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. (NYSE: HUM) is a U.S. healthcare company in the direct health and medical insurance carriers industry, with operations spanning insurance services and CenterWell health care services. News about Humana often centers on its Medicare Advantage and Medicaid activities, partnerships that expand care models, and initiatives that address social determinants of health and health equity.
Recent announcements highlight Humana’s focus on Medicare Advantage, including earnings guidance updates and investor communications disclosed through Form 8-K filings, as well as program-specific developments such as Humana USAA Honor Giveback plans that are designed with veterans’ needs in mind. These co-branded Medicare Advantage plans feature benefits like $0 copays for in-network primary care and in-network mental health services, Part B givebacks and coverage for dental, vision and hearing, while remaining available to any eligible Medicare beneficiary in the covered areas.
Humana news also reflects its emphasis on value-based care and integrated support for complex conditions. The company has announced a partnership with Atlas Oncology Partners to offer a coordinated oncology care model for eligible Humana Medicare Advantage members in Tennessee and Mississippi, bringing together interdisciplinary care teams, care coordination, psychosocial support and advanced supportive care. In parallel, CenterWell Senior Primary Care and Conviva Senior Primary Care have partnered with Thyme Care to provide continuous, oncology-focused support to eligible patients across several states.
Beyond insurance and clinical partnerships, Humana-related coverage includes updates from the Humana Foundation on research into loneliness among underserved boys and food insecurity among seniors, as well as community impact awards through Humana Healthy Horizons in Oklahoma to organizations addressing food, housing and employment needs. Visitors to this page can explore earnings-related updates, ratings actions from agencies such as AM Best, leadership transitions, philanthropic reports and community initiatives that illustrate how Humana combines insurance, care delivery and community investment.
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.
Humana has been recognized as the No. 1 health insurer for customer experience quality in Forrester's 2022 U.S. Customer Experience Benchmark survey for the second consecutive year. This ranking is based on feedback from over 96,000 U.S. respondents across various industries. Humana excelled in categories such as clear communication, transparent pricing, and customer service. The survey indicates that superior customer experience can significantly enhance brand loyalty and revenue, highlighting the importance of customer-centric strategies.
Humana reported 2Q22 earnings per diluted common share of $5.48 (GAAP) and $8.67 (Adjusted), with year-to-date EPS at $12.77 (GAAP) and $16.70 (Adjusted). The company raised its FY 2022 EPS guidance to approximately $20.30 (GAAP) and $24.75 (Adjusted), reflecting a 20% growth over FY 2021. Membership growth in Medicare Advantage is projected between 150,000 to 200,000 members. Significant improvements were noted in medical cost trends, allowing for increased investments and a positive outlook for the upcoming enrollment period.
Humana Inc. (NYSE: HUM) is hiring approximately 300 seasonal Enrollment Representatives for remote work nationwide. This recruitment supports the upcoming Medicare Annual Election Period, from October 15 to December 7, 2022. The roles focus on assisting members with enrolling in Medicare Advantage and Prescription Drug Plans. Candidates with customer service experience will undergo virtual interviews starting in August, with positions beginning from early September to November. In addition to these seasonal roles, Humana continues to offer full-time opportunities across its organization.
Humana Foundation awarded 75 college scholarships totaling up to
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