Signify Health

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. ^ a b 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.


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