Humana

From Free net encyclopedia

Humana, Inc. is a Fortune 200 company based in Louisville, Kentucky. It markets health benefits. It has about 9 million members nationwide.

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History

The company was founded by David Jones and Wendell Cherry as a nursing home company in 1961. The company, called Extendicare, moved into purchasing hospitals in 1968, becoming the world's largest hospital company in the 1980s.

In 1984, Humana began offering heath insurance through its Humana Health Care Plans.

In 1985, Humana brought the pioneering artificial heart research of Dr. Robert Jarvik and Dr. William DeVries to Louisville, creating the Humana Heart Institute.

In 1993, Humana spun-off its hospital operations from the health insurance operations. The new company was called Galen Health Care Inc. Soon after, Galen merged with Columbia/HCA.

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