The investment strategy of Humana Ventures is to leverage the core assets of Humana Inc. to capitalize on the convergence of the Internet with the constantly evolving health care industry. We believe that our position as one of the nation's largest health solutions organizations, provides a unique vantage point to view the entire $1.5 trillion health care system, enabling us to identify the most promising investment opportunities. The ability to view a solution from the eyes of a customer as well as an investor provides competitive advantage, which increases the likelihood for success. Strategic partnerships with strong, innovative management teams are essential to the success of this strategy.

Given the fragmented nature of America's health care financing and delivery system, we believe there are many opportunities for innovative entrepreneurs to create solutions to the challenges we face. Similar solutions are often sought by other participants in the health care system, making the creation of rapidly growing, commercially viable, enterprises possible. The healthcare system as a whole, faces the formidable challenge of getting the right information to the right people (physicians and consumers) at the right time to ensure the best diagnostic and treatment decisions. We believe that more informed decisions result in improved quality of care and in turn lead to improved member satisfaction and more effective use of resources.

Areas of investment focus are consistent with Humana's vision to become the most trusted name in health solutions. In pursuit of this vision, Humana provides access to affordable, high quality healthcare solutions that improve health and peace of mind using digital technology and clinical knowledge. Accordingly, we prioritize partnership opportunities in healthcare services, connectivity, and medical informatics. Computer applications that help turn data into clinical knowledge are also high priorities, as are tools that add to the richness of the relationships among Humana and its members, customers, brokers and provider partners.