Humana Acquires MaxHealth Primary Care Clinics

Healthcare services division CenterWell completes purchase of 78-clinic network in Florida

Published on Feb. 18, 2026

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Humana's healthcare services division CenterWell has completed its acquisition of MaxHealth, a Tampa, Florida-based primary care network focused on adults and seniors. MaxHealth operates 54 primary care clinics, four specialty/ancillary clinics, and 24 affiliated clinics throughout West and South Florida, serving more than 120,000 patients, over 80,000 of whom are in value-based care programs. Financial terms of the deal were not disclosed, but it was reported that MaxHealth could have been valued at around $1 billion.

Why it matters

The acquisition expands Humana's footprint in the growing primary care market, particularly among older adult patients. It aligns with Humana's strategy to invest in value-based care models that aim to improve health outcomes and reduce costs. The deal also comes as Humana saw significant growth in its individual Medicare Advantage membership during the latest enrollment period.

The details

MaxHealth was previously owned by private equity firm Arsenal Capital Partners. The company was founded in 2015 by three provider organizations and 13 independent providers. Humana's CenterWell division saw over 25% patient growth in 2025, adding more than 100,000 patients.

  • Humana completed the acquisition of MaxHealth on February 13, 2026.
  • Bloomberg first reported on February 12, 2026 that Humana was in advanced talks to acquire MaxHealth.

The players

Humana

A major U.S. health insurance company that provides Medicare plans, Medicaid plans, commercial group health insurance, and specialty products.

CenterWell

Humana's healthcare services division that operates primary care clinics and provides value-based care services.

MaxHealth

A Tampa, Florida-based primary care network focused on adults and seniors, operating 78 clinics across West and South Florida.

Arsenal Capital Partners

A private equity firm that specializes in healthcare and industrial growth companies, and was the previous owner of MaxHealth.

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The takeaway

This acquisition demonstrates Humana's strategic focus on expanding its primary care footprint, particularly among the growing Medicare Advantage population. It also highlights the continued consolidation in the healthcare services industry as payers look to vertically integrate and gain more control over patient care delivery.