An analyst has praised Humana’s recent pick of Andrew Agwunobi, M.D., to become president of the firm’s Home Solutions business.
“Humana values integrated care and provides health insurance, pharmacy benefit management and primary care services in a coordinated fashion, whenever possible, to end users,” Julie Utterback, Morningstar healthcare analyst, told McKnight’s Home Care Daily Pulse. “Agwunobi appears likely to focus on spreading this integrated approach in Humana’s home-based assets to help deliver better outcomes at lower costs to end users.”
Agwunobi, interim president of the University of Connecticut and former CEO of the UConn Health System, will become president of the Humana division on Feb. 21.
“Andy is just the person we need for this critical Humana role leading our Home Solutions business,” Humana President and CEO Bruce Broussard said in a press release this week. “He has a real passion for care in the home. He has been responsible for a home healthcare organization as part of an integrated system. He has extensive operational experience with for-profit and nonprofit organizations, and he’s a doctor – he understands the value of care in the home, why seniors want more of it, and our vision at Humana for making it much easier for people to get the care they need at home.”
The addition of Agwunobi comes at a pivotal time for Humana. Last summer, the Louisville, KY-based company completed its acquisition of home health and hospice firm Kindred at Home, which it is transitioning into its CenterWell brand. Broussard told investors at a Goldman Sachs healthcare conference two weeks ago he believes as much as 30% of healthcare will soon be delivered in the home as the industry moves more towards value-based care, which ties compensation to patient outcomes.
Agwunobi led in the development of value-based care at UConn Health and said in a press release he’ll leverage that experience to help Humana lower costs by focusing on patient health outcomes through at-home care.
He also could help Humana navigate healthcare policy, particularly at the state level. He previously served as the secretary for the Florida Agency for Health Care Administration, overseeing the state’s $16 billion healthcare administration budget.