Humana Taps Provider-Savvy Exec to Be Its Next CEO
Humana Inc. on Oct. 11 revealed that Bruce Broussard, who has been its CEO since 2013, will step down next year and be replaced by Jim Rechtin, the current CEO of private equity-owned physician staffing company Envision Healthcare Corp.
On the surface, choosing Rechtin to succeed Broussard could raise some eyebrows, since Envision just announced a deal that will allow the firm to emerge from Chapter 11 bankruptcy. And in recent years, major staffing firms like Envision have been at odds with insurers — in fact, Envision in May was awarded $91 million by an arbitration panel in a dispute with UnitedHealthcare over alleged underpayment for medical care.
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