Health insurance giant Humana Inc. (NYSE: HUM) has not been shy about its strategy of moving further and further into the home. Right now, the company is busy with its many in-home endeavors, which include Humana At Home, Curo Health Services and Kindred at Home, the largest provider of home health and hospice services in […]
Curo Health Services
An initiative by Humana (NYSE: HUM) that addresses social determinants of health posted positive results in five of seven target communities in 2018. On average, Humana Medicare Advantage (MA) members in participating communities saw a 2.7% reduction in “unhealthy days” experienced in 2018, according to the insurer’s 2019 Bold Goal progress report. Unhealthy days are […]
Humana (NYSE: HUM) is leaning further into home health care as a key area of focus, going as far as to label it “the new frontier in value-based medicine” during an investor day presentation Tuesday. “Our journey into the home is in full gear,” William Fleming, segment president of health care services at Humana, told […]
Humana Inc. (NYSE: HUM) recorded better-than-expected revenue in the fourth quarter of 2018, despite higher-than-anticipated costs associated with Kindred at Home’s operations. The Louisville, Kentucky-based health insurer’s GAAP consolidated revenues for Q4 came in at $14.17 billion, an increase of about $979 million from the same period a year ago. Annual revenue for Humana’s fiscal […]
In many ways, 2018 was a coming of age for the home care industry, as it steadily became recognized as a key part of the overall continuum of care due to its ability to keep older adults safely at home and out of the hospital. Among the biggest changes to home care in 2018: the […]
Advances in home-based care capabilities and being able to properly address social determinants of health for older adults and chronically ill populations are among “the most impactful” influences on the U.S. health care system, according to Bruce Broussard, CEO and president of Humana Inc. (NYSE: HUM). Shifts in primary care, pharmacy services and behavioral health […]
Private equity (PE) interest in health care spiked last year — with in-home care and hospice deals among the 10 largest in terms of dollars. Overall, there were at least 715 PE deals that closed by the middle of December, according to PitchBook, which provides data and other insights on the private market through a […]
The home health, home care and hospice industries experienced ups and downs in 2018, including regulatory surprises, new business opportunities and industry-shaping mega deals. Home Health Care News was there to cover it all. Revisit 2018 — and get a sense of what ongoing trends and regulations will shape 2019 — by reading through our […]
A subsidiary of one of the nation’s largest hospice companies — Curo Health Services — has agreed to pay millions of dollars to settle a federal whistleblower lawsuit claiming that the company submitted Medicare claims that were medically unnecessary or lacked documentation. Curo Health Services was acquired by Humana Inc. (NYSE: HUM) and private equity […]
Humana (NYSE: HUM) and Walgreens Boots Alliance (NYSE: WBA) are in talks to expand their business relationship, which could include taking equity stakes in each other, according to a report published Tuesday by The Wall Street Journal. The negotiations are in early stages, WSJ reported, citing unnamed sources who are familiar with the matter. Neither […]