Humana - HUM STOCK NEWS

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.

CarePlus Health Plans, Florida’s largest Medicare Advantage plan with a 5-star rating, is set to open its first Community Center in Winter Haven in early June. The 6,000 sq. ft. center will serve as a health and wellness resource for the community and will host activities aimed at seniors and Medicare-eligible individuals. The center aims to combat social isolation and improve community health, offering free health education and fitness classes. This initiative marks CarePlus's commitment to enhancing the lives of its members and the broader Polk County community.

Humana Healthy Horizons, the Medicaid division of Humana Inc. (NYSE: HUM), has partnered with No Kid Hungry, committing $1.75 million to combat childhood hunger in America. The initiative aims to sustain healthier communities by providing grants to schools and organizations, along with food education and resources. Targeting seven states, including Florida and Texas, this program addresses immediate needs resulting from increased hunger rates due to the COVID-19 pandemic. Humana emphasizes its mission alignment with No Kid Hungry to significantly impact families in need.

The Humana Foundation has announced a $5.4 million investment in eight Southeastern U.S. communities to tackle social determinants of health, aiming for health equity. This funding is part of its Strategic Community Investment Program, which focuses on enhancing financial asset security, food security, and employment opportunities. Key projects include funding for Kingsley House in New Orleans and food initiatives in Baton Rouge and Tampa. These strategic investments will be evaluated over three years, potentially allowing for continued funding based on success.

AM Best has revised the outlooks for Humana Inc. (HUM) and its health subsidiaries to stable from positive while affirming the Financial Strength Rating (FSR) of A- and Long-Term Issuer Credit Ratings of 'a-'. This includes the Humana Health Group and Humana Health of Puerto Rico Group. The change reflects increased financial leverage following the planned acquisition of Kindred at Home for $5.7 billion. Although Humana's balance sheet remains strong, AM Best is concerned about the integration risk and the financial impact of this acquisition on the company's long-term leverage targets.