Thursday, March 21st 2019

HUM - Humana

Humana Inc. (NYSE:HUM was founded in 1961 by David A. Jones, Sr. and Wendell Cherry as Extendicare, a nursing home company. Ultimately they became the largest nursing home company in America.

They sold the chain of nursing homes and went into the much more lucrative business of acquiring hospitals in 1972, wherein they soon became the largest hospital company in the world. Now they're primarily a health insurance company

Operating in two major business sectors: Government and Commercial, Humana Inc. provides health and supplemental benefit plans for individuals, employers and government workers.

Humana has acquired over the last several years CarePlus Health, Corphealth Behavioral Healthcare, CHA Health, Compbenefits, KMG, OSF Healthplans, Metcare and Cariten.

The company is headquartered in Louisville, Kentucky.
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