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Humana pulled out of the acquisition after United stock dropped $2.9 billion in value. [9] In 2001, Humana was a cofounder of Avality. [10] In 2005, Humana entered into a business partnership with Virgin Group, offering financial incentives to members for healthy behavior, such as regular exercise. [11]
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In 2011, the firm formed Centurion, a provider of correctional health care services, as a joint venture with MHM Services. [6] In 2018, it acquired MHM Services, including its stake in Centurion. [6] Centene began offering state-run Medicaid programs through Affordable Care Act exchanges in 2014. [7]
While Concentra is currently the product of a number of mergers, the original company was OccuSystems Inc., founded in Amarillo, Texas by Dr. Richard Rhem in 1979. [2] After completing his residency and moving to Buffalo, Wyoming to practice family medicine for three years, he opened a practice in the underserved Amarillo, which he thought presented an opportunity. [2]
In 1995, The Associated Group acquired Community Mutual Insurance, a provider of Blue Cross and Blue Shield insurance plans in Ohio with over 1.9 million policy holders), then set up Anthem Blue Cross and Blue Shield. [16] [17] In 1996, The Associated Group changed its name to Anthem Insurance Company. [17]
Humana to Open Mail-Order Pharmacy Facility in Irving, Texas Company expects to create up to 620 new jobs at facility in next three years IRVING, Texas--(BUSINESS WIRE)-- Humana Inc. (NYS: HUM ...
WellCare began operations in 1985 in Tampa, Florida as a Medicaid provider for the State of Florida. [5] In 1992, Kiran Patel, a cardiologist and entrepreneur, purchased the company. [6] [7] In 2002, Patel sold it to a New York investment group led by George Soros and Todd Farha. [7] Also in 2002, Todd Farha joined the company as CEO. [8] [9]
In 1999, CDI purchased executive headhunting firm Humana International, further expanding its mid-level management search and recruitment services through the addition of Humana's 136 franchised offices in Europe and Asia. [2] In 2001, Mitch Wienick announced his retirement and Roger H. Ballou was elected as CDI's new president and CEO. [2]