Louisville-based health insurance giantHumana Inc. is exploring the sale of Concentra, its urgent care subsidiary,according to a Reuters report.
The story cites three people familiar with the matter and says the deal could be valued at about $1 billion.
Humana just purchased Concentra in 2010. Reuters said the effort to sell the unit indicates that Humana has faced challenges in trying to run health care centers itself in order to better manage medical costs.
Date: October 23, 2014