Humana's New Healthcare Network for Employers in Wisconsin
Humana Inc. HUM recently announced the launch of a new healthcare network, named Wisconsin Value Network. This new network will present a premium quality health plan solution to employers in Wisconsin at a fairly reduced cost.
This Wisconsin Value Network will combine four major area healthcare systems – Ascension Wisconsin, Aurora Health Care, Bellin Health and ProHealth Care – into a single platform. This collaborative effort will facilitate Humana in delivering better service to its clients through an integrated healthcare network. Collectively, these four renowned hospitals will also support Humana in continuous delivery of its customized solutions at a much lower cost without compromising with the quality of service provided.
The employer groups in Wisconsin, which comprise roughly 2999 employees, are expected to be largely benefited by this unique provider network with innovative and cost-effective yet simple healthcare solution. Humana plans to begin quoting for Wisconsin Value Network on Oct 1, 2016. The coverage is expected to become effective from Jan 1, 2017.
The Kentucky-based, Zacks Rank #2 (Buy) health maintenance organization is one of the largest health care plan providers in the United States that remains focused on meeting the changing demands of its customers. Humana’s customer-centric approach has not only boosted its bottom line and market share, but also paved the way for long-term growth through several organic and inorganic strategies.
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Stocks to Consider
Investors keen on the Health Maintenance Organization industry can also consider stocks like UnitedHealth Group Inc UNH, WellCare Health Plans Inc. WCG and The Joint Corp JYNT. Along with Humana, all of these stocks also carry Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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