Humana saved $8B though value-based care in 2022

Humana's value-based care efforts in Medicare Advantage saved around $8 billion in 2022 compared to traditional Medicare, according to the company's annual value-based care report published Nov. 15. 

Value-based care saved 23.2% in 2022 compared to traditional Medicare. 

In 2022, around 70% of Humana's Medicare Advantage members were in some form of value-based care relationship, the highest proportion since the company began publishing value-based care reports in 2013. 

Positive results in savings and quality outcomes from value-based care in Medicare can translate to Medicaid programs as well, Humana said in its report. 

Now that 70% of Humana's Medicare Advantage members are in value-based care relationships, it's time to think about how to expand that number and reach other markets, George Renaudin, president of Medicare and Medicaid at Humana, said in the report. 

"It's important to keep thinking about those who are touched by some other model and its repercussions," Mr. Renaudin said. "We're at the dawn of the next era, working together through the question of, 'How do we keep getting better beyond primary care and beyond Medicare Advantage?'"

See the full report here.

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