[WorldKings - Wowtimes - Almanac Events & Achievements 2023] Advances in Humana Inc.'s 62 years of operation in the health insurance industry. (1961)


(worldkings.org) 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, which made it the highest ranked (by revenues) company based in Kentucky. It is the fourth-largest health insurance provider in the U.S.

The company’s milestones:

1959: David A Jones Sr. and H. Wendell Cherry meet during Jones’ job interview at Wyatt, Grafton & Sloss law firm.

1961: Jones and Cherry build a nursing home called Heritage House.

1968: Heritage House business renamed Extendicare and goes public.



1972: Jones and Cherry sell nursing homes to focus on running hospitals.

1974: The company was renamed Humana.

1978: The company doubled in size through the acquisition of the No. 2 chain, American Medicorp.

1982: Construction begins on 26-story headquarters at 500 W. Main St.



1984: Dr. William C. Devries successfully implants JARVIK-7 artificial heart in William Schroeder at Humana Audubon Hospital. It’s the world’s second permanent artificial-heart implant in a human being.

1993: Humana founded Humana Military Healthcare Services (HMHS) as a wholly owned subsidiary. They were awarded their first TRICARE contract in 1995, and began serving military beneficiaries in 1996.

2005: Humana entered into a business partnership with Virgin Group, offering financial incentives to members for healthy behavior, such as regular exercise.

2006: The Centers for Disease Control and Prevention (CDC) and Humana Inc. partnered to expand on traditional private-sector approaches to population health management.



2022: The Department of Defense announced the award of the managed care support contract for the TRICARE East Region to Humana Military.

 According to en.wikipedia.org; courier-journal.com. Source of photos: internet 

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