Approach To Community Health Improvement Discussion
Question
What is the business case for Humana’s approach to community health improvement?
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Humana’s approach to community health improvement is based on the belief that addressing the social determinants of health is essential to improving health outcomes and reducing healthcare costs. The business case for this approach is multi-fold:
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1. Improved Health Outcomes: By addressing social determinants of health, such as food insecurity, transportation barriers, and housing instability, Humana can improve the overall health outcomes of its members. This can lead to reduced healthcare costs and improved quality of life for members. 2. Cost Savings: Addressing social determinants of health can also lead to cost savings for Humana. By addressing these factors, Humana can reduce healthcare utilization and the associated costs, such as emergency room visits and hospitalizations.
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3. Enhanced Member Experience: By addressing social determinants of health, Humana can improve the overall member experience. Members are more likely to be satisfied with their healthcare experience when they feel that their healthcare provider is addressing their broader health needs. 4. Differentiation: Humana’s approach to community health improvement can also differentiate the company in the marketplace. By focusing on the social determinants of health, Humana can position itself as a leader in value-based care and population health management.
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- 5. Social Responsibility: Finally, Humana’s approach to community health improvement is consistent with the company’s commitment to social responsibility. By addressing social determinants of health, Humana can have a positive impact on the communities it serves and contribute to a more equitable healthcare system.
Final answer
In summary, Humana’s approach to community health improvement has significant business benefits, including improved health outcomes, cost savings, enhanced member experience, differentiation, and social responsibility Approach To Community Health Improvement Discussion