Humana agrees to purchase bankrupt Florida provider The Villages Health for $50m

Humana agrees to purchase bankrupt Florida provider The Villages Health for $50m 
Healthcare Dive; by Rebecca Pifer; 7/8/25 
The insurer’s bid is preliminary and kicks off an auction for the debt-laden provider, which decided to undergo bankruptcy after discovering it owed Medicare hundreds of millions of dollars.

• Humana has agreed to acquire a debt-laden Central Florida healthcare provider for $50 million as the insurer continues to build out its medical network nationwide.
• Humana’s health services subsidiary, CenterWell, has agreed to acquire The Villages Health as part of the provider’s strategic restructuring, which includes a Chapter 11 bankruptcy filing, according to a release. TVH said it decided to pursue bankruptcy after discovering significant Medicare billing errors which put it on the hook for hundreds of millions of dollars in overpayments and penalties to the U.S. government.
• The provider’s sale to CenterWell is still subject to court approval. CenterWell could also be outbid by other parties in the bankruptcy auction process for TVH’s 10 medical centers.