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Stock impact report

Former Humana CEO Bruce Broussard joins Define Ventures as venture partner [Fortune]

Acacia Research Corporation (ACTG) 
Last acacia research corporation earnings: 8/8 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: acaciaresearch.com/investor-relations
Company Research Source: Fortune
It was only by chance that, while in an early consulting job out of college, he started working on health care-related projects. It stuck: Broussard went on to become CFO, then CEO and chairman at US Oncology (acquired by McKesson in 2010). Starting in 2013, he served as the CEO and president of Humana, among the largest U.S. publicly traded benefits providers. Over the course of Broussard's decade-long tenure, Humana's market cap went from around $15 billion in 2013 to over $30 billion this year. I asked Broussard, since he'd know: What does it actually take to change health care? “I'd say there's two things in health care that I look at that create structural change,” he said. “One is the payment model—in health care, following the economics is important. The second is in technology, and the ability to evolve technology to be more proactive in care. Then, in addition, the ability to really simplify the care model and the experience inside health care.” Broussard will now have an Show less Read more
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