CVS Health names Dr. Sreekanth Chaguturu president of health care delivery CVS Health (NYSE: CVS) has appointed Dr. Sreekanth Chaguturu the president of health care delivery. Chaguturu will serve in this position, in addition to his current roles as executive vice president and chief medical officer at the company. Chaguturu succeeds Mike Pykosz, who has […]
Humana Inc.
Essentia Health – a regional, nonprofit health system with a substantial home health arm – announced this week that it will no longer serve as an in-network provider for UnitedHealth Group (NYSE: UNH) and Humana Inc. (NYSE: HUM) Medicare Advantage (MA) plans. It is the latest example of home-focused health care providers drawing a line […]
Humana Inc. (NYSE: HUM) will be exiting 13 Medicare Advantage (MA) markets in 2025, company leaders said during the Wells Fargo Healthcare Conference. The company had already announced that it was planning to leave markets next year, but offered up more specifics last week. Humana CFO Susan Diamond said the company’s exit from those 13 […]
When examining a Medicare Advantage (MA) plan population, researchers found that there’s a substantial prevalence of homebound individuals. As part of the study, Dr. Bruce Leff and his study co-authors examined the prevalence, characteristics, predictors, health service use, and mortality outcomes of 2,435,519 homebound Humana Inc. (NYSE: HUM) MA beneficiaries in 2022. “We thought it […]
Jim Rechtin took the helm as the president and CEO of Humana Inc. (NYSE: HUM) on the first of July. A month in, he’s already tasked with facing tough questions, like how the company plans to combat regulatory headwinds in Medicare Advantage (MA) and home health care. Home health providers and MA plans have continually […]
Walgreens Boots Alliance Inc. (Nasdaq: WBA) announced the appointment of former Humana Inc. (NYSE: HUM) Chief Medical Officer (CMO) Dr. William H. Shrank to its board of directors as the company continues its strategic turn toward health care services. Currently, Dr. Shrank is a venture partner with the Bio + Health team of Andreesen Horowitz, […]
If there were ever a time for Medicare Advantage-related troubles to cool off in the home health care space, now would be it. And, heading into the summer, some of the largest home health providers in the country are scoring demonstrable wins that could lead to future success. Virtually no one has the MA game […]
Both home health care and Medicare Advantage (MA) are currently in rough rate environments. But Humana Inc. (NYSE: HUM) leaders believe in the company’s ability to continue growing MA membership with solid margins, partly by leaning into CenterWell Home Health and its other provider assets. Earlier this month, the Centers for Medicare & Medicaid Services […]
Every home-based care provider wants to recruit and retain better this year than they did last year. But that’s easier said than done. Companies are constantly tinkering with their approaches to attract and retain skilled professionals, and are doing so in 2024 yet again. Between new recruiting processes, career advancement opportunities and more technology, there’s […]
CenterWell President Dr. Sanjay Shetty knows home health care is an extremely valuable service. Unlike many other leaders, he’s in the position to prove it. For close to a year now, Shetty has led Humana’s (NYSE: HUM) health care services division, which includes CenterWell Home Health, CenterWell Primary Care and CenterWell Pharmacy. Previously, he was […]