Health insurers have competed against each other to buy up home-care providers over the past several years. The most recent transaction involves UnitedHealth Group, which revealed a $3.26 billion bid to buy home care provider Amedisys at the end of May. UnitedHealth acquired LHC, another home care provider, in a 2022 deal worth $6 billion. CVS Health Corp. and Humana Inc. have also closed their own blockbuster home care transactions in recent years.
Monique Reese, Highmark Health’s senior vice president for home and community care, has a unique perspective on the flurry of transactions that promise to transform home care. Before coming to Highmark in 2018, she led Sutter Health’s home care division between 2015 and 2018, and she oversaw UnityPoint Health’s home care division between 2010 and 2015.