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.
Texas A&M University's Mays Business School and Humana Inc. have launched the 2024 Humana-Mays Healthcare Analytics Case Competition. This nationwide competition, now in its eighth year, offers master's students from AACSB-accredited programs a chance to tackle real-world healthcare business problems. Teams of 2-4 students compete for a total prize package of $90,000, with the first-place team winning $50,000.
The virtual competition is open to all U.S. accredited institutions and focuses on showcasing students' analytical talents. Judging criteria include quantitative analysis, professionalism, data visualization, and the ability to provide meaningful recommendations. Key dates include team registration by September 27, with final presentations and winners announced on November 14.
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.
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