Humana is expanding its primary care presence (see: Humana's Broussard calls latest primary care venture an 'expensive, complicated deal'). Below is an excerpt from this article describing this new initiative:
Humana's recently announced joint venture to launch senior-centric primary care clinics was far from easy or cheap....The clinics will be payer agnostic and operated by Humana’s primary care subsidiary, Partners in Primary Care....[The company CEO] was addressing a question about the acquisition as well as Humana's deal to acquire home health care provider Kindred at Home in 2018. It's part of Humana's shift from being an insurance company to a healthcare company. Humana also operates a mail-order pharmacy, has more than 300 owned or alliance primary care clinics and is building out its capabilities to address members' social determinants of health.... He also said it was crucial that the deals are payer agnostic and "that it’s not a slave of internal Humana."
Here are some details about Humana from Wikipedia (see: Humana):
Humana is a for-profit American health insurance company based in Louisville, Kentucky. As of 2014 Humana had over 13 million members in the U.S., reported a 2013 revenue of $41.3 billion, and had 41,600 employees. In 2018, the company ranked 56 on the Fortune 500 list, which made it the highest ranked (by revenues) company based in Kentucky. It has been the third largest health insurance in the nation.
For me, the take home message from the article above is that the third largest health plan in the U.S., Humana, is extending its presence in primary care, geriatric care, mail-order pharmacy, and hospital-at-home. If successful, this constitutes a "bookending" of the business model of our health systems. I made some similar points in a recent blog note (see: Hospital Outpatient Visits Drop for First Time; Long History of Similar Inpatient Declines). Below is a quote from it:
For me, the key question raised by the declining number of inpatient admissions and outpatient visits is the following: What steps can health systems take now to continue to succeed in our competitive and pluralistic healthcare delivery system?....The common theme [of the points raised] here is the enhancement of the consumer experience. These steps are necessary to staunch the loss of patients to other providers such as CVS, Walmart, and health plans like UnitedHealth (see: UnitedHealth Group Soon to Be Largest Employer of Doctors in the US).
My sense is that primary care and geriatric patients may be of lesser priority for some health systems despite the fact that "decisions made by primary care physicians influence almost 90% of total hospital costs through referrals, testing, and hospitalizations" (see: PCPs Responsible for Allocating About 90% of Total Hospital Costs). Contrariwise, health insurance companies like UnitedHealth and Humana are very attracted to these types of patients because of the opportunity to control the healthcare costs.