Court Approves CenterWell's Winning Bid to Acquire Assets of The Villages Health ("TVH")

Core Insights - The Villages Health (TVH) has filed for Chapter 11 Bankruptcy restructuring and has received court approval for CenterWell Senior Primary Care to acquire its assets as a going concern [1][4] - The transaction is expected to close in the fourth quarter of 2025, pending customary closing conditions [1] - CenterWell is the largest senior-focused, value-based primary care provider in the U.S. and will integrate TVH's operations, including eight primary care centers and two specialty care centers serving over 55,000 patients [2][5] Company Overview - TVH has been a trusted healthcare provider in North Central Florida for 13 years, focusing on patient-centered care, particularly for Medicare and Medicare Advantage beneficiaries [5] - CenterWell, part of Humana Inc., emphasizes a patient-centered approach and aims to provide high-quality, accessible, and personalized healthcare services [8][9] Transaction Details - The court's approval allows TVH and CenterWell to proceed with the asset sale process, which was initiated through a "stalking horse" Asset Purchase Agreement [4] - The acquisition will ensure that TVH patients maintain access to their current health insurance providers, regardless of their selected insurance plans [2]