From announcing it will restructure into two separate units, to donating an office building to the University of Louisville, here are here are eight news items about Humana published by Becker's since June 13:
1. Humana said during its July 27 second-quarter earnings call that the company will restructure into two separate units and reorganize the executives leading them as part of its $1 billion value creation initiative.
2. Humana saw a double-digit increase to its net income compared to last year's second quarter and said 22 percent more of its members are now covered under a value-based care model, according to the company's earnings report filed July 27.
3. Humana was named the 161st best employer for women by Forbes. The rankings of the top 400 companies, released July 26, was created in partnership with market research firm Statista and used anonymous responses from 50,000 Americans (30,000 women and 20,000 men) working for companies with more than 1,000 employees.
4. Humana promoted Fred Roth to president of the Medicare supplement division. Mr. Roth was previously the company's vice president and strategy adviser of the Medicaid division, where he worked in the Ohio market, according to a July 12 news release.
5. Humana is becoming an equity partner of Villanova, Pa.-based Delaware Valley Accountable Care Organization. Humana will give the ACO the ability to expand its services and add infrastructure to support performance in population- and value-based contracting, which should enhance its quality rating with CMS, the ACO said in a July 13 news release.
6. Humana is developing new workplace models to support a more hybrid workforce, ArchDaily reported June 23. The payer has introduced a fourth style of work for employees: hybrid home. The other three are office, hybrid office and home.
7. Michael Koeberlein, Humana's senior vice president, chief accounting officer and controller, is retiring Aug. 1. He will be succeeded by John-Paul Felter, who most recently served as senior director of investment finance at Indianapolis-based OneAmerica Financial Partners. Humana’s board of directors elected Mr. Felter June 16.
8. Humana is donating an eight-story office building in downtown Louisville, Ky., to the University of Louisville. The 130,000-square-foot building at 515 W. Market Street will be used by the university's Health Equity Innovation Hub — a center focused on research, talent development, entrepreneurship and innovation.