Centers for Independence, Inc. Sells Interest in iCare

Centers for Independence, Inc. (CFI) — a 50% owner of Wisconsin health care company iCare — sold its 50% interest in iCare to the company’s co-owner, Humana Inc. The joint venture dates back to 1994 and serves members in Wisconsin through Medicaid and Medicare offerings. Faegre Drinker advised CFI in the sale, which closed in January 2021.