Humana pact ‘gives it an edge’ over CVS in bidding for Cano Health
Posted On: Sep. 28, 2022 10:05 AM CSTMarket analysts say that Humana Inc. has better odds than CVS Health Corp. of acquiring Cano Health because the insurer already has a right-of-refusal agreement with the company and a huge position in the Medicare Advantage market, Becker’s Hospital Review reports. Whoever wins the bidding war will gain a strong foothold in senior primary care, as about 44% of Cano Health's patients are on Medicare Advantage, the report says.