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Conviva Acquires Network of 12 Health Centers, 49 Affiliate Practices in Florida, USA
Wednesday 03 March 2021

US-based senior-focused primary health care provider Conviva, servingFlorida and Texas, has acquired a South Florida primary care physician network that will add 12 wholly owned health care centers to its existing network, the company said.

Conviva, a wholly owned subsidiary of Humana Inc. (NYSE: HUM), is acquiring substantially all of the assets of Health Promoters Ltd. Liability company; Jupiter Medical Group, Inc.; Primary Care Associates, Inc.; and Richard M. Hays, M.D., P.A., all of which were under the beneficial ownership of Rajendra Bansal, M.D.

The four organizations will provide Conviva with 12 new centers and over 200 new Conviva team members, including more than 40 physicians, physician assistants and advanced practice registered nurses.

Conviva will also add 49 affiliate practices to its network through downstream participation arrangements.

This acquisition brings the total of payer-agnostic senior-focused primary care centers Humana owns to more than 170 including its Conviva, Partners in Primary Care, and Family Physicians Group facilities across the US.

The acquisition of Dr. Bansal's network further advances Conviva's strategy of managing seniors' health holistically through value-based care.

This approach places high value on clinical leadership and the critical role physicians play in achieving improved health outcomes for patients and reducing medical expenses.

Centers involved in the acquisition are located in the Florida communities of Ft. Pierce, Jupiter, Lake Park, Port St. Lucie, Royal Palm Beach, Stuart and Wellington.

Meriwether said patients within the acquisition should know that the doctors they are used to seeing, and the care they are used to receiving, will remain in place.

Dr. Bansal said he has been pleased with what he has learned about Conviva's commitment to quality care and helping seniors improve their health outcomes.

Additional terms of the transaction were not disclosed.
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Date Published: 03/03/2021

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