Humana ' s Launches New Venture: Medicare-Centric Primary Care Clinics

Humana is expanding its primary care presence (see:Humana's Broussard calls latest primary care venture an'expensive, complicated deal'). Below is an excerpt from this article describing this new initiative:Humana's recently announced joint venture to launch senior-centric primary care clinics was far from easy or cheap....The clinics will be payer agnostic and operated by Humana ’s primary care subsidiary,Partners in Primary Care....[The company CEO] was addressing a question about the acquisition as well as Humana's deal to acquire home health care providerKindred at Home in 2018. It's part of Humana's shift from being an insurance company to a healthcare company.Humana also operates amail-order pharmacy, has more than 300 owned or alliance primary care clinics and is building out its capabilities to address members' social determinants of health.... He also said it was crucial that the deals are payer agnostic and"that it ’s not a slave of internal Humana." Here are some details about Humana from Wikipedia (see:Humana):Humana is a for-profit American health insurance company based in Louisville, Kentucky.As of 2014 Humana had over 13 million members in the U.S., reported a 2013 revenue of $41.3 billion, and had 41,600 employees. In 2018, the company ranked 56 on the Fortune 500 list, which made it the highest ranked (by revenues) company based in Kentucky. It has been the third largest health insurance i...
Source: Lab Soft News - Category: Laboratory Medicine Authors: Tags: Healthcare Business Healthcare Delivery Healthcare Insurance Hospital Executive Management Population Health Public Health Source Type: blogs