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Humana
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===1961β1983: Nursing homes and hospitals=== Lawyers David A. Jones Sr. and [[Wendell Cherry]] founded a [[nursing home]] company in 1961.<ref>{{Cite web|last=Larson|first=Chris|date=February 20, 2020|title=Major Humana investor sheds half of its holdings in the company|url=https://www.bizjournals.com/louisville/news/2020/02/20/major-humana-investor-sheds-half-of-its-holdings.html|website=Louisville Business First|access-date=April 26, 2024|archive-date=February 13, 2023|archive-url=https://web.archive.org/web/20230213085510/https://www.bizjournals.com/louisville/news/2020/02/20/major-humana-investor-sheds-half-of-its-holdings.html|url-status=live}}</ref> The company, known in 1968 as Extendicare Inc., became the largest nursing home company in the United States. In 1972, Jones and Cherry sold the nursing home chain to purchase [[hospitals]].<ref name=biz>{{cite web|author1=Steve Ivey and Ed Green|title=Humana's history has been one of recognizing opportunities|url=http://www.bizjournals.com/louisville/print-edition/2011/11/11/humanas-history-has-been-one-of.html?page=all|publisher=American City Business Journals|access-date=March 23, 2015|date=November 11, 2011|archive-date=April 2, 2015|archive-url=https://web.archive.org/web/20150402205754/http://www.bizjournals.com/louisville/print-edition/2011/11/11/humanas-history-has-been-one-of.html?page=all|url-status=live}}</ref> In 1974, the partners changed the corporate name to Humana Inc.<ref name=biz/> The name was meant to change public perception from 'warehousing' or indifferently treating people to providing a higher level of human care and, by extension, more humane care.<ref>{{cite book|url=https://books.google.com/books?id=nhd0aQe0YH0C&q=humana|title=Kiss & Sell: Writing for Advertising: (Redesigned & Rekissed)|first=Robert|last=Sawyer|date=August 16, 2006|publisher=AVA Publishing|via=Google Books|isbn=9782940373468|access-date=November 28, 2020|archive-date=April 26, 2024|archive-url=https://web.archive.org/web/20240426162015/https://books.google.com/books?id=nhd0aQe0YH0C&q=humana#v=snippet&q=humana&f=false|url-status=live}}</ref> It grew in the following years, both by business and in 1978 through the takeover of American Medicorp Inc.,<ref>{{Cite news|url=https://www.nytimes.com/1977/12/22/archives/twa-plans-offer-for-medicorp-shares-medicorp-takeover-planned-by.html|title=T. W. A. Plans Offer For Medicorp Shares|last=Cole|first=Robert J.|date=December 22, 1977|newspaper=The New York Times|issn=0362-4331|access-date=January 24, 2017|archive-date=August 13, 2017|archive-url=https://web.archive.org/web/20170813011203/http://www.nytimes.com/1977/12/22/archives/twa-plans-offer-for-medicorp-shares-medicorp-takeover-planned-by.html|url-status=live}}</ref> which doubled the company's size, and grew into the world's largest hospital company in the 1980s.<ref>{{Cite web|url=http://www.huffingtonpost.com/peter-dreier/humana-profits-over-peopl_b_327311.html|title=Humana: Profits Over People|first1=Peter|last1=Dreier|date=March 18, 2010|website=The Huffington Post|access-date=January 24, 2017|archive-date=February 2, 2017|archive-url=https://web.archive.org/web/20170202023146/http://www.huffingtonpost.com/peter-dreier/humana-profits-over-peopl_b_327311.html|url-status=live}}</ref> During this period, Humana developed the double corridor model for hospital construction. This design minimized the distance between patients and nurses by placing nursing support services in the interior of the building with patient rooms surrounding the perimeter.{{Citation needed|date=April 2008}}
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