Humana’s Broussard Calls Latest Primary Care Venture an ‘Expensive, Complicated Deal’

Humana’s recently announced joint venture to launch senior-centric primary care clinics was far from easy or cheap, CEO Bruce Broussard said while speaking at a healthcare conference. Discussing a range of topics, the chief of the Louisville, Kentucky-based insurance giant was asked about the company’s recent $600 million deal with New York-based private equity firm Welsh, Carson, Anderson & Stowe. The clinics will be payer agnostic and operated by Humana‚Äôs primary care subsidiary, Partners in Primary Care. “For the private equity individuals in the audience, it was an expensive, complicated deal,” Broussard said at the 26th Annual Wharton Health Care Business Conference. Broussard said the company is focused on improving outcomes through primary care and ease of access into the home. While Humana is strong at executing and making improvements, he said, it doesn’t want to “suffocate the innovation.”

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Source: https://www.fiercehealthcare.com/payer/humana-s-bruce-broussard

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