Humana Inc. - HUM STOCK NEWS

The South Carolina Department of Health and Human Services has added Humana Inc. (NYSE: HUM) to its Healthy Connections Medicaid and Prime programs, enabling the company to serve Medicaid recipients in South Carolina. Enrollment for new Medicaid members will start on July 1, 2021, followed by Prime members on January 1, 2022. Humana currently serves 425,000 members in the state and provides coordinated benefits through Medicare Advantage and TRICARE. This partnership aims to enhance health coverage options for residents, particularly amid the ongoing COVID-19 pandemic.

Older Adults Technology Services (OATS) and the Humana Foundation have released a report highlighting the digital isolation crisis among U.S. seniors, revealing that nearly 22 million older Americans lack broadband access at home. The report underscores the need for digital health tools and launches the Aging Connected initiative, aiming to connect at least one million seniors to high-speed internet by 2022. Key findings include correlations between digital disengagement, race, and socioeconomic status, emphasizing the importance of public-private partnerships for closing the connectivity gap.

Humana Inc. (NYSE: HUM) announced the winners of its 2020 Go365 National Step Challenge, engaging over 42,000 participants who logged 8.6 billion steps, equating to one million meals donated to Feeding America. Teams competed in divisions based on size, with meals donated in amounts of 30,000, 15,000, or 5,000 meals for winning teams. The initiative highlights Humana's commitment to community health and wellness while addressing food insecurity. Participants also earned Points towards rewards in the Go365 program for their activity.

Monogram Health has expanded its partnership with Humana Inc (NYSE: HUM) to provide care coordination services for Medicare Advantage and commercial health plan members with chronic kidney disease (CKD) or end-stage renal disease (ESRD) in Alabama and Tennessee. This agreement builds on existing services in Louisiana and Mississippi. The initiative aims to enhance patient care through personalized plans, medication compliance, and education on treatment options, ultimately improving health outcomes for affected patients.

Partners in Primary Care, a subsidiary of Humana (NYSE: HUM), announced plans to expand its operations significantly in 2021, aiming to open up to 20 new centers. This follows the successful launch of 15 centers in 2020, bringing the total to nearly 80 centers nationwide, with expectations to reach about 100 by 2023. The organization serves approximately 57,000 patients, focusing on senior care and personalized health services. Notably, its care model has demonstrated lower hospital readmission rates and increased patient engagement even during the pandemic.

Humana Inc. (NYSE: HUM) appointed Dr. Nwando Olayiwola as Senior Vice President and Chief Health Equity Officer, effective April 5, 2021. In her new role, she will enhance health equity strategies across Humana's operations, addressing disparities magnified by the COVID-19 pandemic. Dr. Olayiwola brings over 20 years of experience and has a notable background in public health and medicine. She will work to integrate cultural sensitivity into Humana's offerings and collaborate with healthcare communities to advance health equity for diverse populations.

Humana Healthy Horizons, part of Humana Inc. (NYSE: HUM), announced a commitment of over $2.5 million to support COVID-19 relief efforts in Texas. This includes over $1 million directed towards community organizations such as Accessible Housing Austin!, YMCA of Metropolitan Dallas, and Communities In Schools of Texas, enhancing resources for low-income families and children. Additionally, the Humana Foundation contributed over $1.5 million to various local organizations, emphasizing Humana's commitment to improving community health and well-being amid the ongoing pandemic.

Humana Inc (NYSE: HUM) has announced partnerships with major Ohio community organizations to tackle social determinants of health, such as food and housing insecurity, exacerbated by the COVID-19 pandemic. Recent investments total nearly $500,000, building on over $1.6 million previously dedicated to COVID-19 recovery. Key initiatives include support for local food banks and affordable housing projects, emphasizing Humana's commitment to enhancing community health outcomes. With nearly 568,000 Ohioans insured through various Humana plans, the company continues to strengthen its presence and impact in the region.

Humana Inc. (NYSE: HUM) is set to release its fourth quarter 2020 financial results on February 3, 2021, at 6:30 a.m. Eastern time. A conference call will follow at 9:00 a.m. to discuss the results and earnings guidance for 2021. Participants can join the call by dialing 888-625-7430 or access a webcast via Humana's Investor Relations page. The earnings release will include non-GAAP financial measures, with reconciliations provided. Humana aims to enhance health outcomes and reduce costs through integrated care for its members.