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- One of the people said ChenMed is interested in selling its stake in JenCare so it can focus on its fully owned businesses, Chen and Dedicated. As a private company, ChenMed does not disclose its financials, but that person said ChenMed is eyeing a valuation of about $4 billion for JenCare, or three times JenCare's revenue.
www.businessinsider.com/clinic-company-chenmed-is-exploring-selling-its-stake-in-humana-joint-venture-2022-8Clinic Company ChenMed Is Exploring Selling Its Stake in ...
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Feb 8, 2023 · Press Releases. Humana and ChenMed Announce Five-Year Network Agreement. New contract further cements long-standing relationship providing Humana Medicare Advantage members with high-quality, in-network senior-focused primary care at ChenMed’s Chen, Dedicated and JenCare Senior Medical Centers.
Aug 12, 2022 · ChenMed is mulling a potential sale of its stake in JenCare, two people with direct knowledge said. JenCare, which is a joint venture with Humana, operates in five states and serves...
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- Henry Blodget
Sep 12, 2023 · ChenMed’s own joint venture with Humana JenCare was rumored (emphasis on RUMOR) to be valued at an alleged $4B, or 3x revenue when it was weighing a sale in mid 2022. For fun, let’s assume that this deal goes through and Walmart acquires ChenMed for $x billions.
Jul 3, 2024 · 1:24. The chief executive of ChenMed LLC has exited after less than six months and former CEO Chris Chen, the son of the firm’s founder, is stepping back into the role for the Medicare-focused...
Feb 9, 2023 · On the heels of CVS' blockbuster deal to buy Oak Street Health, ChenMed announced a five-year network agreement with Humana to provide the insurer's Medicare Advantage members with in-network...
Jul 24, 2023 · Although ChenMed doesn’t disclose its financials, the company has struggled amid reimbursement pressures and regulatory changes — it reportedly explored a potential sale of JenCare last...
Sep 11, 2023 · ChenMed is private and doesn’t disclose its financials, but the company has struggled amid reimbursement pressures and regulatory changes, reportedly exploring a sale of its senior medical...