LYCOS RETRIEVER 
Humana: Companies
built 634 days ago
Humana Inc. said it reached a $40 million settlement with representatives of more than 700,000 doctors who claim they were underpaid for treating patients. The company, one of a number of insurers that have settled with the doctors, announced the settlement agreement in a release distributed by PRNewswire. The settlement must be approved by U.S. District Judge Federico Moreno.
Source:
To reflect the company's new direction, the corporate name was changed to Humana Inc. in 1974. Humana experienced tremendous growth in the years that followed, both organically and through the takeover of American Medicorp Inc. in 1978, which doubled the company's size. During the mid-1970s, the company used a fast-track construction process to complete and open one hospital a month. This accelerated construction schedule, which compressed time by overlapping processes, allowed Humana to develop hospital projects faster than the industry norm. During that construction boom, Humana developed the double corridor model for hospital construction. This highly efficient design minimized the distance between patients and nurses by placing nursing support services in the interior of the building with patient rooms surrounding the perimeter.
Source:
This meeting is presented with assistance from PA Consulting Group, Wipro, Whirlpool, Best Buy, Humana, and NetCentrics. The opening session, "Transformational Information," will feature Larraineine Segil, Partner, Vantage Partners, LLC. "The Customer as Key Partner in Innovation" will be explored by Mark J. Barrenechea, Executive Vice President, Technology Strategy, Chief Technology Architect, Computer Associates; Joseph Anthony, Founder and Chief Executive Officer, Vital Marketing; Murray Martin, President and Chief Operating Officer, Pitney Bowes; and Frederick L. Kitson, Vice President & Director, Applications, Content & Services, Research Center, Motorola Labs. The session will be moderated by Diane Hessan, President and Chief Executive Officer, Communispace Corporation. The luncheon session, "Leadership of Growth and Innovation," will feature Ben Horowitz, President and Chief Executive Officer, Opsware Inc. "New Business Models for Innovation" will be examined by Gary Stach, Executive Director, Alliance Management, Eli Lilly and Company, and Kurt Schilling, Vice President, Advanced Technologies, Johnson & Johnson Consumer & Personal Products Worldwide. The session will be moderated by Gene Slowinski, Director, Strategic Alliance Research, Graduate School of Management, Rutgers University.
Source:
Humana Inc., headquartered in Louisville, Kentucky, is one of the nation's largest publicly traded health benefits companies, with approximately 7 million medical members located primarily in 19 states and Puerto Rico. Humana offers coordinated health insurance coverage and related services -- through traditional and Internet-based plans -- to employer groups, government-sponsored plans, and individuals.
Source:
Humana Inc., headquartered in Louisville, Kentucky, is one of the nation's largest publicly traded health benefits companies, with approximately 5.8 million medical members located primarily in 15 states and Puerto Rico. Humana is one of Florida's largest health benefits providers with more than 320,000 health plan members statewide, and more than 230,000 Medicare members in Florida.
Source:
Humana Inc. said that it expected to take fourth-quarter charges of $175 million to $225 million, and that it had lowered its earnings estimate to 34 to 36 cents a share, exclusive of special items, from 58 cents a year earlier. Humana said the after-tax charges were a result of dividing into two separate companies and a decline in operating results.
Source:
MORE ABOUT
Companies