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Humana Inc Add to portfolio

INX:HUM, Jul 18, 08:56 UTC

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Monday, July 16


News

Walmart Names Humana Veteran to Run Its Health and Wellness Unit

HUM WMT

Walmart Inc. has hired a former senior executive at insurer Humana Inc. to run its health-care business, a move that could reignite speculation that the two companies will forge a closer partnership. The world’s largest retailer named Sean Slovenski as senior vice president of health and wellness, reporting directly to Greg Foran, who runs the company’s U.S. business, according to a July 12 internal memo from Foran. Slovenski spent three years at Humana, rising to become vice president of innovation, and most recently worked for a digital-health company that also partners with Walmart.

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Thursday, July 12


News

Humana (HUM) Jointly Buys Curo, Boosts Medicare Business

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Humana Inc. HUM recently announced that it has completed the joint acquisition of Curo Health Services (Curo) with Welsh, Carson, Anderson & Stowe (“WCAS”), collectively known as the Consortium. Under this consolidation, Kindred Healthcare would be operated and owned by TPG and WCAS whereas Kindred at Home will be operated as a standalone company wherein Humana would hold a 40% ownership. The integration of Curo is in line with its growth strategy since the consortium is well-equipped with a capable management team, is tech-enabled and has a centralized model, quite appropriate for hospice care.With Kindred Healthcare and Curo Health Services, the company is making full efforts to expand its presence in the growing home health and hospice care business. These deals will enable Humana to provide enhanced services to its approximately 3.5 million aged Medicare Advantage members, which will open an additional source of revenues from the same customers.Shares of this Zacks Rank #2 (Buy) company have rallied 27.4% year to date, outperforming its industry’s growth of 14.1%.

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Wednesday, July 11


News

Humana, private equity firms complete $1.4B acquisition of Curo Health

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Louisville-based Humana Inc., one of the nation's largest provider of health benefits for seniors, is now one of the largest health care providers for older Americans in the nation. The company announced Wednesday it completed the acquisition of Mooresville, N.C.-based hospice company Curo Health Services LLC. Humana (NYSE: HUM) and its private-equity partners in the takeover of Louisville-based Kindred Healthcare Inc. — San Francisco-based TPG Capital and New York City-based Welsh, Carson, Anderson & Stowe — paid out $1.4 billion dollars to acquire the national hospice provider from Boston-based private-equity firm Thomas H. Lee Partners, according to a news release Curo Health Services operates 245 locations in 22 states, mostly in the Southern U.S. The deal, which was announced in April, gives Humana a 40 percent interest in the company.

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News

Humana, Together with TPG Capital and Welsh, Carson, Anderson & Stowe, Announce Completion of the Acquisition of Curo Health Services

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Humana Inc. (HUM), TPG Capital (TPG) and Welsh, Carson, Anderson & Stowe (WCAS) (collectively, the Consortium) today announced the completion of the previously announced acquisition of Curo Health Services (Curo), one of the nation’s leading hospice operators providing care to patients at 245 locations in 22 states, from Thomas H. Lee Partners. This news release includes forward-looking statements regarding Humana within the meaning of the Private Securities Litigation Reform Act of 1995. When used in investor presentations, press releases, Securities and Exchange Commission (SEC) filings, and in oral statements made by or with the approval of one of Humana’s executive officers, the words or phrases like “expects,” “believes,” “anticipates,” “intends,” “likely will result,” “estimates,” “projects” or variations of such words and similar expressions are intended to identify such forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, and assumptions, including, among other things, information set forth in the “Risk Factors” section of the company’s SEC filings, a summary of which includes but is not limited to the following:. If Humana does not design and price its products properly and competitively, if the premiums Humana receives are insufficient to cover the cost of healthcare services delivered to its members, if the company is unable to implement clinical initiatives to provide a better healthcare experience for its members, lower costs and appropriately document the risk profile of its members, or if its estimates of benefits expense are inadequate, Humana’s profitability could be materially adversely affected. Humana’s pharmacy business is highly competitive and subjects it to regulations in addition to those the company faces with its core health benefits businesses.

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News

$3.80 EPS Expected for Humana Inc. (HUM)

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It fall, as 48 investors sold Humana Inc. shares while 233 reduced holdings. 122.28 million shares or 2.59% less from 125.53 million shares in 2017Q4 were reported. 1,073 Humana Inc. (NYSE:HUM) shares with value of $295,450 were sold by Fleming William Kevin. Analysts expect Humana Inc. (NYSE:HUM) to report $3.80 EPS on August, 1.They anticipate $0.31 EPS change or 8.88 % from last quarter’s $3.49 EPS.

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Monday, July 09


News

Humana (HUM) Hits 52-Week High, Is Further Upside Left?

