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. (symbol: HUM) is a leading private health insurer in the United States, with a primary focus on Medicare Advantage plans. The company has carved out a significant niche in the healthcare market by specializing in government-sponsored programs. Nearly all of Humana's medical memberships come from individual and group Medicare Advantage plans, Medicaid, and the military's Tricare program. This makes it a pivotal player in providing health insurance solutions to a diverse segment of the population.
In addition to its core insurance offerings, Humana is a frontrunner in stand-alone prescription drug plans, particularly for seniors enrolled in traditional fee-for-service Medicare. This is part of their broader commitment to ensuring comprehensive healthcare accessibility for all members.
Humana continuously strives to innovate and improve its services, recognizing that healthcare needs are dynamic and vary among individuals, families, and communities. The company's cultural foundation is deeply rooted in helping members achieve optimal health by delivering personalized and simplified healthcare experiences. Their array of services includes not only medical insurance but also primary-care services, at-home healthcare services, and pharmacy benefit management.
The company's recent achievements and current projects reflect its commitment to holistic health solutions. Through CenterWell, Humana provides the latest updates and resources aimed at helping people live their healthiest lives on their terms, whenever and wherever they need it.
Humana's employees are central to its mission. The company has built an organization of dynamic talent, whose experience and passion are focused on putting the customer first. This dedication is evident in their innovative approach to healthcare, which continuously adapts to meet evolving needs.
With its strong financial condition and strategic partnerships, Humana is well-positioned to continue its leadership in the healthcare industry. Whether you are an investor looking for reliable stock performance or a member seeking high-quality healthcare services, Humana remains a standout choice.
Humana Inc. (HUM) reported strong 1Q23 earnings with a GAAP EPS of $9.87, up from $7.29 in 1Q22. Adjusted EPS rose to $9.38 from $7.81, driven by robust membership growth in the individual Medicare Advantage sector, which is projected to grow by at least 775,000 members, a 17% increase year-over-year. The company raised its FY 2023 EPS guidance to 'at least $27.88' on a GAAP basis and 'at least $28.25' adjusted. Total revenues for 1Q23 reached $26.74 billion, up from $23.97 billion a year earlier, supported by favorable inpatient utilization trends. Humana's operating cash flow showed significant improvement, reaching $6.69 billion, largely due to adjustments in premium payment timings.
Humana Inc. (NYSE: HUM) has declared a cash dividend of $0.885 per share, scheduled for payment on July 28, 2023, to shareholders of record as of the close of business on June 30, 2023. This dividend reflects the company's commitment to returning value to its shareholders while supporting its mission to improve healthcare for its members. Humana continues to focus on integrated care solutions, including in-home services and data analytics, which aim to enhance health outcomes and reduce costs. The company remains dedicated to its diverse members, including those in Medicare and military service.
Humana Inc. (NYSE: HUM) and the University of North Florida (UNF) are expanding the Meals on Wings program to the University of Kentucky and Lehman College. This initiative aims to combat food insecurity among older adults by providing meal assistance. The program addresses malnutrition, which affects nearly one in 12 seniors, potentially worsening chronic conditions and overburdening healthcare systems. Beginning summer 2023, the program will deliver two meals weekly to over 100 older adults in Kentucky and 30 seniors in the Bronx. This expansion reflects Humana's commitment to enhance meal security for vulnerable populations in Florida, Kentucky, and New York.
Humana Inc. (NYSE: HUM) announced a new $40 million investment, raising its total commitment to affordable housing to
Humana Inc. (NYSE: HUM) is donating
CEO Bruce Broussard expressed the profound impact of the tragedy on the community, emphasizing the need for healing and recovery. The funding will assist organizations that provide equitable access to mental health services and trauma support, reflecting the Humana Foundation's commitment to health equity.
A Community Crisis Support Line has been activated, offering 24/7 professional emotional support for all U.S. residents. This initiative aligns with Humana's broader mission to foster health equity and community well-being.
FAQ
What is the current stock price of Humana (HUM)?
What is the market cap of Humana (HUM)?
What is Humana Inc.'s primary focus?
What types of healthcare services does Humana provide?
Who are Humana's primary members?
How does Humana innovate in healthcare delivery?
What is CenterWell?
Why is Humana a significant player in healthcare?
How does Humana support its mission through its employees?
What sets Humana apart from other health insurers?
What recent achievements has Humana made?
How does Humana's cultural foundation influence its operations?
