Trade Healthcare Services
Humana Inc. is a for-profit American health insurance company based in Louisville, Kentucky. As of 2020, Humana had more than 20 million members in the United States, registering revenues for 2019 of $56.9 billion and 46,000 employees. In 2020, the company ranked 52nd in the Fortune 500, making it the highest-ranked company (in terms of revenue) based in Kentucky. It was the third largest health insurance in the country. Health insurance company Aetna said on July 3, 2015, that it had agreed to acquire its smaller rival, Humana, for $37 billion in cash and shares, but withdrew from the deal after a court decision that the merger would be anti-competitive. Lawyers David A. Jones Sr. Wendell Cherry Was founded a nursing company at home in 1961. The company, known in 1968 as Extendicare Inc. became the largest home care company in the United States. In 1972, Jones and Cherry sold the nursing home chain, to buy hospitals. In 1974, the partners changed the company's name to Humana Inc. and the aim was to change the public perception of "storage" or treat people indifferently to provide a higher level of human care and, therefore, more humane care. It grew in the following years, both through business and in 1978 through the takeover of American company Medicorp, which doubled the size of the company, and grew to become the largest hospital company in the world in the 1980s. During this period, Humana developed a dual-aisle model for the construction of the hospital. This design has reduced the distance between patients and nurses by putting Nursing support services in the interior of the building with patient rooms surrounding the ocean.