Under President and CEO Bruce Broussard, Humana Inc. is investing in technology and infrastructure so it can offer more competitive health insurance products—and focus more on value-based care.
“Over the last several years, and particularly throughout 2017, we’ve committed to productivity initiatives designed to promote operational excellence, accelerate our strategy, fund critical initiatives and advance our growth objectives,” Broussard said last week in the company’s third quarter earnings call.
The Louisville, Ken.-based firm is in improvement mode since its merger last year with Aetna Inc. did not work out. Earnings were better than expected, and for 2018, Broussard is confident about the continued strong performance of Humana’s individual Medicare Advantage business.
Humana is also partnering with health care providers to support their transition to value-based care, including making investments in payer-agnostic care coordination technology and analytics capability that enable providers to be successful in the value-based models, Broussard said.
“Throughout 2017, we have been oriented to improving the productivity of the organization,” he said. “There’s a continued need to invest in the business for long-term competitive positioning, whether it’s in technology or it’s in areas that are building capabilities, like in our provider area or even in our home (healthcare) area, which helps us with clinical outcomes.”
Broussard is No. 55 on Chief Executive and RHR International’s CEO1000 Tracker, a ranking of the top 1,000 public/private companies.
President and CEO (Since January 1st, 2013), Humana
Previous position and company: CEO of McKesson Specialty/US Oncology
Start date at previous company 2000
First Position at Previous Company: Chief Financial Officer
Age: 55
Education: BBA from Texas A&M and an MBA from the University of Houston
*External, came from McKesson so changed some of the info
Chief Executive Group exists to improve the performance of U.S. CEOs, senior executives and public-company directors, helping you grow your companies, build your communities and strengthen society. Learn more at chiefexecutivegroup.com.
0
1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns. They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning. Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process. This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented. If you are ready for a Strategic Planning tune-up, select this workshop in your registration form. The additional fee of $695 will be added to your total.
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.
