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A Humana spokesperson said the company was still working with WakeMed to reach a resolution. In the meantime, Humana said it would work with the impacted members to find new in-network providers.
Several Medicare Advantage Plan contracts with Humana lapsed on Oct. 31 after weeks of tense conflict. For patients covered by these plans, WakeMed could remain out-of-network “well into 2024 ...
Last fall, the two entities failed to reach a new contract which caused Humana-insured patients to lose their in-network access to Baptist Health Medical Group providers, the Courier Journal ...
Humana Inc. Humana Inc. is a for-profit American health insurance company based in Louisville, Kentucky. In 2023, the company ranked 42 on the Fortune 500 list, [2] which made it the highest ranked (by revenues) company based in Kentucky. It is the fourth largest health insurance provider in the U.S. [3]
The term managed care or managed healthcare is used in the United States to describe a group of activities intended to reduce the cost of providing health care and providing American health insurance while improving the quality of that care ("managed care techniques"). It has become the predominant system of delivering and receiving American ...
v. t. e. In the United States, an independent practice association ( IPA) is an association of independent physicians, or other organizations that contracts with independent care delivery organizations, and provides services to managed care organizations on a negotiated per capita rate, flat retainer fee, or negotiated fee-for-service basis.
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