Skilled Nursing News May 4, 2023
Longevity Health Plan and Humana Inc. (NYSE: HUM) announced a partnership to expand institutional special needs plan (ISNP) offerings that support the requirements of Medicare-eligible individuals living in skilled nursing facilities.
The partnership will begin in South Carolina and Georgia this year and will expand to additional states in 2024 and 2025. The two companies are “committed” to being in more than a dozen states, according to a press release issued Thursday.
“Those are markets that we mutually identified based on the overall opportunity based on interests of skilled nursing facility operators,” Marc Hudak, Chief Growth Officer with Longevity, told Skilled Nursing News. “And these were two sets of markets where Humana already had a strong presence.”
Hudak said that...