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In 2012, the company announced a partnership with Humana. This partnership worked to serve dual-eligible populations, or individuals who qualify for both Medicare and Medicaid in Ohio. In October 2012, the company expanded into Kentucky Medicaid with Humana, where the plan was known as Humana - CareSource. [14]
In June 2015 [8] Humana sold Concentra shares to a joint venture between Select Medical Holdings Corporation (Select Medical) and Welsh, Carson, Anderson & Stowe, a private equity fund, for approximately $1.06 billion in cash. [9] The deal called for Select Medical to own 50.1% of the stock, while Welsh, Carson, Anderson & Stowe would own 49.9%.
It was approved by the Downtown Commission in December 2021. [15] The building worksite in April 2023. In May 2022, the structure was renamed "the Merchant Building", after the goods and produce merchants that have utilized North Market. Construction began in 2023 with an estimated completion date of 2026. [2]
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