While The Villages Health celebrates its post-bankruptcy sale to Humana’s CenterWell, there are plenty of questions about the future of insurance for many of its 55,000 patients.
In a letter to patients on Friday, The Villages Health CEO Bobby Trinh expressed joy in the triumph of CenterWell’s $68 million purchase of “substantially all of the assets of The Villages Health.” It’s been a long, contentious road to reach this point in the wake of the sudden announcement in July that a mysterious $360 million Medicare coding error had triggered the bankruptcy of The Villages Health.
Trinh’s letter portrayed CenterWell’s acquisition of The Villages Health as bringing an expansion of insurance options to patients…