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.
The Humana Foundation is awarding $1.7 million to nonprofit organizations in Louisville through its Community Partners Program, aimed at enhancing health equity. Since 2018, the program has distributed over $8 million to local nonprofits tackling social determinants of health. The 2021 funding focuses on small, BIPOC-led organizations addressing issues like food security, education, and access to care. Organizations awarded funding range from $50,000 to $250,000, with a deadline for additional applications set for July 23.
Humana Inc. (NYSE: HUM) has announced plans to hire up to 200 virtual, seasonal Enrollment Representatives in San Antonio, Texas. This initiative aligns with the Medicare Advantage and Prescription Drug Plan open enrollment period from Oct. 15 to Dec. 7, 2021. Seasonal roles can lead to full-time opportunities and offer competitive compensation with potential retention bonuses of up to $1,000. Applications are now open online, and candidates are encouraged to have customer service experience and proficiency in Microsoft Office.
Humana Inc. (NYSE: HUM) has entered into a multi-year agreement with Montefiore Health System, effective July 1. This partnership enables Humana's Medicare Advantage members to access Montefiore's extensive network, including 10 hospitals and over 200 outpatient sites, supported by approximately 4,000 physicians and 5,450 nurses across the Bronx, Westchester, and Hudson Valley. This collaboration aims to enhance healthcare access and improve the well-being of the Medicare population, aligning with both organizations' commitment to community health and quality care.
Humana Inc. (NYSE: HUM) is hiring up to 200 seasonal Enrollment Representatives in the Louisville area as part of its Medicare Advantage and Prescription Drug Plan open enrollment, which runs from Oct. 15 to Dec. 7, 2021. These positions, lasting six months or less, will be home-based for applicants living within a 50-mile radius of Louisville. Competitive compensation includes an hourly rate and a retention bonus of up to $1000. Virtual interviews will start this month, with positions beginning between late August and October. Humana collaborates with community organizations for recruitment.
Humana was ranked No. 1 among Health Insurers for customer experience in Forrester’s 2021 US CX Index™ survey, based on feedback from over 85,000 respondents. This recognition highlights Humana's excellence in clear communications and pricing transparency. The survey, conducted annually, shows that brands focused on customer experience report faster revenue growth and higher loyalty. Improvements in customer experience can lead to significant revenue gains by reducing churn and acquisition costs. Vicki Perryman emphasized Humana’s commitment to customer-centric services.
Signify Health (SGFY) and Humana (HUM) collaborate with the Alamo Area Community Network (AACN) to enhance resources for Humana Medicare Advantage members in San Antonio. This initiative focuses on connecting members with essential services like food, transportation, and financial aid, thus supporting Humana's six-year Bold Goal journey to tackle health-related social needs. The AACN comprises over 40 organizations committed to addressing social determinants of health (SDOH). Their cooperative efforts aim to closely integrate clinical and social health services.
Humana Inc. (NYSE: HUM) has appointed Susan Diamond as the permanent Chief Financial Officer, following her interim role. Diamond's extensive experience includes leadership in the Medicare segment and overseeing the significant acquisition of Kindred at Home for $5.7 billion, Humana's largest acquisition. This decision aligns with Humana's strategic focus on enhancing its home health business, a key component of its overall strategy. Additionally, a new Office of Home Solutions will be established to support this transformation, while a national search for a new Segment President will begin.
Humana Inc. (NYSE: HUM) will announce its second quarter 2021 financial results on July 28, 2021, at 6:30 a.m. Eastern time. A conference call will follow at 9:00 a.m. to discuss these results along with 2021 earnings guidance. Interested parties can participate by dialing 888-625-7430 or joining the webcast via Humana's Investor Relations page. The earnings release is anticipated to contain non-GAAP financial measures, which will be reconciled to GAAP figures in the announcement. More details and archives will be accessible online after the event.
Humana Inc. (NYSE: HUM) has launched new eco-friendly packaging for temperature-sensitive medications delivered through Humana Pharmacy. The biodegradable packaging, made from expanded polystyrene (EPS) resins, decomposes over 90% within four years. It includes non-toxic refrigerant gel packs that are safe for disposal. Humana's commitment to environmental sustainability reflects a recognition of the connection between health and the environment. Customers have only recently begun receiving these new packages.
CenterWell Senior Primary Care will open four new senior-focused care centers in South Louisiana by early 2022, enhancing healthcare access for seniors in Denham Springs, Hammond, Covington, and Slidell. CenterWell, a rapidly expanding provider, serves around 57,000 patients across more than 65 centers. This year, 20 new centers are anticipated. The new sites will offer a holistic approach to care, staffed by board-certified professionals. Approximately 30 new hires are expected to support operations, with positions offering competitive salaries. For more details, visit CenterWell's website.
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