Published in Hospital and Nursing Home Week, August 21st, 2008
This comment follows the announcement that Humana has entered into a definitive agreement to acquire PHP Companies, Inc. (d/b/a Cariten Healthcare), a privately held for profit health benefits company based in Knoxville, TN. Humana plans to acquire Cariten Healthcare for approximately $245 million in cash. The transaction is expected to close in fourth quarter 2008.
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