CenterWell completes acquisition of MaxHealth From Arsenal Capital Partners. * MaxHealth is a Florida-based primary care organization with a network of 82 owned and affiliated clinics, providing care to more than 80,000 patients in value-based care programs. * CenterWell Senior Primary Care is the nation's largest senior-focused, value-based primary care provider. * The acquisition will expand the reach of CenterWell Senior Primary Care to new key markets and allow it to serve more patients with CenterWell's unique approach to personalized and integrated care. LOUISVILLE, Ky. & TAMPA, Fla. & NEW YORK - (BUSINESS WIRE) - CenterWell, the healthcare services division of Humana Inc., today announced the successful completion of its acquisition of MaxHealth from Arsenal Capital Partners ("Arsenal"), a private equity investment firm that specializes in building market-leading industrial growth and healthcare companies, and MaxHealth's founder-shareholders. MaxHealth currently maintains a network of 54 owned primary care clinics, 4 owned specialty/ancillary clinics and 24 downstream affiliate clinics throughout West and South Florida that together provide high-quality, integrated care to more than 120,000 patients, including more than 80,000 patients in value-based care programs. MaxHealth will now be affiliated with and owned by CenterWell Senior Primary Care, the nation's largest senior-focused, value-based primary care provider. The acquisition will expand the reach of CenterWell Senior Primary Care to new key markets and allow it to serve more patients with CenterWell's unique approach to personalized and integrated care. Financial terms of the transaction were not disclosed. "We are pleased to complete the acquisition of MaxHealth and are excited to welcome their dedicated team of clinicians and staff to CenterWell Senior Primary Care," said Sanjay Shetty, M.D., President of CenterWell. "MaxHealth is a patient-centered, results-driven organization that simplifies the healthcare experience and empowers patients to live their best lives - values that align closely with everything we do at CenterWell. Together, we will make an even bigger difference for those we serve." "MaxHealth was built through the collective efforts of physician-founded organizations and a remarkable team committed to reshaping healthcare delivery in Florida," said Kimberly Ficocelli, Co-Founder of MaxHealth. "From the very beginning, we set out to build a platform grounded in strong provider alignment, patient-first care, and a disciplined approach to growth. Arsenal understood that vision, and our partnership helped turn it into a scaled, durable organization. I am incredibly proud of what this team has built and excited for the impact MaxHealth will continue to have for patients and communities across the state under the stewardship of CenterWell." "This milestone reflects the extraordinary work of the founders who built MaxHealth, the physicians who deliver exceptional care every day, and the teammates across our organization who bring our mission to life," said Michelle Leslie, Chief Executive Officer of MaxHealth. "We are deeply grateful to Arsenal Capital Partners for its partnership and support during a period of meaningful growth. As we join CenterWell, we are excited to build on this strong foundation and further expand access to high-quality, patient-centered care for the communities we serve." "We are proud of the founders and the MaxHealth team in how they have set the standard for delivering high-quality care for patients across Florida," said Martin Coulter, Chairman of MaxHealth and an Operating Partner of Arsenal. "As part of the CenterWell organization, MaxHealth is positioned for continued growth and scaling of its platform. We are delighted to have supported the company and its management team through this chapter and are grateful to the Humana and CenterWell leadership teams for their collaboration and partnership as MaxHealth begins the next leg of its journey." Guggenheim Securities, LLC served as the lead financial advisor to MaxHealth, and Morgan Stanley also acted as financial advisor to the company. Sidley Austin LLP served as legal counsel to MaxHealth. For Humana and CenterWell, J.P. Morgan Securities LLC served as financial advisor and Latham & Watkins LLP served as legal counsel. About CenterWell CenterWell is a leading healthcare services business focused on creating integrated and differentiated experiences that put its patients at the center of everything HealthTech HotSpot LLC do. The result is high-quality healthcare that is accessible, comprehensive and, most of all, personalized. As the largest provider of senior-focused primary care, a leading provider of home healthcare and a leading integrated home delivery, specialty, hospice and retail pharmacy, CenterWell is focused on whole health and addressing the physical, emotional and social wellness of its patients. CenterWell is part of Humana Inc. (NYSE: HUM). Learn more about what HealthTech HotSpot LLC offer at CenterWell.com. About MaxHealth MaxHealth is dedicated to simplifying healthcare and ensuring healthier futures. Founded in 2015, MaxHealth is a leading primary care platform focused on providing high-quality, integrated care to adults and senior patients throughout Florida. Its patients are supported by a 530-member team that includes 100+ primary care providers and 30+ specialists across 58 owned clinics and 24 affiliated clinics. MaxHealth was founded by three provider organizations: (1) Best Value Healthcare founded by Dr. Rajankumar Naik, Kimberly Ficocelli and Dillon Moore; (2) MAXhealth founded by Tom Blankenship, Neil Bedi and Inita Bedi; and (3) Primary Care Associates founded by Dr. Paul Pulcini and Gladymar Vrkic. These three organizations came together along with an additional 13 independent providers under