Welcome to our dedicated page for Humana news (Ticker: HUM), a resource for investors and traders seeking the latest updates and insights on Humana stock.
Humana Inc. (NYSE: HUM) is a U.S. healthcare company in the direct health and medical insurance carriers industry, with operations spanning insurance services and CenterWell health care services. News about Humana often centers on its Medicare Advantage and Medicaid activities, partnerships that expand care models, and initiatives that address social determinants of health and health equity.
Recent announcements highlight Humana’s focus on Medicare Advantage, including earnings guidance updates and investor communications disclosed through Form 8-K filings, as well as program-specific developments such as Humana USAA Honor Giveback plans that are designed with veterans’ needs in mind. These co-branded Medicare Advantage plans feature benefits like $0 copays for in-network primary care and in-network mental health services, Part B givebacks and coverage for dental, vision and hearing, while remaining available to any eligible Medicare beneficiary in the covered areas.
Humana news also reflects its emphasis on value-based care and integrated support for complex conditions. The company has announced a partnership with Atlas Oncology Partners to offer a coordinated oncology care model for eligible Humana Medicare Advantage members in Tennessee and Mississippi, bringing together interdisciplinary care teams, care coordination, psychosocial support and advanced supportive care. In parallel, CenterWell Senior Primary Care and Conviva Senior Primary Care have partnered with Thyme Care to provide continuous, oncology-focused support to eligible patients across several states.
Beyond insurance and clinical partnerships, Humana-related coverage includes updates from the Humana Foundation on research into loneliness among underserved boys and food insecurity among seniors, as well as community impact awards through Humana Healthy Horizons in Oklahoma to organizations addressing food, housing and employment needs. Visitors to this page can explore earnings-related updates, ratings actions from agencies such as AM Best, leadership transitions, philanthropic reports and community initiatives that illustrate how Humana combines insurance, care delivery and community investment.
Humana Inc. (HUM) has been named a Certified™ Great Place To Work® for the third consecutive year, based on employee feedback. 81% of employees rated Humana as a great workplace, surpassing the average company by 24 percentage points. Employees praised Humana's focus on well-being, work-life balance, and welcoming atmosphere. The company has implemented various initiatives, including its first Community Day and an improved Military-Connected Hiring Strategy. Humana has also received recognition on other prestigious lists, such as Fortune's Best Workplaces in Health Care™ and PEOPLE's 100 Companies That Care. This certification is expected to positively impact job seekers' perceptions and employee retention.
Humana Inc. (NYSE: HUM) has published a groundbreaking study in Health Affairs, conducted with Harvard University, on senior-focused primary care. The study, analyzing data from over 462,000 Medicare Advantage patients, reveals that senior-focused primary care organizations provide better access to care compared to traditional fee-for-service models. Key findings include:
- 17% more primary care visits for patients in senior-focused care
- 39% more visits for Black beneficiaries and 21% more for low-income beneficiaries
- Potential improvements in cancer screenings, medication adherence, and chronic disease management
This value-based care model, tailored to older adults' needs, shows promise in reducing health disparities and improving overall health outcomes for seniors, particularly those with chronic conditions and complex needs.
Humana Inc. (NYSE: HUM) has announced a new value-based kidney care program in partnership with Evergreen Nephrology. This initiative aims to enhance the quality of care and optimize health outcomes for individuals living with chronic kidney disease and end-stage kidney disease. Eligible Humana Medicare Advantage members will have access to a team of Evergreen professionals who will work alongside their nephrologist to provide personalized, comprehensive care.
The program is available in 17 states across the U.S. and focuses on delivering patient-centered care to improve health outcomes and quality of life. This collaboration aligns with Humana's commitment to value-based care, which incentivizes more holistic and efficient patient-centered approaches. With over one in seven Americans living with chronic kidney disease, this program represents a significant step towards expanding access to high-quality kidney care.
CenterWell Home Health, one of America's largest home health providers, has launched its 20th annual Food Fundraising Drive to combat food insecurity. The drive, running through Sept. 21, involves collecting food and funds for local food banks across 38 states. CenterWell is also partnering with Feeding America for online financial contributions.
