Humana Inc. reports news around its U.S. healthcare business, combining Humana insurance services with CenterWell healthcare services. Company updates commonly address Medicare Advantage and other health plan membership, Insurance segment benefit ratios, GAAP and adjusted earnings, full-year guidance, and capital returns through quarterly dividends.
News also covers CenterWell's senior-focused primary care, home health, pharmacy, hospice and retail pharmacy activities; prescription access and home delivery partnerships; healthcare research tied to medication adherence and chronic disease care; palliative care arrangements; health data interoperability; and board refreshment or other governance actions.
Humana Foundation has awarded $1.8 million to various nonprofit organizations in Louisville, enhancing its total contributions to over $10 million since 2018. This funding is part of its Community Partners Program, aimed at improving health equity by addressing social determinants of health. The recipients, totaling 30 organizations, will utilize the funds for initiatives in education, community engagement, and health access. The Foundation emphasizes support for marginalized communities during critical times.
Humana and the University of Mississippi Medical Center (UMMC) have entered an in-network agreement, enhancing healthcare access for Humana Medicare Advantage HMO and PPO members in Mississippi. This agreement, effective August 1, 2021, allows members to receive care at UMMC in Jackson and Grenada, as well as at Holmes County Hospital in Lexington. Humana aims to strengthen its commitment to member health through this expanded network, which aligns with UMMC's strategic priority to improve statewide healthcare accessibility.
Humana Inc. (NYSE: HUM) will release its 3Q21 financial results on November 3, 2021 at 6:30 a.m. Eastern time. A conference call will follow at 9:00 a.m. Eastern time to discuss results and earnings guidance. Interested parties can call 888-625-7430. For those unable to attend, a replay will be available shortly after the event. The earnings announcement will include non-GAAP financial measures, with reconciliations provided in the release available on the Investor Relations page.
Humana has signed an in-network agreement with Kelsey-Seybold Clinic to expand access to care for members of its Medicare Advantage HMO plans starting January 1, 2022. This collaboration will provide Houston-area members with access to over 26 Kelsey-Seybold locations and more than 500 providers across 55 medical specialties. The partnership emphasizes Humana's commitment to value-based care, enhancing personalized and coordinated health services for Medicare beneficiaries.
Humana Inc. (NYSE: HUM) announced a $25 million investment to enhance affordable housing in states including Florida, Georgia, and Texas. This initiative aims to address housing stability as a critical social determinant of health, particularly for Medicaid-eligible individuals. The funds will be distributed through three syndicated funds focusing on increasing affordable housing capacity. Humana's strategy includes partnerships to offer eviction prevention and support for vulnerable populations, reflecting its commitment to health equity.
Humana and Curant Health have launched a pilot program targeting Chronic Heart Failure (CHF) and Chronic Obstructive Pulmonary Disease (COPD) among Humana members. The initiative focuses on improving medication adherence and aims to reduce health care costs. Through a randomized control trial, the collaboration intends to enhance patient safety and decrease hospital admissions. Humana emphasizes its commitment to medication adherence while Curant Health showcases its high-touch clinical support model, promising to better patient outcomes.
Humana Inc. (NYSE: HUM) has announced a $500,000 donation through The Humana Foundation to support Hurricane Ida relief efforts in Louisiana. This includes $300,000 allocated to organizations like the United Way of Southeast LA and Imagine Water Works for immediate needs. Additionally, $200,000 is reserved for ongoing assistance as the situation evolves. Humana is also suspending referral and prior authorization requirements for affected members and providing free crisis counseling services.
Humana Inc. (NYSE: HUM) has announced a donation of $50,000 through its philanthropic arm, The Humana Foundation, to support relief efforts for recent flooding in location value="LS/us.tn"Tennessee. The flooding, which occurred on August 21st, resulted in 14 inches of rain in six hours, leading to over 20 deaths and damage to at least 270 homes. The funds will assist the Tennessee Emergency Response Fund in providing support through grants to local nonprofits aiding affected communities.
Humana Inc. (NYSE: HUM) and Mays Business School at Texas A&M University have announced the 2021 Humana-Mays Healthcare Analytics Case Competition, offering a total prize package of $80,000. First place will receive $50,000, second place $20,000, and third place $10,000. The competition is open to master’s students from accredited U.S. institutions, encouraging teams to solve a real-world healthcare business challenge. The event highlights Humana's commitment to analytics in healthcare and aims to advance student learning through real-world applications.
Humana Inc. (NYSE: HUM) will present at the Morgan Stanley Conference on September 15, 2021, at 8:45 a.m. Eastern. Bruce D. Broussard, the President and CEO, will lead the presentation. Interested investors can access a live audio webcast through humana.com. Participants are advised to log in 15 minutes early to ensure system compatibility. Humana is dedicated to advancing health care for its members through comprehensive services including in-home care and data analytics.