Humana Updates Management Team, LHC Group Fills Out Board

Humana updates management team with internal hires Health insurance giant Humana Inc. (NYSE: HUM) has filled two leadership roles with internal candidates. The Louisville, Kentucky-based company has promoted Joseph Ventura to General Counsel and named Douglas Stoss interim lead for Humana’s Office of Corporate Affairs. Both will serve as members of the company’s management team. […]

WellSky Taps Fazzi Head as CCO; Collective Medical Hires New Leadership

WellSky Creates, Fills New Position WellSky, a health and community care technology company backed by TPG Capital, has named a new chief clinical officer. Fazzi Associates President Tim Ashe will hold the newly created position, in which Ashe will guide meaningful patient outcomes, combining technology and clinical care. Ashe will continue to serve as president […]

Fitbit, Humana Tackling Chronic Conditions with New Platform

Wearable-technology company Fitbit (NYSE: FIT) and insurance giant Humana Inc. (NYSE: HUM) are turning their partnership up a notch to better prevent and manage chronic conditions. San Francisco-based Fitbit announced Wednesday that Louisville, Kentucky-based Humana has chosen the tech company’s new Fitbit Care platform as a preferred health coaching solution for more than 5 million […]

Kindred Overcomes Shareholder Suit, Merger Vote Moves Forward

A scheduled shareholder vote to sell Kindred Healthcare (NYSE: KND) will move forward after a judge dismissed a lawsuit by a major shareholder. Brigade Capital Management, a New York-based private equity firm with a 5.8% stake in Louisville-based Kindred, sued the health care provider in an attempt to delay or block the vote to sell the […]

Movers & Shakers: Humana Appoints Regional President

Humana Names Former Home Health Exec as Regional President Humana Inc. (NYSE: HUM) appointed Matt Berger as regional vice president for Humana’s Louisiana and Mississippi Medicare markets, effective March 18. Berger has served in regional finance roles for Humana, including four years as its Medicare Central Division chief financial officer in Louisiana. Prior to joining […]

Kindred’s Home Health Revenue Jumps Ahead of Acquisition

The country’s largest home health provider recorded a slight jump in home health revenue ahead of its planned $4.1 billion sale to Humana Inc. (NYSE: HUM), TPG Capital, and Welsh, Carson, Anderson & Stowe (WCAS). Specifically, fourth-quarter 2017 revenues in the Kindred at Home (KaH) division of Kindred Healthcare (NYSE: KND) rose 3% year-over-year to […]

Kindred at Home Expansion Takes a Back Seat for Humana

The new parent company of Kindred at Home (NYSE: KND) isn’t moving toward growing the new business with urgency, executives said during an earnings call reviewing fourth quarter 2017 results. Humana Inc. (NYSE: HUM) announced in December it would be acquiring 40% of the Kindred at Home business, with two private equity groups acquiring the other 60%. […]