CenterWell, the primary care brand of Humana Inc., has finalized its acquisition of MaxHealth a leading multi-specialty physician group in Florida from Arsenal Capital Partners. The deal strengthens CenterWell’s value-based care footprint in one of the fastest-growing senior markets in the U.S., adding MaxHealth’s network of clinics, advanced primary care capabilities, and strong Medicare Advantage alignment.

Glimpse:

The acquisition brings MaxHealth’s 30+ locations, 200+ providers, and high-performing value-based care model under CenterWell. It expands CenterWell’s presence across Florida with enhanced senior-focused primary care, chronic disease management, and coordinated services. The move supports Humana’s strategy to scale integrated care delivery, improve outcomes, and drive better cost efficiency in Medicare Advantage plans.

CenterWell, Humana’s primary care organization, has successfully closed its previously announced acquisition of MaxHealth from private equity firm Arsenal Capital Partners. The transaction, completed in early 2026, significantly bolsters CenterWell’s physical footprint and clinical capabilities in Florida one of the nation’s largest and fastest-aging senior populations.

MaxHealth operates more than 30 outpatient clinics across the state, employing over 200 physicians and advanced practice providers. The group has built a strong reputation for delivering high-quality, coordinated primary and specialty care with a heavy emphasis on value-based arrangements, particularly within Medicare Advantage. MaxHealth’s model aligns closely with CenterWell’s focus on whole-person care, preventive services, chronic condition management, and reducing avoidable hospitalizations.

Key strategic benefits of the acquisition include: Expanded geographic reach in high-density Medicare markets across Florida Strengthened senior-focused care delivery with integrated primary care, in-house diagnostics, and care coordination Enhanced value-based performance through shared clinical protocols, data analytics, and population health tools Greater alignment with Humana Medicare Advantage plans, improving member experience and outcomes

CenterWell plans to retain MaxHealth’s brand identity in the near term while gradually integrating operations, technology platforms, and clinical best practices. The transaction reflects Humana’s continued push to build a more vertically integrated care model combining insurance, primary care, pharmacy, and home health to deliver better health outcomes at lower cost.

This acquisition marks one of the largest recent moves in the U.S. primary care consolidation space and underscores the growing strategic importance of physician-led, value-based care platforms in Medicare Advantage.

“MaxHealth shares our commitment to putting patients first and delivering high-quality, coordinated care. Together, we’ll make healthcare simpler, more proactive, and more effective for Florida’s seniors.”