Businessweek

iatric medicine, internal medicine, ophthalmology, neurology, and podiatry. The company owns Metropolitan Health Networks, Inc. (Metropolitan) and a noncontrolling equity interest in MCCI Holdings, LLC (MCCI). Metropolitan and MCCI are Medical Services Organizations (MSOs) that coordinate medical care for Medicare Advantage beneficiaries and Medicaid recipients, primarily in Florida and Texas. The Metropolitan and MCCI transactions are expected to provide the company with components of an integrated care delivery model that has demonstrated scalability to new markets. Integrated wellness services: Corphealth, Inc. (doing business as LifeSynch), a Humana subsidiary, offers care management services through a suite of integrated products, integrating behavioral health services with wellness programs, and employee assistance programs and work-life services. LifeSynch’s integrated wellness services include Hummingbird Coaching, a wellness coaching company that offers a turn-key coaching program, an enhancement to a medically based coaching protocol and a platform that makes coaching programs more efficient. HumanaVitality, LLC, a joint venture with Discovery Holdings Ltd., provides its members with access to a science-based, actuarially driven wellness and loyalty program that features a range of well-being tools and rewards that are customized to an individual’s needs and wants. A key element of the program includes a health-behavior-change model supported by an actuarially sound incentive program. Home Care Services: Home care services include the operations of SeniorBridge Family Companies, Inc. (SeniorBridge) and Humana Cares. As a chronic-care provider of in-home care for seniors, the company provides holistic care coordination services for individuals living with multiple chronic conditions, individuals with disabilities, fragile and aging-in-place members and their care givers. The company focuses its deployment of these services in geographies, such as Florida, with a high concentration of members living with multiple chronic conditions. Other Businesses Military Services: Under its TRICARE South Region contract with the United States Department of Defense (DoD), the company provides administrative services to arrange health care services for the dependents of active duty military personnel and for retired military personnel and their dependents. Three health benefit options are available to TRICARE beneficiaries. In addition to a traditional indemnity option, participants may enroll in an HMO-like plan with a point-of-service option or take advantage of reduced copayments by using a network of preferred providers, similar to a PPO. The company has participated in the TRICARE program under contracts with the DoD. In 2012, the company began delivering services under a new TRICARE South Region contract that the DoD TRICARE Management Activity (TMA), awarded to the company. Under the new contract, the company provides administrative services, including offering access to its provider networks and clinical programs, claim processing, customer service, enrollment, and other services, while the federal government retains all of the risk of the cost of health benefits. The company’s TRICARE South Region contract covered approximately 3,123,900 eligible beneficiaries as of December 31, 2012 in Florida, Georgia, South Carolina, Mississippi, Alabama, Tennessee, Louisiana, Arkansas, Texas, Oklahoma, and Kentucky (the Fort Campbell area only). The company has subcontracted with third parties to provide selected administration and specialty services under the contract. The new 5-year South Region contract, which expires March 31, 2017, is subject to annual renewals on April 1 of each year during its term at the government’s option. The TMA has notified the company of its intent to exercise its option to extend the TRICARE South Region contract through March 31, 2014. Medicaid: Medicaid is a federal program that is state-operated to facilitate the delivery of health care services primarily to low-income residents. Each electing state develops, through a state-specific regulatory agency, a Medicaid managed car