Humana, a leading healthcare company in the United States, has a rich history marked by numerous notable achievements and milestones. Since its inception in 1961, the company has consistently strived to improve the health and well-being of its members and communities. Here are some significant milestones in Humana's history:
1. Founding and Early Growth (1961-1980):
- Humana was founded in 1961 by David A. Jones and Wendell Cherry in Louisville, Kentucky, with a focus on managing nursing homes.
- In 1974, Humana became a publicly traded company, marking a significant milestone in its growth trajectory.
- By the late 1970s, Humana had expanded its operations beyond nursing homes and ventured into hospital management and healthcare services.
2. Expansion into Health Insurance (1980s):
- In the early 1980s, Humana made a strategic shift towards health insurance and began offering comprehensive health plans to individuals and employers.
- In 1984, Humana acquired American Medicorp Inc., a healthcare services company, expanding its presence in the hospital management sector.
- The acquisition of American Medicorp Inc. positioned Humana as one of the largest hospital operators in the United States.
3. Introduction of Innovative Programs (1990s):
- In 1993, Humana launched its Medicare Advantage program, which provided seniors with an alternative to traditional Medicare coverage.
- The company introduced the "Guidance
Centers" in 1996, which aimed to provide personalized assistance to Medicare beneficiaries.
- In 1998, Humana launched its first fully integrated health plan, offering both medical and prescription drug coverage.
4. Focus on Wellness and Preventive Care (2000s):
- In 2001, Humana established the Humana Foundation, a philanthropic arm dedicated to promoting healthy behaviors and improving community health.
- The company launched the HumanaVitality program in 2011, which incentivized members to engage in healthy activities and rewarded them for achieving wellness goals.
- Humana's commitment to preventive care was further demonstrated by its partnership with the YMCA in 2012 to promote healthy living and disease prevention.
5. Embracing Technology and Innovation (2010s):
- In 2013, Humana launched the "Bold Goal" initiative, aiming to improve the health of communities by addressing social determinants of health.
- The company invested in telehealth services, enabling members to access healthcare remotely, particularly in underserved areas.
- In 2018, Humana announced its partnership with leading technology companies, including Microsoft
and Salesforce, to enhance its digital capabilities and provide personalized healthcare experiences.
and Expansion (2020s):
- In 2021, Humana completed its acquisition of Kindred at Home, the largest home health and hospice provider in the United States, expanding its reach in the post-acute care market.
- The company continues to expand its footprint and explore innovative partnerships to improve healthcare delivery and outcomes.
These achievements and milestones highlight Humana's evolution from a nursing home operator to a diversified healthcare company committed to innovation, wellness, and community health. Through its continuous efforts, Humana has played a significant role in shaping the healthcare landscape in the United States.