Home Health Care News May 23, 2023
In early May, Humana Inc. (NYSE: HUM) entered into an agreement with AdaptHealth Corp. (Nasdaq: AHCO), a home medical equipment (HME) provider. AdaptHealth will become the “capitated provider of durable HME and supplies” for at least one million Humana Medicare Advantage (MA) members in 33 states and the District of Columbia.
The partnership is a part of Humana’s overarching home- and value-based long-term care strategy. Its network now includes one of the largest MA plans in the country, as well as one of the largest home health providers in CenterWell Home Health.
It has the two biggest pieces of the puzzle, and now it is attempting to build out the other parts that will help complete the goal of having...