Over the years, CenterWell Home Health has contributed more than 1.3 million meals to those in need. According to 2022 data, 7 million seniors aged 60+ face hunger due to food insecurity, representing 1 in 11 seniors or 8.7% of all seniors. The initiative aims to address the significant impact of food insecurity on seniors' health and nutrition.
Humana Inc. (NYSE: HUM) has been recognized as one of PEOPLE's '100 Companies That Care' for 2024, ranking 46th. The list honors companies that go above and beyond for customers, employees, and communities. 81% of Humana employees surveyed said it's a great place to work, while 86% felt good about the company's community contributions.
Humana recently held its first Community Day in Louisville, Kentucky, kicking off a nationwide 'Month of Impact' aiming to generate $10 million in collective impact to local communities. Activities included packing one million meals for distribution, cleaning up Waterfront Park, and providing nutrition education. The company was particularly praised for its support of military personnel, veterans, and their families.
Humana Inc. (NYSE: HUM) has announced that Chief Financial Officer Susan M. Diamond will present at the Wells Fargo Healthcare Conference on September 4, 2024, at 8:00 a.m. Eastern time. A live audio webcast of the presentation will be available on Humana's Investor Relations page at humana.com.
Humana, committed to prioritizing health for its teammates, customers, and company, offers insurance services through Humana and healthcare services via CenterWell. The company aims to improve the quality of life for people with Medicare, Medicaid, families, individuals, military service personnel, and communities at large.
Investors interested in the presentation are advised to sign on approximately 15 minutes early to allow time for system tests and software downloads if needed.
Humana is launching its inaugural Community Day on Aug. 21, marking the company's founding anniversary with a dedicated day of service in Louisville. This event kicks off a nationwide 'Month of Impact' aimed at generating $10 million for communities where Humana employees live and work.
The initiative includes:
- Assembling one million meal kits to address food insecurity
- Cleaning up Waterfront Park and water quality testing
- Supporting a nutrition-focused event at Norton Sports and Learning Center
Humana Foundation is contributing a $600,000 grant to transform a neglected area of Waterfront Park. The company's commitment to community impact extends beyond this event, with employees and the Foundation regularly supporting various initiatives. Humana aims to foster healthier communities and address social drivers of health through these efforts.
Humana Inc. (NYSE: HUM) has launched a refreshed military-connected hiring strategy and earned recognition as a Top Veteran-Friendly Employer and Top Veteran-Friendly Supplier Diversity Program by U.S. Veterans Magazine. The company, which administers health benefits for nearly 6 million active-duty military and retirees, has hired about 6,000 veterans and military spouses since 2011. Humana's new strategy includes:
1. A pledge to hire 2,000 military-connected employees by 2032
2. Retention goals of 75% in the first year, increasing to 90% for years 2-5
3. Adoption of the 4+1 plan for military spouse support
This initiative reflects Humana's commitment to creating an inclusive work environment that values veterans' skills and experiences.
Humana Inc. (NYSE: HUM) has announced that its Board of Directors has declared a cash dividend of $0.885 per share to stockholders. The dividend will be payable on October 25, 2024 to stockholders of record as of the close of business on September 30, 2024. Humana, committed to prioritizing health for its teammates, customers, and company, offers both Humana insurance services and CenterWell health care services. The company aims to improve the quality of life for people with Medicare, Medicaid, families, individuals, military service personnel, and communities at large.
CarePlus Health Plans has launched the CarePlus Community Navigator, a new platform to aid Floridians in accessing essential local resources. The platform addresses social determinants of health like food security, housing, and transportation. Users can find resources such as food banks, transportation options, and affordable housing. Initial data indicate 47% of searches are related to food security, 26% to housing, and 8% to transportation.
CarePlus President Steven Ruiz emphasized that this initiative aims to enhance health equity across Florida. The platform is part of a broader effort by CarePlus and its partners to use local health data to better serve the community. For more information, visit CarePlus Community Navigator.
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