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.
AM Best has assigned long-term credit ratings to Humana's recently filed shelf registration, including “bbb-” for senior unsecured issues and “bb+” for subordinated issues. The outlook is positive and reflects strong financial leverage at 33.3% as of year-end 2020. Humana’s earnings have been robust, bolstered by increased Medicare Advantage membership, and the company maintains a strong earnings coverage ratio of approximately 17 times. Existing ratings for Humana and its subsidiaries remain unchanged.
Humana Inc. (NYSE: HUM) unveiled its new brand, CenterWell, aimed at consolidating its payer-agnostic health care services. The initial focus will be on its senior-centric primary care facilities, transitioning from 'Partners in Primary Care' and 'Family Physicians Group' to CenterWell Senior Primary Care. With rapid growth, the brand encompasses 41 existing centers and plans to open more across multiple states. CenterWell emphasizes a holistic approach to senior health, catering to their unique needs while ensuring a personalized care experience.
Humana (NYSE: HUM) and the University of Houston have launched a Value-based Care Specialization online program aimed at enhancing understanding and application of value-based care in health care. This fully online program includes six courses with a capstone project, available globally via Coursera. Humana emphasizes the importance of value-based care, especially in light of challenges posed by COVID-19, stating that providers in such agreements were better positioned financially during the pandemic. The initiative aligns with Humana’s growing presence in value-based care, supporting over 2.7 million members.
Conviva, a subsidiary of Humana, has announced the acquisition of a South Florida primary care physician network, adding 12 health care centers and over 200 staff members, including 40+ healthcare professionals. This acquisition enhances Conviva's strategy of holistic health management for seniors, expanding its payer-agnostic primary care centers to over 170 nationwide. Under Dr. Rajendra Bansal's leadership, the new addition is recognized for quality care. Patients can expect continuity in their care experience, while Conviva aims to improve health outcomes and decrease medical expenses.
Humana Inc. (NYSE: HUM) has announced that Bruce D. Broussard, President and CEO, will present at the Barclays Healthcare Conference on March 9, 2021, at 8:00 a.m. Eastern time. Investors can access a live audio webcast of the presentation through Humana’s Investor Relations page, encouraging attendees to log in 15 minutes early for system checks. Humana is committed to enhancing healthcare quality for its members through integrated care solutions, supporting healthcare professionals with resources like in-home care and data analytics.
Humana Military announced the appointment of Alefiyah Mesiwala, M.D., MPH, as Chief Medical Officer, effective March 15. Reporting to Brent Densford, she will lead medical management and clinical operations for the TRICARE contract. Humana Military has partnered with the Defense Health Agency for 25 years, assisting six million beneficiaries in achieving improved health outcomes and reduced costs. Dr. Mesiwala brings extensive experience in value-based care, having served at UPMC Health Plan and the White House, where she advanced health care policy initiatives.
Mercy and Humana Inc. have announced a partnership to enhance virtual health resources for Humana Medicare Advantage members. This initiative aims to provide better care options amidst the ongoing challenges of the COVID-19 pandemic. The agreement expands patient access to Mercy’s network of over 4,000 clinicians across several states and is built on a value-based care model, linking payments to quality of care rather than service quantity. Key offerings include access to Mercy Virtual, providing 24/7 care and innovative patient-centric solutions.
Humana Inc. (NYSE: HUM) has announced that Brian A. Kane, CFO, will present at the Cowen Health Care Conference on March 2, 2021, at 10:30 a.m. ET. The presentation will be accessible via a live audio webcast on Humana’s Investor Relations page. Participants are advised to log in 15 minutes prior to the session for system checks. Humana focuses on improving health outcomes for diverse populations through integrated care solutions, including in-home care and pharmacy services. More details regarding the company can be found on humana.com.
CarePlus Health Plans, Florida's largest Medicare Advantage plan, has partnered with Sharecare to enhance health management for its members. The collaboration aims to empower CarePlus members in improving their health through Sharecare’s digital platform, which includes the RealAge test and personalized action plans. All CarePlus plans now provide access to Sharecare, allowing members to track health goals and redeem rewards for healthy activities at no extra cost. This initiative reflects CarePlus's commitment to supporting Medicare beneficiaries with innovative healthcare solutions.
Humana Inc. (NYSE: HUM) has elected Marcy S. Klevorn and Jorge S. Mesquita to its board of directors, increasing the total to 14 members. Klevorn, with a 36-year career at Ford, brings expertise in digital innovation and corporate governance. Mesquita, formerly with Johnson & Johnson and Procter & Gamble, contributes extensive experience in consumer insights and brand development. These appointments aim to enhance Humana's technology, analytics, and consumer capabilities, ultimately improving healthcare experiences for members and providers.
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