CenterWell Senior Primary Care, a Humana business segment, agreed to acquire The Villages Health (TVH), a provider organization in north central Florida that serves 55,000 residents of The Villages retirement community and the surrounding communities. TVH has filed for Chapter 11 bankruptcy to restructure debt due to overbilling Medicare. Most TVH consumers are Medicare beneficiaries. TVH operates eight primary care clinics and two specialty care centers. TVH specialty care services include audiology, behavioral and mental health, cardiology, dietetics, endocrinology, gastroenterology, gynecology, international pain, neurology, podiatry, rheumatology, and urology.
CenterWell is a payer-agnostic health care services provider organization. The terms of the agreement were not disclosed. Before the agreement can be finalized, an auction will take place in which other parties can submit a bid. If CenterWell is the successful bidder, a court order will approve the sale under the terms of the agreement. In the meantime, TVH will continue to operate its business during the sale process. If CenterWell’s bid is approved, both CenterWell and TVH anticipate no disruption to consumer care.
“This was by no means an overnight decision, nor has it been an easy one. We want to reassure our community that there will not be any effects on patient care experienced by our patient population,” said TVH Chief Executive Officer Bob Trinh. TVH’s Chairman of the Board and founder, Dr. Elliot Sussman said, “We believe this plan of reorganization and planned transaction with CenterWell is in the best interests of our patients, physicians, other clinicians, employees, partners, and community members, and will ultimately result in a more promising future.”
The sale announcement stated that in the fall of 2024, TVH identified and investigated a potential set of issues with its Medicare billing practices. Based on the results of that investigation, it worked to report and correct the situation, while self-reporting the identified billing discrepancies to relevant U.S. Government agencies. TVH has spent the past six months working with the Medicare program. This work toward a resolution with the U.S. Government, estimated at hundreds of millions of dollars in overpayments and likely significant accompanying penalties, continues without interruption and is independent of, and being conducted separately from, the transaction with CenterWell.
According to a July 4, 2025, news article The Villages Health seeks bankruptcy after erroneous Medicare billing published by Villages-News.com, court documents indicate that TVH has liabilities of $100 to $500 million. TVH owes Medicare $361 million. It also has more than 200 other creditors. Its assets are valued at $50 million to $100 million.
CenterWell provides senior-focused primary care. It also provides home health care and hospice services, and CenterWell operates a specialty pharmacy that provides home delivery.
This was reported by The Villages Health on July 3, 2025 (accessed July 8, 2025). The Villages Health also reported the news in a notice to its consumers on July 3, 2025 (accessed July 8, 2025).
Contact information: The Villages Health, Administrative Offices, 6503 Powell Road, The Villages, FL 32163; 844-884-9355; Email: Questions@TheVillagesHealth.com; Website: https://thevillageshealth.com/
August 2025 00US25EUA0023