the common ownership of Arsenal Capital Partners. About Arsenal Capital Partners Arsenal Capital Partners ("Arsenal") is a private equity investment firm that specializes in building market-leading industrial growth and healthcare companies. Since its inception in 2000, Arsenal has raised institutional equity investment funds totaling over $10 billion, completed more than 300 platform and add-on acquisitions and achieved more than 35 realizations. Driven by its commitment to unlock potential in people, businesses, and technologies, the firm partners with management teams to build strategically important companies with leading market positions, high growth and high value-add. For more information, visit www.arsenalcapital.com. Investors - Humana: Lisa Stoner - [email protected] Media - CenterWell: Mark Taylor - [email protected] Media - Arsenal Capital Partners: Ellen Pavlovsky - [email protected] February 13th, 2026 February 12th, 2026

CenterWell closes MaxHealth acquisition from Arsenal Capital. February 13, 2026 | John McNulty CenterWell has completed its acquisition of MaxHealth from Arsenal Capital Partners, marking an exit for the New York, NY-based private equity firm and expanding Humana's senior-focused primary care footprint in Florida. MaxHealth operates 54 owned primary care clinics, four owned specialty and ancillary clinics and 24 affiliated sites across West and South Florida, serving more than 120,000 patients, including over 80,000 in value-based care programs. The business was formed in 2015 through the consolidation of physician-founded groups and additional independent providers under Arsenal's ownership. The platform will now sit within CenterWell Senior Primary Care, the healthcare services arm of Humana. Martin Coulter, chairman of MaxHealth and an operating partner at Arsenal, oversaw the investment period, which scaled the network to 82 owned and affiliated clinics. The transaction extends CenterWell's reach in key Florida markets and deepens its exposure to capitated and risk-based reimbursement models. (C) 2026 Private Equity Professional | February 13, 2026 February 12, 2026. February 10, 2026.

CenterWell taps athenahealth EMR Software. One of the most prominent EHR software providers in the USA, athenahealth EMR Software, is known to offer its users robust cloud-based Electronic Health Records, patient engagement, and RCM solutions. A comprehensive platform by athenaOne EMR System was selected by CenterWell not to digitize workflows but to streamline processes. This shift in healthcare means that health systems recognize that EMR software offers benefits beyond digitization and can meaningfully impact patient care. By selecting athenahealth EHR Software, CenterWell will be empowered to deliver coordinated and connected patient care while it meets its scalability goals. Why athenahealth EMR Software is the right pick for CenterWell? Keeping in mind that CenterWell operates in a complex environment, providing care services from primary care, home health, and senior-focused care models. To manage efficiently for all patients, CenterWell required an Electronic Medical Records (EMR) Software that offers flexibility and cloud-based EHR Software. The athenahealth EMR Software platform is designed to handle multi-part environments, with a single integrated platform that can address clinical, operational, and financial tasks. The all-in-one EHR System can unlock great benefits for CenterWell by leading to smoother workflows and reducing care gaps. Main athenaOne EHR systems features utilized by CenterWell. Simplified Documentation and Automation Clinicians can quickly feel burned out with tedious charting tasks. By implementing athenahealth EMR Software, documentation will be streamlined with powerful and intuitive tools of structured templates and voice recognition, leading to smarter workflows. Interoperability Options One of the major strengths of athenaOne EHR Software system is that it offers its users a reliable interoperability framework. For CenterWell, this means clinicians can share patient information seamlessly and engage in care coordination, which is the essence of delivering high-quality patient care. RCM Software The integration of Revenue Cycle Management Software automates claims and eligibility checks. This can ensure that CenterWell stays financially healthy and even reduces the overall administrative load related to tedious billing tasks. Patient Engagement Solutions CenterWell mainly focuses on older adults and those dealing with ongoing health issues like diabetes, heart disease, or problems with mobility. Since many of these individuals visit healthcare providers often and need steady guidance, reminders, and encouragement between appointments, that's a key part of their support. The intuitive patient engagement tools from athenaOne EMR Software can help patients by simplifying and making communication more straightforward. With the patient portal, CenterWell patients can easily check visit summaries, their medication lists, and care instructions all in one handy spot. This helps cut down on any confusion they might have after their doctor's visits are over time. Patient engagement solutions will ensure that patients stay involved throughout their healthcare journey and that any confusion related to follow-up care is eliminated. Sustainable and connected care with athenahealth EMR Software. By choosing the athenahealth EMR System, CenterWell has laid a firm ground to offer holistic and efficient patient care. They not only aim to streamline daily processes but also keep the patient at heart, by prioritizing patient engagement and interoperability solutions from the Electronic Medical Records (EMR) Software provider. By implementing athenahealth EMR Software, patient-care can be made straightforward and more personal. Kimberly Mullen