Humana Announces Value-Based Agreement with Allina Health in Minnesota
November 22 2021 - 9:37AM
Business Wire
Humana Inc. (NYSE: HUM), a leading health and well-being
company, and Allina Health are expanding their existing agreement
to focus on value-based care for Humana’s Medicare Advantage
members in Minnesota.
This multi-year agreement, which takes effect Jan. 1, 2022, is
in keeping with Humana’s long-standing commitment to value-based
care, which emphasizes:
- More personal time with health professionals and personalized
care that is tailored to each person’s unique health
situation;
- Access to proactive health screenings and programs that are
focused on preventing illness;
- Improved care for people living with chronic conditions with a
focus on avoiding health complications;
- Leveraging technologies, such as data analytics, that connect
physicians and help them work as a team to coordinate care around
the patient; and
- Reimbursement to physicians linked to the health outcomes of
their patients rather than based solely on the quantity of services
they provide (fee-for-service).
“This value-based agreement for Humana Medicare Advantage
members is an important part of helping our members achieve their
best health,” Chuck Dow, VP, Humana’s Medicare Regional President
for Minnesota. “We’re excited to share with Allina Health a strong
commitment to providing quality care while improving patient health
outcomes in Minnesota.”
Humana offers HMO-POS and local PPO plans in Minnesota to meet a
variety of individual health care needs, including plans that
include $0 premiums, rich supplemental benefits, and top-ranked
customer experience for insurance companies based on the 2021
Forrester CX Index. In June, Humana ranked No. 1 among health
insurers for customer experience (CX) quality in Forrester’s
proprietary 2021 US CX Index™ survey. The ranking was based on
responses from more than 85,000 US survey respondents from 13
industries.
About Allina Health
Allina Health is dedicated to the prevention and treatment of
illness and enhancing the greater health of individuals, families
and communities throughout Minnesota and western Wisconsin. A
not-for-profit health care system, Allina Health cares for patients
from beginning to end-of-life through its 90+ clinics, 11
hospitals, 15 retail pharmacies, specialty care centers and
specialty medical services that provide home care and emergency
medical transportation services.
About Humana
Humana Inc. (NYSE: HUM) is committed to helping our millions of
medical and specialty members achieve their best health. Our
successful history in care delivery and health plan administration
is helping us create a new kind of integrated care with the power
to improve health and well-being and lower costs. Our efforts are
leading to a better quality of life for people with Medicare,
families, individuals, military service personnel, and communities
at large.
To accomplish that, we support physicians and other health care
professionals as they work to deliver the right care in the right
place for their patients, our members. Our range of clinical
capabilities, resources and tools – such as in-home care,
behavioral health, pharmacy services, data analytics and wellness
solutions – combine to produce a simplified experience that makes
health care easier to navigate and more effective.
More information regarding Humana is available to investors via
the Investor Relations page of the company’s web site at
www.humana.com, including copies of:
- Annual reports to stockholders
- Securities and Exchange Commission filings
- Most recent investor conference presentations
- Quarterly earnings news releases and conference calls
- Calendar of events
- Corporate Governance information
Additional Information:
Humana is a Medicare Advantage HMO and PPO organization with a
Medicare contract. Enrollment in any Humana plan depends on
contract renewal. Other providers are available in the Humana
network. Provider may also contract with other Plan Sponsors.
Y0040_MNHLGEYEN_M
View source
version on businesswire.com: https://www.businesswire.com/news/home/20211122006371/en/
Damon Adams Humana Corporate Communications 312-581-5630
dadams33@humana.com
Humana (NYSE:HUM)
Historical Stock Chart
From Apr 2024 to May 2024
Humana (NYSE:HUM)
Historical Stock Chart
From May 2023 to May 2024