Humana Commits to Value Based Care Case Study Solution

Humana Commits to Value Based Care

Case Study Solution

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BCG Matrix Analysis

In May 2017, Humana (HUM) announced plans to move towards value-based care as a means of achieving better health outcomes for its members, customers, and shareholders. In a move that challenges the conventional healthcare model, the company said it was investing up to $7 billion in digital technologies and creating a group of 450 new jobs across eight locations. It also announced its plans to add value-based care to its strategy, with the goal of improving patient outcomes and increasing healthcare affordability.

Problem Statement of the Case Study

In 2016, Humana’s annual financial results indicated that revenue growth would slow from its recent highs. The company recognized that the key to its future growth lay in the company becoming a value-based healthcare provider. this hyperlink According to Humana’s CEO Greg Conley, the company was taking “a more deliberate, purposeful and structured approach” to the value-based care mission. This approach included three strategies that Humana was adopting: (1) moving to value-based care through its in-network accountable care

SWOT Analysis

Humana committed to value based care in the early 2010s, and today it is one of the largest value-based care providers in the US. The company is in the business of enhancing healthcare efficiency, promoting the patient’s well-being, and increasing revenue growth. As a matter of fact, Humana’s commitment to value-based care has helped it win more than 50 awards, including the prestigious J.D. Power Value Mature Award in 2020 and 20

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Case Study Analysis

In 2017, Humana announced a significant change in its strategy. The company committed to a new approach to delivering healthcare—one that focuses on helping patients improve their health and managing their health care costs. The company’s new strategy, based on this shift, was dubbed “Value Based Care”—a term that describes a shift in thinking from traditional fee-for-service models that focused solely on providing care at the point of delivery, to one where providers are more focused on managing health outcomes to reduce costs for the

Porters Five Forces Analysis

Amid growing interest in value-based care, Humana, one of the largest health insurers, has committed to the new approach for the first time. click here now In December 2014, the company announced it would stop offering insurance plans that do not include a set price, as part of a new approach aimed at keeping more expensive health care costs down. “The focus of the plan is to help our customers be a part of their own care,” [Michael Caputo] said in a statement. “We’re working with our provider networks to

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