Home Health Executive Forecast for 2021: Reserving a Seat at the Big Kids’ Table

Going into 2020, many home health executives predicted that the Patient-Driven Groupings Model (PDGM) would kick off a wave of consolidation and agency closures. Others believed the phase out of Requests for Anticipated Payment (RAPs) would have a similar effect. For the most part, that didn’t happen. The COVID-19 pandemic — and all the policy […]

Humana Accelerates Value-Based Care Strategy with Home Health Providers, Others

Humana Inc. (NYSE: HUM) continues to shift its operations toward value-based care payment models, both with internal service lines and with external provider partnerships. The Louisville, Kentucky-based insurance giant is also doubling down on social determinants of health at the same time. Those are just a couple key takeaways from a Tuesday conference call with […]

Humana’s Blueprints for Building Its ‘Home-Centric Ecosystem of Care Delivery Assets’

In 2019, Humana Inc. (NYSE: HUM) decided to reorganize its operations and create a dedicated business segment focused on the home. The Louisville, Kentucky-based health care organization has spent the past several months refining that home segment by fully mapping out its strategy and scope of services, according to its leader and president, Susan Diamond, […]

Comcast Ventures-Backed Papa Raises $18M, Sets Sights on National Expansion

Papa — the on-demand companionship service for older adults and their families — has added a substantial amount of new capital to its coffers. The Miami-based startup announced Tuesday it has raised another $18 million for its Series B round, with investment led by Comcast Ventures, Comcast Corporation’s investment arm. The new funding brings Papa’s […]

Humana’s Bruce Broussard: Consumer Demand for Home-Based Care Models Will Continue to Increase

Humana’s (NYSE: HUM) long-standing home- and community-based focus served the insurer well in Q2 2020 — a quarter dominated by the COVID-19 emergency. The coronavirus pushed more senior care into the home, boosting business for Louisville, Kentucky-based health insurance giant. As a result, the insurer doubled down on home-based care initiatives in Q2 2020 and […]

Humana Helps Fast-Track In-Home Primary Care Company Heal’s Growth with $100M Investment

Health and well-being company Humana Inc. (NYSE: HUM) has spent the past few years adding to its health care services portfolio while aggressively investing around a home-based care strategy. The Louisville, Kentucky-based company has now revealed its latest step in that direction. On Wednesday, Humana announced a wide-ranging strategic partnership with Heal, the in-home primary […]

CMS Appoints New Chief Medical Officer

The U.S. Centers for Medicare & Medicaid Services (CMS) announced a number of new leadership appointments on Tuesday. The agency’s leadership shakeup includes naming a new chief medical officer, a role that had been vacant since Dr. Kate Goodrich joined Humana Inc. (NYSE: HUM) in March. Dr. Lee Fleisher will take over as CMS’s CMO […]

Humana Announces In-Home COVID-19 Testing Program, Walmart Collaboration

Humana Inc. (NYSE: HUM) is adding to its multifaceted, home-focused COVID-19 response strategy. The Louisville, Kentucky-based health and well-being company announced two new COVID-19 testing programs on Tuesday, supported by collaborations with Walmart (NYSE: WMT), Quest Diagnostics (NYSE: DGX) and LabCorp (NYSE: LH). Humana has been aggressively responding to the national emergency since early March, […]

In-Home Care Company DispatchHealth Raises $135.8M, Backed by Optum Ventures and Humana

While the coronavirus has strained the U.S. health care system, it has also helped divert tens of millions of dollars into the in-home care space. DispatchHealth is the latest example of that trend. On Tuesday, Denver, Colorado-based DispatchHealth announced it landed $135.8 million in growth capital, with Optum Ventures leading the Series C round. Since […]