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Bruce Broussard
Strategic Advisor, Humana Inc

Humana CEO on healthcare provider shortages

🎥 Jun 13, 2022 📺 CNBCTelevision ⏱ 1m
CNBC's Jim Cramer spoke with Humana CEO Bruce Broussard on Monday's episode of "Mad Money." For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi  » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stor...
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About Bruce Broussard

In a June 2022 interview, Broussard acknowledged a staffing problem in healthcare, stating, "We do have a staffing problem." He attributed the shortage to a "significant amount of individuals going out of the system" and rising demand, noting that many providers retired during the COVID-19 pandemic. Broussard described the shortage as "a great opportunity because it is also a barrier to entry" and said the ability to use technology to assist providers in practicing "at the top of their license" remains an opportunity. In a 2019 interview, Broussard discussed Humana's approach to digital health, describing it as an effort to integrate services for members from a "personalized" and "simple navigation" point of view. He said Humana chose Boston for its health technology talent and agile product development, where customers are brought in to help design products. On drug costs, Broussard said the government can help by creating competition and regulating prices in certain areas, but he encouraged competition to foster innovation. He also expressed support for a maximum out-of-pocket expense, noting Humana already offers that in its Medicare Advantage product.

Source: AI-verified profile updated from Bruce Broussard's recent appearances. Browse all interviews →

Transcript (8 segments)
I
Interviewer0:10
Economy slows down more people, you know, get the Fed raising rates that you may have less of a staffing problem.
B
Bruce Broussard0:17
We do have a staffing problem.
I
Interviewer0:20
I know.
B
Bruce Broussard0:20
We have the largest home health company.
I
Interviewer0:23
And that Kindred. I think that's really good, but can you get the help you need?
B
Bruce Broussard0:28
We can get it. We're getting it. It is still a challenge. And I have considered the provider side of the equation, the shortage will continue to be the case. We saw a significant amount of individuals going out of the system, and in addition we continue to see the demand rising as a result of all the needs of health care. But I think it's a great opportunity because it is also a barrier to entry.
I
Interviewer0:53
Where did they go? I ask everybody this.
B
Bruce Broussard1:10
Ability to use technology to really assist them but for them to practice at the top of their license, and in addition it's a great opportunity for us as an organization.