Humana Buys 2 Companies to Improve Senior Care Expertise

By wmadministrator

LOUISVILLE-based Humana Inc. continues to expand its healthcare system with the recent acquisition of Anvita Health, a healthcare analytics company, and SeniorBridge, a New York-based company that provides in-home care for seniors, particularly those with multiple chronic conditions.

“SeniorBridge fills a growing market need and is consistent with Humana’s focus on delivering clinical care for seniors in their homes,” said Humana Chairman and CEO Michael B. McCallister. “Acquiring SeniorBridge will immediately expand Humana’s existing clinical capabilities with the addition of SeniorBridge’s national network of 1,500 care managers. The company does a terrific job of reducing hospital readmissions and emergency-room utilization, all while helping seniors achieve lifelong well-being.”

As the baby boomer generation ages into Medicare, the 65-plus population is expected to grow from more than 40 million today to 55 million by 2020 and 72 million by 2030, according to the figures released by the U.S. Commerce Department. In addition, a medical expenditures survey conducted by the Robert Wood Johnson Foundation found that some 73 percent of Americans age 65 or older had two more chronic conditions.

Humana’s acquisition of Anvita further solidifies a partnership that has been in place since 2010. The San Diego-based company focuses on helping its clients improve healthcare quality while also identifying cost savings. Humana already uses Anvita’s Insight engine to identify members’ gaps in care and drug-safety concerns.

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