Humana - HUM STOCK NEWS

Cano Health and Humana are launching seven new health centers in San Antonio and Las Vegas for Medicare and Humana Medicare Advantage populations. In San Antonio, four new centers will be located at 7031 Marbach Road, 100 South Zarzamora Street, 6623 South Zarzamora Street, and 2925 West Avenue. The three new centers in Las Vegas are at 2031 East Lake Mead Blvd, 4463 West Charleston Blvd, and 3265 B East Tropicana Avenue. These centers aim to provide value-based, personalized care for seniors, emphasizing comprehensive and proactive health management.

Humana Inc. (NYSE: HUM) has entered into agreements with Prime Healthcare to provide in-network access for most Humana Medicare Advantage and commercial plan members at two hospitals in Kansas. The agreements enhance access for various Humana members, including those in Preferred Provider Organization (PPO) and Health Maintenance Organization (HMO) plans. This includes Providence Medical Center and Saint John Hospital. Terms of the agreement were not disclosed. This collaboration aims to improve patient care and health outcomes in the greater Kansas City area.

Humana Inc. (NYSE: HUM) and Northwell Health have entered a five-year agreement to enhance health care services in the New York metropolitan area. This partnership leverages Northwell's clinical expertise and Humana's Medicare Advantage leadership to introduce new healthcare products. Starting January 1, 2021, the agreement will offer a new Northwell retiree product and expand existing clinical initiatives, including Northwell’s House Calls program. This collaboration aims to improve healthcare delivery for vulnerable populations while reducing emergency room visits and healthcare costs.

Humana Inc. (NYSE: HUM) announced that Chief Financial Officer Brian A. Kane will present at the Credit Suisse Healthcare Conference on November 11, 2020, at 9:30 a.m. ET. Investors can access the live audio webcast on Humana’s Investor Relations page, with a recommendation to log in 15 minutes early for system checks. Humana is dedicated to enhancing the health of its members through integrated care, supporting healthcare professionals and offering various clinical resources. More details are available on humana.com.

Humana Inc. (NYSE: HUM) reported significant financial results for 3Q20, with GAAP revenues rising to $20.08 billion, up from $16.24 billion in 3Q19. The company achieved diluted EPS of $10.05 compared to $5.14 last year. Key drivers included increased member utilization and crisis relief efforts during the COVID-19 pandemic. Humana now expects FY20 GAAP EPS of $24.70 to $24.95 and Adjusted EPS of $18.50 to $18.75, slightly raising previous guidance. Membership growth is projected at 375,000 members, a 10% increase year-over-year.

Humana Inc. (NYSE: HUM) has announced a new value-based care agreement with Southwestern Health Resources (SWHR) to enhance services for Medicare Advantage HMO members in North Texas. The deal, effective January 1, 2021, builds on an existing contract, allowing access to around 30 hospitals and 350 points of care. This partnership emphasizes personalized care, proactive health screenings, and improved management of chronic conditions. Humana's commitment to value-based care is backed by its extensive network, serving over 2.6 million members through 66,000 primary care physicians nationwide.

Humana Inc. (NYSE: HUM) has announced an in-network agreement with UCHealth University of Colorado Hospital for its Medicare Advantage PPO and HMO plan members. This agreement, effective January 1, 2021, allows access to 11 UCHealth hospitals in Colorado, enhancing service for Humana members. Leaders from both organizations emphasize the commitment to quality care and cost reduction, leveraging UCHealth's reputation for advanced treatments and excellent patient outcomes. This partnership aims to promote healthier lifestyles among members while containing healthcare costs.

Humana Inc. (NYSE: HUM) has entered into a Medicare network agreement with Primary Care Partners, effective January 1, 2021. This partnership allows Humana Medicare Advantage PPO members to access all Primary Care Partners providers in Grand Junction and Fruita. Both companies expressed enthusiasm for the collaboration, which aims to enhance care accessibility for patients. Humana emphasizes its commitment to integrated care, aiming to improve health outcomes while lowering costs for members.

Humana Inc. (NYSE: HUM) has announced a $5 million investment in an outcomes-based fund to enhance the Family Focused Recovery program operated by Volunteers of America (VOA). This initiative aims to support mothers with substance use disorders and their children, reflecting Humana's commitment to innovative care models. The program combines addiction treatment with family support to improve recovery success. In collaboration with Quantified Ventures, Humana aims to expand VOA's reach and effectiveness, addressing the increasing demand for community-based health services.