Humana was founded in 1961 by David Jones and Wendell Cherry as Extendicare. The company was originally a nursing home company.
In 1972, the company began investing in hospitals and eventually become the largest hospital company in the world.
In 1974, the company name was changed to Humana Inc.
In 1978, the company acquired American Medicorp Inc. This acquisition doubled the size of the company.
In the 1980s, the company began to offer health insurance.
In 1993, the hospital division of the company was spun off as Galen Health Care.
In 2006, the company launched RightSource, a mail-order pharmacy business.
Today, Humana is one of the largest health insurance providers in the US. The company currently serves over 11 million customers.
In September 2022, Morgan Stanley stated that Humana could be the top retail Medicare Advantage Prescription Drug Plan.
In October 2022, the company announced that it would donate $13 million to improve mental health services for veterans, children, and the elderly.
Humana maintains a corporate office in Louisville, Kentucky.
Humana was founded in 1961 by David Jones and Wendell Cherry as Extendicare. The company was originally a nursing home company.
In 1972, the company began investing in hospitals and eventually become the largest hospital company in the world.
History
In 1974, the company name was changed to Humana Inc.
In 1978, the company acquired American Medicorp Inc. This acquisition doubled the size of the company.
In the 1980s, the company began to offer health insurance.
In 1993, the hospital division of the company was spun off as Galen Health Care.
In 2006, the company launched RightSource, a mail-order pharmacy business.
Today, Humana is one of the largest health insurance providers in the US. The company currently serves over 11 million customers.
In September 2022, Morgan Stanley stated that Humana could be the top retail Medicare Advantage Prescription Drug Plan.
In October 2022, the company announced that it would donate $13 million to improve mental health services for veterans, children, and the elderly.
Humana maintains a corporate office in Louisville, Kentucky.