While technology behemoths and up-and-coming startups are often cited as the industry’s top disruptors, it’s innovative payment models and big data that will likely have the greatest impact on home health care delivery over the next several years, experts predict. Additionally, as long as gaps exist throughout the hospital-to-home transition process, further disruption is sure […]
A federal judge in Connecticut on Monday OK’d four classes as part of an ongoing suit against insurance giant Humana Inc. (NYSE: HUM) and two of its affiliates, brought on by home health workers who claim they were cheated out of pay and overtime wages. In addition to Louisville, Kentucky-based Humana, the legal battle specifically […]
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 […]
Humana Hires New CMO Humana (NYSE: HUM) has appointed a new chief medical officer. Dr. William Shrank will take the reins April 1, as current CMO Dr. Roy Beveridge transitions to retirement later in the year. Beveridge will stay on for several months after Shrank steps in to ensure a smooth transition, according to Humana. […]
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 […]
Humana Announces Strategic Leadership, Care Delivery Changes Insurance giant Humana Inc. (NYSE: HUM) has hired a new chief strategy and corporate development officer. Vishal Agrawal, M.D., previously of Washington, D.C.-based financial services and investment firm the Carlyle Group, steps into the position on Dec. 10. In the new role, Agrawal will spearhead advancing the company’s […]
With a small fraction of Medicare Advantage (MA) plans set to offer newly allowed in-home services in 2019, many home care agencies are still unsure what the changes mean for them. But one prominent Southern California insurer is offering the benefits and says the new rules create opportunities for agencies of all sizes. “We’ve benefitted […]
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