"Improving Healthcare and Promoting Sustainability: Humana's New Agreement and ESG Commitments"

Ben H.

Ben H.

Sep 06, 20233 min read

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"Improving Healthcare and Promoting Sustainability: Humana's New Agreement and ESG Commitments"

Introduction:

In recent news, Humana Inc., a leading health and well-being company, has announced a new value-based care agreement with Interwell Health. This agreement aims to expand comprehensive care for Humana Medicare Advantage HMO and PPO members living with chronic kidney disease (CKD), as well as members across the country living with end-stage kidney disease (ESKD). Simultaneously, Humana has released its 2022 ESG Report, highlighting the firm's commitment to creating a more sustainable, inclusive, and growing future for all.

Connecting the Dots:

At first glance, it might seem unrelated for a healthcare company like Humana to release an ESG report. However, when we dig deeper, we can find common points between these two initiatives. Both the agreement with Interwell Health and the ESG report reflect Humana's dedication to improving healthcare outcomes and promoting sustainable practices.

1. Enhancing Healthcare for Chronic Kidney Disease Patients:

Humana's collaboration with Interwell Health demonstrates the company's commitment to providing comprehensive care for individuals living with CKD and ESKD. By implementing value-based care strategies, Humana aims to improve the quality of life for its members while reducing costs. This aligns with the firm's purpose of creating positive, enduring change by prioritizing the well-being of its members.

2. Sustainable and Inclusive Growth:

Humana's ESG report emphasizes the firm's aspiration to accelerate sustainable and inclusive growth. By partnering with their clients, Humana seeks to make a direct and measurable impact on the environment and society. This commitment to sustainability aligns with the broader goals of the ESG movement, which aims to create a more equitable and environmentally conscious future.

Unique Insights:

Humana's dual focus on healthcare and sustainability offers unique insights into the evolving landscape of corporate responsibility. By addressing both the immediate needs of patients with chronic kidney disease and the broader challenges of sustainability, Humana demonstrates a holistic approach to societal impact.

Actionable Advice:

  • 1. Prioritize Value-Based Care: As individuals and as a society, we should advocate for healthcare systems that prioritize value-based care. By shifting the focus towards outcomes and quality of life, we can ensure better healthcare experiences for patients while optimizing resource allocation.
  • 2. Embrace ESG Principles: Companies across industries should adopt ESG principles and integrate them into their business strategies. By aligning financial goals with social and environmental considerations, businesses can create long-term value while contributing to a more sustainable and inclusive world.
  • 3. Collaborate for Impact: Partnerships and collaborations, like the one between Humana and Interwell Health, play a crucial role in driving positive change. By working together, organizations can leverage their unique strengths and resources to tackle complex challenges more effectively.

Conclusion:

Humana's new agreement with Interwell Health and its commitment to ESG principles showcase the company's dedication to improving healthcare outcomes and promoting sustainability. By prioritizing value-based care and embracing ESG principles, both individuals and businesses can contribute to a more inclusive and sustainable future for all. Let us strive for a world where healthcare is holistic, and companies prioritize their impact on society and the environment.

Resource:

  1. "Humana Announces New Agreement with Interwell Health That Expands Comprehensive Care for Members Living with Chronic Kidney Disease", https://www.businesswire.com/news/home/20230823360604/en/Humana-Announces-New-Agreement-with-Interwell-Health-That-Expands-Comprehensive-Care-for-Members-Living-with-Chronic-Kidney-Disease (Glasp)
  2. "2022 ESG Report: Creating a more sustainable, inclusive, and growing future for all ", https://www.mckinsey.com/about-us/social-responsibility/esg-report-overview (Glasp)

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