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. (NYSE: HUM) has secured a four-year contract with the West Virginia Public Employee's Insurance Agency (PEIA) to continue providing health insurance for 54,000 Medicare-eligible retirees and their dependents starting January 1, 2022. This contract extends Humana's successful partnership with PEIA, which has been in place since 2010. Humana serves over 170,000 West Virginians through various health plans, emphasizing its commitment to quality care and support for retirees, ensuring they receive access to an extensive network of healthcare providers.
Humana Inc. (NYSE: HUM) has announced a definitive agreement to acquire One Homecare Solutions (onehome) from WayPoint Capital Partners. This acquisition aims to strengthen Humana's value-based home health strategy. Onehome specializes in coordinating home-based patient care services, including infusion and nursing support. The integration of onehome's assets will enhance Humana's capabilities in risk-based contracting and streamline service delivery for health plan members. The deal, expected to close in Q2 2021, is not anticipated to materially impact 2021 earnings.
Humana Inc. (NYSE: HUM) has partnered with League to develop a digital health and benefits platform aimed at improving the healthcare experience for millions of its Employer Group and Specialty insurance members. The platform will integrate benefit information, health resources, and support into one user-friendly application, enhancing personalized health journeys. League will manage ongoing enhancements, with the rollout planned for late 2021 and into 2022 across various markets. Humana's commitment to innovation aims to improve member health outcomes through this collaboration.
CenterWell Senior Primary Care is set to open six new senior-focused primary care centers in metro Atlanta throughout 2022, marking the company's entry into this market. The expansion aims to serve Atlanta's growing senior population, providing access to personalized healthcare with a dedicated team approach. CenterWell currently operates over 65 centers nationwide and plans to open 20 more in the upcoming year. Each new center will employ board-certified medical professionals and offer competitive salaries to approximately 60 new hires, enhancing local healthcare services.
CarePlus Health Plans, Florida's largest 5-star Medicare Advantage plan, has received the Excellence in Quality award from the Pharmacy Quality Alliance for outstanding medication management. CarePlus, a subsidiary of Humana (NYSE: HUM), is one of five Medicare Advantage Drug Plans in the U.S. to attain this 2021 honor. The award is based on achieving a 4.5-star Part D summary rating and 5-star ratings across all five PQA medication measures. The recognition reflects the dedication of CarePlus and its health care partners in serving over 185,000 members in Florida.
Humana Inc. (NYSE: HUM) will host a virtual Investor Day on June 15, 2021, starting at 9:00 a.m. Eastern. The event will feature presentations from company leaders discussing Humana's strategic direction, operational progress, and future performance expectations. Interested participants can access the webcast via Humana's Investor Relations page, with recommendations to log in 15 minutes early. A replay will be available later on the same site. Humana focuses on improving health outcomes and lowering costs for its medical and specialty members.
CenterWell Senior Primary Care is participating in a new federal population health program aimed at enhancing care for Original Medicare beneficiaries. Operating 67 primary care centers across eight states, CenterWell is expanding into a ninth state and joining the Direct Contracting Model to improve quality, health outcomes, and reduce costs. This model shifts reimbursement towards value-based care, allowing CenterWell to better serve over 200,000 seniors. The initiative aligns with Humana's commitment to integrated care, focusing on comprehensive patient needs rather than transactional healthcare.
Humana Inc. (NYSE: HUM) released its 2021 Bold Goal Progress Report, highlighting progress in its population health strategy aimed at improving community health since its launch in 2015. The report reveals that Humana successfully enhanced the health-related quality of life for Medicare Advantage members during 2020, despite pandemic challenges. Key findings include a reduction in unhealthy days for members in Bold Goal communities compared to non-Bold Goal areas, and over 1.1 million meals provided through the Basic Needs Program. Humana continues to expand its initiatives to 16 communities.
Humana Inc. (NYSE: HUM) announced that CEO Bruce D. Broussard will present at the Bernstein Conference on June 4, 2021, at 8:00 a.m. Eastern time. Investors can access a live audio webcast of the presentation via Humana's Investor Relations page. The company encourages participants to join 15 minutes early for system checks. Humana is dedicated to improving health and well-being through integrated care solutions, supporting a diverse range of members including those on Medicare and military personnel.
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