LOUISVILLE, Ky. (AP) — Health insurer Humana Inc. said Monday that it completed the purchase of SeniorBridge, a company that provides chronic care and is best known for offering in-home care for the elderly.
Humana agreed to buy Senior Bridge in November and has not disclosed terms of the deal. SeniorBridge is based in New York and it has about 1,500 care managers. Humana said SeniorBridge had about $72 million in revenue in 2011, and the deal won't have a significant effect on Humana's 2012 results.
Humana shares fell 62 cents to 475.86 in morning trading.
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