Home Health Care News March 7, 2023
In late February, Humana Inc. (NYSE: HUM) announced that it would be exiting the Employer Group Commercial Medical Products business, meaning it would further focus on Medicare Advantage (MA), Group Medicare, and, of course, its CenterWell health care services arm.
The company offered up the rationale for that move – as well as its future-facing strategy – at Cowen’s 43rd Annual Health Care Conference on Tuesday.
“For us as an organization, we have a rich opportunity in Medicare Advantage. We are growing our Medicare and Medicaid businesses quite well,” Humana CEO Bruce Broussard said at the event. “And, our CenterWell provider assets are doing quite well.”
Those CenterWell assets include one of the largest home health networks in the country,...