Datapoint: Humana to Expand CenterWell Business
Humana Inc. announced on Jan. 30 plans to increase the number of CenterWell Senior Primary Care centers. The company will open centers in three new markets (Asheville, North Carolina, Baton Rouge, Louisiana, and New Orleans) and add centers in eight markets where it already operates. CenterWell Senior Primary Care and Conviva Care Center, both affiliates of Humana, delivered care to about 295,000 seniors in nearly 300 centers as of the end of last year. The planned expansion comes as Humana struggles in its main Medicare Advantage business line. The company announced on Jan. 25 that it expects to generate about $16 in adjusted earnings per share this year, down significantly from its previous guidance, due to higher-than-expected utilization from its MA members. Humana is currently the second-largest MA insurer nationally, with 5,859,064 members.
Source: AIS’s Directory of Health Plans
