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. (HUM) is a leading health insurance provider specializing in government-sponsored healthcare programs and integrated wellness solutions. This dedicated news hub provides investors and industry professionals with timely updates on corporate developments, financial performance, and strategic initiatives shaping the healthcare sector.
Access authoritative information through verified press releases covering earnings announcements, Medicare Advantage plan expansions, Medicaid service updates, and partnerships in primary care innovation. Track regulatory filings related to prescription drug plans and pharmacy benefit management services critical to HUM's operations.
Key updates include insights into value-based care models, military health program (TRICARE) enhancements, and advancements in at-home healthcare services. All content is sourced directly from company communications to ensure accuracy for financial analysis and market trend evaluation.
Bookmark this page for streamlined access to HUM's latest operational milestones and healthcare industry leadership updates. Check regularly for objective reporting on developments impacting one of America's largest managed care organizations.
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.
Humana is expanding its Medicare Advantage offerings in Benton, Walla Walla, and Franklin counties during the 2021 Annual Election Period (AEP) from October 15 to December 7, 2020. New options include the Humana Gold Plus HMO plan effective January 1, 2021, complementing existing plans. Members will access various healthcare providers, including Kadlec Regional Medical Center and Providence Health System. The plans provide affordable alternatives to Original Medicare, featuring benefits like low premiums, co-payments, and worldwide emergency coverage.
CarePlus Health Plans, a subsidiary of Humana, is enhancing access to preventive healthcare by mailing in-home screening kits to eligible Medicare Advantage members in Florida. The kits focus on colorectal cancer screening and diabetes management, allowing members to complete tests at home and mail them back. This initiative aims to improve health outcomes, particularly during the COVID-19 pandemic, with additional support measures such as flu shot encouragement and waived out-of-pocket costs for behavioral health services.
