Saturday, May 2, 2020

Kindred Got One Mention in Humana Earnings Call


Strange Tony,

Humana CEO Bruce Broussard mentioned Kindred at Home one time in the Q1 earnings call with Wall Street analysts.  He said:

"Kindred has been adversely impacted by the virus, in particular, as new home health admissions slowed dramatically.

He did mention the home several times during the call and offered this:

I also would say home is continuing to be an area where we're seeing a lot more interest in and the ability to provide more acute services. Those services that are primary care services that would normally be in an office setting, even getting to having a hospital in the home area, even a step [Phonetic] in the home.  

Broussard said Humana would apply analytics to determine these areas.  Analytics brought our hospice a computer system that rips off staff for hours worked and miles driven.  

During a time when people are perishing Humana's executives made not one mention of hospice.

Anonymous 

2 comments:

  1. Humana is concerned about social isolation and loneliness. One might expect this to extend to Kindred at Home employees. Sadly it does not. Employees are isolated, ignored, overworked due to bad systems that create significant busywork, not appreciated (much less rewarded).

    https://finance.yahoo.com/news/humana-papa-uber-health-join-120000285.html

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  2. Unfortunately Humana's focus on employee well being does not extend to Kindred at Home.

    Our hospice has no nurses or office staff left from pre-Humana/financial rapscallion ownership. The competent, talented people were riffed or left on their own.

    I would not characterize the remaining people as resilient. More like co-dependent in a dysfunctional relationship.

    https://finance.yahoo.com/news/humana-annual-report-employee-well-170000598.html

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