Humana Partners With HealthStream to Boost Indiana Home-Care Workforce

M&A · Partnership
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Summary · why it matters

Humana's Medicaid managed care plan, Humana Healthy Horizons, is teaming up with HealthStream in Indiana to strengthen the state's home-care workforce. Under the initiative, Humana is sponsoring 1,000 Home Health Aide scholarships to help remove financial barriers for people entering the caregiving field. The program uses HealthStream's Career Network to reach rural and underserved communities, and Humana is also deploying HealthStream's CoachUp Care platform, predictive analytics and training tools to help providers recruit and retain caregivers. The collaboration targets high caregiver turnover, as home-care providers have an average annual turnover rate of 77%, while Humana says trained home-care aides are more than twice as likely to remain employed after three months and 64% more likely to stay after six months than workers without comparable training. Early results show 81% of participating providers achieving above-average caregiver retention, with providers that improved retention reporting an average 43% increase.

Impact on stocks 4

Aging Population▲ · 2 stocks
Humana Inc
HUM
▲ PositiveDemandrelevance

Humana sponsors 1,000 scholarships and deploys training tools to improve caregiver retention, directly benefiting its Medicaid plan.

Cloud & Digital Infrastructure▲ · 1 stocks
HealthStream Inc
HSTM
▲ PositiveDemandrelevance

HealthStream's Career Network and CoachUp Care platform are used in Humana's initiative, expanding its services and market reach.

Health Care▲ · 1 stocks

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