Humana Stock Price, News & Analysis

Humana Inc. (NYSE: HUM) will host a virtual Investor Update on September 15, 2022, at 8:30 a.m. Eastern. The event will feature company leaders discussing Humana's strategic direction, operational and financial progress, and future performance expectations.

Participants can access the webcast through Humana’s Investor Relations page. For those unable to attend, a replay will be available approximately four hours after the event.

Humana aims to enhance health and lower costs through integrated care solutions for its members.

AM Best has affirmed Humana Inc.'s (NYSE: HUM) Financial Strength Rating (FSR) of A- (Excellent) and Long-Term Issuer Credit Ratings (ICR) of 'a-' (Excellent) for most of its health and dental insurance subsidiaries. The ratings reflect adequate balance sheet strength and operating performance, although recent challenges have outpaced net income. Humana remains the second-largest Medicare Advantage insurer in the U.S. and has expanded its Medicaid presence. The outlook for these ratings is stable, with financial leverage expected to decrease to approximately 40% by year-end 2022.

Humana Inc. has completed the rebranding of its home health division, Kindred at Home, to CenterWell Home Health, now operational in over 350 locations across 38 states. This initiative is integral to integrating home health services into Humana's broader business model, aiming to enhance patient outcomes.

With the rollout of the CenterWell brand, Humana focuses on unifying its healthcare services, including home health, primary care, and pharmacy, to provide a seamless care experience for its members, improving overall health and reducing costs.

Humana Inc. has partnered with Mays Business School at Texas A&M University to host the 2022 Humana-Mays Healthcare Analytics Case Competition. The competition, which aims to enhance students' analytical skills in addressing real-world healthcare challenges, offers a total prize package of $80,000 for winning teams. Eligible participants include graduate students from accredited U.S. institutions, competing in teams of 2 to 4. Key dates include registration opening on August 1, with finals announced on November 10.

CenterWell Senior Primary Care is set to launch nine new primary care centers aimed at seniors in the Phoenix area by early 2023. This expansion marks CenterWell's entry into the Arizona market, enhancing access to personalized healthcare services for local seniors. The initiative is part of a larger growth strategy, with plans to open up to 100 additional centers by 2025. Each location will provide care from board-certified professionals, emphasizing a holistic approach to patient health.

Humana Inc. (NYSE: HUM) has declared a cash dividend of $0.7875 per share, payable on October 28, 2022, to stockholders of record as of the close of business on September 30, 2022. This dividend reflects Humana's commitment to returning value to its shareholders while supporting integrated care delivery to enhance health outcomes for its members, including those in Medicare and military service personnel. The company aims to lower healthcare costs and improve the quality of life for its diverse membership.

Humana Inc. (NYSE: HUM) announced its acquisition of Inclusa, Inc., a Managed Care Organization in Wisconsin, enhancing its long-term care service offerings. This acquisition is aimed at supporting approximately 16,600 older adults and adults with disabilities through Wisconsin's Family Care program. Inclusa has been connecting members with essential services for over 20 years and collaborates with over 6,000 service providers. The transaction, which is subject to regulatory approval, follows Humana's previous acquisition of iCare in 2020 and aims to increase its Medicaid membership, currently around 1 million across five states.

Humana Inc. (NYSE: HUM) has successfully completed its transaction with Clayton, Dubilier & Rice to divest a majority interest in the Hospice and Personal Care divisions of its subsidiary, Kindred at Home. The restructured divisions operate as a new standalone company, ensuring continued commitment to patient-centered care. Humana retains a minority ownership and strategic partnership to support these operations. The new entity, Gentiva, aims to enhance access and quality of care for patients while remaining an attractive employer for health professionals.

Humana Inc. (NYSE: HUM) has announced a $500,000 donation to support recovery efforts in Eastern Kentucky and neighboring states affected by historic flooding that began on July 27. The funds will assist organizations like the Team Eastern Kentucky Relief Fund and others, addressing basic needs such as shelter and medical care. Humana is also providing its members in relief areas with extended access to medical services and pharmacy refills, waiving certain referral requirements to ease their recovery process.