Humana Inc. - HUM STOCK NEWS

Humana Inc. (NYSE: HUM) will have its CEO, Bruce D. Broussard, present at the Goldman Sachs Annual Healthcare CEO Conference on January 5, 2021, at 3:20 p.m. ET. A live audio webcast of this presentation will be accessible via Humana's Investor Relations page, where attendees are encouraged to join 15 minutes early for system checks and necessary downloads. Humana focuses on improving health and lowering costs through integrated care, supporting professionals with resources for effective healthcare delivery.

Humana Inc. (NYSE: HUM) announced nearly $1 million in grants to six nonprofit organizations in Oklahoma to support urgent community needs amid the pandemic. The funding aims to address areas such as youth services, healthcare, and education. Recipients include the Oklahoma Alliance of Boys & Girls Clubs, Latino Community Development Agency, March of Dimes, Oklahoma Primary Care Association, Southern Plains Tribal Health Board, and Volunteers of America Oklahoma. Humana emphasizes its commitment to improving health and well-being in the state, providing Medicare Advantage plans and TRICARE health program services.

Humana Inc (NYSE: HUM) is expanding its value-based program portfolio with the launch of the Primary Care First (PCF) model, set to begin on July 1, 2021. This initiative aims to provide coordinated primary care for members of certain Medicare Advantage plans across the contiguous U.S. and Washington, D.C. The model, developed by the CMS Innovation Center, includes prospective capitated payments for primary care providers based on quality metrics. Humana currently supports over 2.7 million Medicare Advantage and commercial members through value-based relationships.

Humana Inc. (NYSE: HUM) is set to acquire the remaining 50% stake in Wisconsin health care company iCare from its co-owner Centers for Independence, Inc. The joint venture, established in 1994, currently serves 44,000 members through Medicaid and Medicare programs. This acquisition will enhance Humana's Medicaid membership to over 730,000 across four states. With this move, Humana aims to deepen its community presence in Wisconsin and leverage its capabilities to better serve Medicaid recipients. Financial terms of the transaction have not been disclosed.

Humana Inc. (NYSE: HUM) and Prime Accountable Care West have signed an agreement allowing Medicare Advantage HMO members in Las Vegas and Henderson greater access to medical care. Effective January 1, 2021, members will have 120 new primary care providers at 42 Prime West locations. This value-based care agreement enhances Humana's existing arrangements with Prime West, emphasizing improved health outcomes and patient experiences. Humana supports over 4.5 million Medicare Advantage members with a focus on integrated care.

Humana Inc. (NYSE: HUM) has partnered with St. Luke’s Health Partners to establish a new value-based care agreement effective January 1, 2021. This initiative aims to enhance care for Humana’s Medicare Advantage HMO members by emphasizing personalized healthcare and improved health outcomes. Key features include more time with healthcare professionals, proactive health screenings, and a focus on managing chronic conditions. Currently, Humana has over 4.5 million Medicare Advantage members and collaborates with 67,000 primary care physicians in value-based relationships.

CarePlus Health Plans and Orlando Family Physicians have formed a partnership to enhance primary care offerings for Medicare Advantage members in Central Florida. Effective November 1, 2020, this collaboration allows members to access Orlando Family Physicians' network, which includes 18 medical centers and over 61 healthcare professionals. This announcement coincides with Medicare's Annual Enrollment Period, running from October 15 to December 7. CarePlus aims to provide more options and quality care to its members, reinforcing its commitment to improve healthcare access.

CarePlus Health Plans has partnered with Orlando Family Physicians to enhance healthcare options for Medicare Advantage members in Central Florida, effective Nov. 1, 2020. This agreement expands access to Orlando Family Physicians' 18 medical centers and over 61 healthcare professionals during the Medicare Annual Enrollment Period, running from Oct. 15 to Dec. 7. CarePlus, recognized as Florida's largest Medicare Advantage plan with a 5-star rating for 2021, aims to improve member health through this collaboration, aligning with their mission of quality care.

The Humana-Mays Healthcare Analytics 2020 Case Competition concluded with Alexander Kondziolka and Jonathon Thierer from The Wharton School winning the $40,000 first-place prize. Over 700 master's students from 70+ universities participated, competing for a total of $70,000 in prizes. The competition focused on addressing social determinants of healthcare, particularly transportation challenges affecting Medicare members. Humana's Chief Digital Health and Analytics Officer highlighted the importance of analytics in identifying high-risk members during COVID-19.