Datapoint: Humana to Shutter SeniorBridge

Humana Inc. will wind down most of its SeniorBridge home care business by the end of the year, according to a Nov. 28 report in the South Florida Business Journal. Humana acquired SeniorBridge — which offers services at 23 centers in nine states — in 2012, but the insurer is now opting to dial down its home-care operations as part of a previously disclosed “value creation initiative” that involves implementing cost-cutting measures and focusing on Medicare Advantage. Humana is the second-largest MA insurer in the U.S., serving 5,069,182 lives.

Source: AIS’s Directory of Health Plans

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