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Humana HUM - News Analyzed: 5,212 - Last Week: 100 - Last Month: 398

β‡˜ Humana HUM Faces Market Challenges Amidst Management Changes and Declining Medicare Advantage Members

Humana HUM Faces Market Challenges Amidst Management Changes and Declining Medicare Advantage Members
UnitedHealth outperforms Humana and CVS in Medicare Advantage. Humana enters value-based care agreement with Thyme Care and announces a new cancer care partnership. Despite a conservative accounting, Humana faces a proposed class action over investor losses and its 2025 profit forecast falls below estimates. Humana Foundation donates $250K towards flood disaster recovery efforts in Kentucky, but the company's stock drops as Medicare Advantage members are expected to decline. Pekin Hardy Strauss Inc., South Dakota Investment Council, and other major players increase stakes in Humana, while Illinois Municipal Retirement Fund and New York State Common Retirement Fund reduce holdings. Potential investors and determined bearish traders are watching the company's earnings closely. Humana's plans for a major kidney care expansion surfaces amidst news that rival Cigna is not pursuing a deal with the company. Although facing the loss of its CFO, Humana's Medicare provisions fare better than expected, raising the company’s 2024 earnings guidance. The appointment of Japan Mehta as Chief Information Officer and Michelle O’Hara as Chief Human Resources Officer marks a significant change in Humana's management.

Humana HUM News Analytics from Wed, 02 Oct 2024 07:00:00 GMT to Sat, 01 Mar 2025 20:39:00 GMT - Rating -4 - Innovation 1 - Information 3 - Rumor 2

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