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Shares of Humana Inc. HUM scaled a 52-week high of $309.51 in Jul 6’s trading session before closing a tad lower at $309.02. With this agreement, Kindred Healthcare will be operated and owned by TPG and WCAS while Kindred at Home will be run as a standalone company by Humana, owning 40 % stake in it. Our research shows that stocks with a Value Style Score of A or B when combined with a bullish Zacks Rank #1 or 2 offer the best opportunities in the value investing space.Its long-term earnings growth rate stands at 13.8% better than the industry’s growth rate of 13.4%.Other Key PicksInvestors looking for other stocks worth considering from the same industry might also check out Molina Healthcare, Inc MOH, WellCare Health Plans, Inc. WCG and Triple-S Management Corporation GTS.Molina provides Medicaid-related solutions to meet the health care needs of low-income families and individuals as well as to assist state agencies in their administration of the Medicaid program across the United States. Click to get this free report Humana Inc. (HUM) : Free Stock Analysis Report Molina Healthcare, Inc (MOH) : Free Stock Analysis Report WellCare Health Plans, Inc. (WCG) : Free Stock Analysis Report Triple-S Management Corporation (GTS) : Free Stock Analysis Report To read this article on Zacks.com click here.

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Saturday, July 07


News

Humana INC (HUM) Shareholder Natixis Lowered Its Stake by $36.73 Million as Share Price Rose

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Humana INC (HUM) Shareholder Natixis Lowered Its Stake by $36.73 Million as Share Price Rose. 122.28 million shares or 2.59% less from 125.53 million shares in 2017Q4 were reported. Park Corporation Oh reported 965 shares. Oregon Pub Employees Retirement Fund holds 0.06% of its portfolio in Humana Inc. (NYSE:HUM) for 15,410 shares. Since February 24, 2018, it had 0 buys, and 17 insider sales for $57.20 million activity. $1.58M worth of Humana Inc. (NYSE:HUM) shares were sold by LeClaire Brian P.. 11,468 shares were sold by Wheatley Timothy Alan, worth $3.43M.

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Thursday, July 05


News

Humana Inc. to Release Second Quarter 2018 Results on August 1, 2018

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All parties interested are invited to dial 888-625-7430. The company suggests participants for both the conference call and those listening via the web dial in or sign on at least 15 minutes in advance of the call. For those unable to participate in the live event, the virtual presentation archive will be available in the Historical Webcasts and Presentations section of the Investor Relations page at www.humana.com, approximately two hours following the live webcast. Humana Inc. (HUM) is committed to helping our millions of medical and specialty members achieve their best health. Our range of clinical capabilities, resources and tools – such as in-home care, behavioral health, pharmacy services, data analytics and wellness solutions – combine to produce a simplified experience that makes health care easier to navigate and more effective.

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Tuesday, July 03


News

Humana Jointly Acquires Kindred, Expands Into Patient Care

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Humana Inc. HUM recently announced that it has completed the acquisition of Kindred Healthcare, Inc. (KND) along with other companies, namely TPG Capital (“TPG”) and Welsh, Carson, Anderson & Stowe (“WCAS”).Per the agreement, Kindred’s long-term acute care hospitals, inpatient rehabilitation facilities and contract rehabilitation services business were separated from its home health, hospice and community care businesses, which is collectively known as Kindred at Home.While Kindred Healthcare would be operated and owned by TPG and WCAS, Kindred at Home will be run as a standalone company by Humana, which owns 40 % stake in it. TPG and WCAS are entitled to a 60 % interest. However, Humana will enjoy the right to purchase the remaining ownership interest in Kindred at Home over years through a put/call arrangement.This acquisition will lend Humana an extensive geographic coverage with around 65 percent overlap via its individual Medicare Advantage Membership. Moreover, the transaction would eliminate all exposure to non-core assets in this Specialty Hospital company.Shares of this Zacks Rank 2 (Buy) stock have rallied 20.20% year to date, outperforming its industry’s growth of 10.91%. Other Stocks to ConsiderOther top-ranked stocks from the same industry include Molina Healthcare, Inc MOH, WellCare Health Plans, Inc. WCG and Triple-S Management Corporation GTS.Molina Healthcare offers Medicaid-related solutions to meet the health care needs of low-income families and individuals.

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Monday, July 02


News

Humana, private equity firms complete acquisition of Kindred Healthcare

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Humana and two private equity firms closed a $4.1 billion deal for Kindred Healthcare. (Humana). And just like that, another healthcare sector acquisition is done. Humana, along with TPG Capital and Welsh, Carson, Anderson & Stowe completed their acquisition of Kindred Healthcare, the companies announced on Monday. Under the deal, initially announced late last year, Kindred’s home health, hospice and community care businesses will be separated into a standalone business called Kindred at Home, 40% of which is owned by Humana.

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