Signify Health is a healthcare services company.
It provides technology to assist health plans and providers with in-home care.
It was founded in 2017 from the merger of Advance Health and CenseoHealth by private equity firm
New Mountain Capital
New Mountain Capital (New Mountain) is an American alternative investment firm headquartered in New York City. The firm focuses on growth investing in mid-sized companies from economically acyclical industries.
Outside the U.S., the firm has of ...
.
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.
In August 2022, the company announced it was exploring a sale.
Amazon was one of the bidders. In September 2022,
CVS Health
CVS Health Corporation is an American healthcare company that owns CVS Pharmacy, a retail pharmacy chain; CVS Caremark, a pharmacy benefits manager; and Aetna, a health insurance provider, among many other brands. The company is the worl ...
announced that it was acquiring Signify Health for $8 billion.
References
External links
*
American companies established in 2017
{{med-tech-company-stub