Humana Stock Price, News & Analysis

Humana Inc. (NYSE: HUM) is launching Medicare Advantage health plans for the first time in Massachusetts, particularly in Worcester and Bristol counties. During the Medicare Advantage and Prescription Drug Plan Annual Election Period (Oct. 15 - Dec. 7), residents can select from four PPO plans for 2021. Key features include low premiums, minimal co-payments, and coverage for annual screenings. The Humana Honor plan, which has a $0 premium and is recommended by USAA, complements VA health coverage and offers dental coverage. Humana brings over 30 years of Medicare experience with nearly 8.4 million members nationwide.

Envision Healthcare and Humana Inc. (NYSE: HUM) have signed a multiyear agreement to provide Humana’s Florida members with in-network access to over 6,000 Envision clinicians. This agreement enhances their long-standing partnership and aims to improve healthcare access for commercial, Medicare, and Medicaid members. Jim Rechtin, CEO of Envision, emphasized the commitment to delivering affordable, high-quality care, while Betty Assapimonwait from Humana highlighted the importance of building a robust network for better health outcomes.

Humana Inc. (NYSE: HUM) is actively supporting Ohio communities during the COVID-19 pandemic with over $1.6 million in financial grants for relief and recovery initiatives. Key contributions include more than $1 million from the Humana Foundation to local nonprofits and approximately $400,000 to community organizations through regional relief funds. Additionally, over 20,000 meal kits have been delivered to Humana health plan members, addressing food insecurity. This multi-faceted initiative aims to meet urgent community needs such as food, shelter, and medical care.

Humana Inc. (NYSE: HUM) announced that CFO Brian A. Kane will present at the Wolfe Research Healthcare Conference on November 19, 2020, at 7:50 a.m. ET. Investors can access a live audio webcast of the presentation via Humana’s Investor Relations page on humana.com. The company encourages participants to log in 15 minutes early for a system check. Humana focuses on integrated care delivery, supporting their members through various healthcare services and resources aimed at improving health outcomes and cost efficiency.

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.