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Humana Veterans Healthcare Services awarded Project Hero Demonstration

Department of Veterans Affairs selects HVHS to administer healthcare in Four Veterans Integrated Service Networks

Category:

Wednesday, October 10, 2007 1:02 pm EDT

Dateline:

LOUISVILLE, Ky.

Public Company Information:

NYSE:
HUM

LOUISVILLE, Ky.--(BUSINESS WIRE)--Humana Inc. (NYSE: HUM) announced today that Humana Veterans Healthcare Services (HVHS) was awarded the Department of Veterans Affairs (VA) Project Hero demonstration contract to support healthcare delivery to veterans in Veterans Integrated Service Networks (VISNs) 8, 16, 20 and 23.

Under the terms of the award, HVHS will have the opportunity to serve veterans in Arkansas, Florida, Idaho, Iowa, Louisiana, Minnesota, Mississippi, Nebraska, North Dakota, Oklahoma, Oregon, South Dakota, Washington; and portions of Alabama, California, Georgia, Kansas, Illinois, Missouri, Montana, Texas, Wisconsin and Wyoming. HVHS will work with local VA officials to deliver timely access to high quality, cost-effective care, for the veteran population in the affected areas. The contract is comprised of one base period and four one-year option periods.

We are honored to be chosen by the U.S. Department of Veterans Affairs to meet the health care needs of our nations veterans," said Al Poteet, HVHS' president and chief executive officer. As a veteran and former member of the Department of Veterans Affairs team, I look forward to developing a collaborative partnership with the VA to help manage the quality and cost of health care services for such a deserving population.

Drawing on Humanas substantial government experience in Medicare and TRICARE, HVHS will offer an extensive array of resources and services. Among the clinical offerings will be behavioral health, diagnostic, dialysis, medical and surgical services. Availability of these services will improve the ability of VAs patient-focused health care system to care for the Departments enrolled veterans.

About HVHS

HVHS, headquartered in Louisville, KY, is a subsidiary of Humana Military Healthcare Services. The company was formed in 2007 to develop solutions to veterans healthcare issues. It provides an organizational structure that is flexible, agile, and responsive to the emerging requirements of the Department of Veterans Affairs (VA) and the veterans who rely on VA services.

About Humana

Humana Inc., headquartered in Louisville, Kentucky, is one of the nations largest publicly traded health benefits companies, with approximately 11.3 million medical members. Humana offers a diversified portfolio of health insurance products and related services through traditional and consumer-choice plans to employer groups, government-sponsored plans, and individuals.

Over its 46-year history, Humana has consistently seized opportunities to meet changing customer needs. Today, the company is a leader in consumer engagement, providing guidance that leads to lower costs and a better health plan experience throughout its diversified customer portfolio.

More information regarding Humana is available to investors via the Investor Relations page of the companys web site at http://www.humana.com, including copies of:

  • Annual reports to stockholders;
  • Securities and Exchange Commission filings;
  • Most recent investor conference presentations;
  • Quarterly earnings news releases;
  • Replays of most recent earnings release conference calls;
  • Calendar of events (includes upcoming earnings conference call dates and times, as well as planned interaction with research analysts and institutional investors);
  • Corporate Governance Information.

Contact:

Humana Military Healthcare Services
Julie Ice, 502-301-6982
jice@humana.com