in the growing Florida retirement community healthcare market
- Integration of established healthcare system with 13-year operational history
- Acquisition of distressed assets through bankruptcy proceedings may present integration challenges
- Transaction subject to customary closing conditions, introducing execution risk
Insights
Court approval of Humana's CenterWell acquiring TVH's assets from bankruptcy strengthens their senior care market position in Florida.
The bankruptcy court's approval of CenterWell's bid to acquire The Villages Health represents a strategic expansion of Humana's healthcare services footprint in the lucrative Florida senior market. TVH's eight primary care and two specialty centers serving over 55,000 patients in The Villages retirement community will be integrated into CenterWell, Humana's payor-agnostic senior care division.
This acquisition follows TVH's Chapter 11 bankruptcy filing in July 2025, where CenterWell initially entered as the "stalking horse" bidder, setting the minimum bid threshold for the auction process. The transaction is structured as an asset purchase, allowing Humana to acquire the operational infrastructure while potentially avoiding certain liabilities of the bankrupt entity.
For Humana, this deal aligns perfectly with their vertical integration strategy in senior healthcare. The Villages is one of America's largest retirement communities, providing a concentrated population of Medicare and Medicare Advantage beneficiaries - Humana's core customer base. By maintaining TVH's payor-agnostic approach, Humana can continue serving patients regardless of their insurance provider, potentially creating future conversion opportunities.
The transaction demonstrates Humana's continued commitment to expanding its CenterWell division, which focuses on value-based care models that align provider incentives with patient outcomes rather than service volume. For a healthcare system facing bankruptcy, the acquisition provides continuity of care for a vulnerable senior population while preserving healthcare jobs in the community.
"We are excited to move into the final stage of the sale process with CenterWell, a healthcare provider whose patient model aligns so closely to ours," said Bob Trinh, Chief Executive Officer of The Villages Health. "We expect a seamless transition for our patients and employees."
Upon closing of the transaction, the assets of TVH, including its eight primary care centers and two specialty care centers serving over 55,000 patients in
"We are pleased that the Court has approved CenterWell's bid for the assets of The Villages Health. We look forward to successfully completing the transaction and working together to help TVH patients achieve their best health through our personalized and integrated approach to care," said Sanjay Shetty, M.D., President of CenterWell.
"CenterWell's patient-centered approach ensures that our community will continue to be provided with the best healthcare offerings possible," said Dr. Elliot Sussman, Chairman of the Board and physician founder of The Villages Health. "We here at TVH have no doubt that, under CenterWell, our community will continue to receive the world-class and holistic healthcare they have come to enjoy since TVH's inception."
"We are extremely grateful for the patience and understanding of our employees and patient population as we underwent these standard yet lengthy proceedings over the summer," Trinh added. "We know the waiting period has been challenging for those affected by the initial announcement."
As part of TVH's voluntary Chapter 11 reorganization filing in July, CenterWell entered into a "stalking horse" Asset Purchase Agreement with TVH. The agreement provided for CenterWell to acquire TVH's assets after the conclusion of the competitive auction. On September 9, the Court approved CenterWell's submission of the winning bid. The Court's decision provides the necessary approval for TVH and CenterWell to proceed with the transaction sale process.
TVH is known for providing patient-focused healthcare to residents of North Central Florida,
For media inquiries, please contact maria.stagliano@bluehighwayadvisory.com
For community questions about this announcement, please direct them to Questions@TheVillagesHealth.com.
About The Villages Health ("TVH")
The Villages Health ("TVH") is a premier healthcare provider in North Central Florida that operates primary and specialty care centers, helping its patients live healthy lives through a team-based approach to patient care. In addition to primary care, TVH's healthcare providers provide specialty care services in the fields of audiology, behavioral and mental health, cardiology, dietetics, endocrinology, gastroenterology, gynecology, international pain, neurology, podiatry, rheumatology, and urology. For more information, please visit thevillageshealth.com.
About CenterWell
CenterWell is a leading health care services business focused on creating integrated and differentiated experiences that put our patients at the center of everything we do. The result is high quality healthcare that is accessible, comprehensive, and, most of all, personalized. As the largest provider of senior-focused primary care, a leading provider of home healthcare, and a leading integrated home delivery, specialty, hospice, and retail pharmacy, CenterWell is focused on whole health and addressing the physical, emotional and social wellness of our patients. CenterWell is part of Humana Inc. (NYSE: HUM). Learn more about what we offer at CenterWell.com.
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SOURCE The Villages Health
FAQ
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