Signify Health

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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]

References

  1. Maremont, Anna Wilde Mathews, Christopher Weaver, Tom McGinty and Mark (August 5, 2024). "Exclusive | The One-Hour Nurse Visits That Let Insurers Collect $15 Billion From Medicare". WSJ.{{cite web}}: CS1 maint: multiple names: authors list (link)
  2. 1 2 Cooper, Laura; Lombardo, Cara (August 2, 2022). "WSJ News Exclusive | Signify Health Considers Strategic Alternatives, Including a Sale" via www.wsj.com.
  3. "Signify Health valued at $7.12 billion in market debut". Reuters . February 11, 2011. Retrieved May 6, 2025.
  4. "Signify Health's restructuring will cost up to $35 million in employee payouts". Dallas News. 2022-07-11. Retrieved 2025-05-06.
  5. Cooper, Laura (August 21, 2022). "WSJ News Exclusive | Amazon Among Bidders for Signify Health" via www.wsj.com.
  6. Hirsch, Lauren (September 5, 2022). "CVS Makes $8 Billion Bet on the Return of the House Call" via NYTimes.com.