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. Anna Wilde Mathews, Christopher Weaver, Tom McGinty and Mark Maremont. Exclusive | The One-Hour Nurse Visits That Let Insurers Collect $15 Billion From Medicare WSJ, August 5, 2024^
  2. Laura Cooper, Cara Lombardo. WSJ News Exclusive | Signify Health Considers Strategic Alternatives, Including a Sale August 2, 2022^
  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. Laura Cooper. WSJ News Exclusive | Amazon Among Bidders for Signify Health August 21, 2022^
  6. Lauren Hirsch. CVS Makes $8 Billion Bet on the Return of the House Call September 5, 2022^