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HUMANA INC.

(HUM)
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Humana : Medicare Advantage Network Expands in Grand Junction and Fruita with Addition of Primary Care Partners

10/26/2020 | 11:01am EDT

Primary Care Partners and Humana Inc. (NYSE: HUM), a leading health and well-being company, have signed a Medicare network agreement.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201026005633/en/

Humana Medicare Advantage PPO members will now have in-network access to all Primary Care Partners providers in Grand Junction and Fruita.

“We are excited about the opportunity to join Humana’s Medicare Advantage network,” said Jack Thompson, CEO, Primary Care Partners. “This access will enable us to continue to provide timely, quality and compassionate care to our patients in the greater Grand Junction area.”

“We are grateful for the opportunity to expand access to care for our PPO members to include Primary Care Partners in our network,” said Mark Iorio, Central West Region Medicare President for Humana. “This additional in-network option helps our Humana members achieve their best health.”

The new agreement will take effect on January 1, 2021.

About Primary Care Partners

Primary Care Partners is committed to providing compassionate, cost-effective, high-quality medical care to our patients. We offer a team approach to medical care with four family physician groups, a pediatrics group, a laboratory with imaging services, nutritional services, an after-hours non-urgent care clinic, physical therapy and sports medicine. For a full description of Primary Care Partners services, locations, and provider listings, visit pcpgj.com.

About Humana

Humana Inc. is committed to helping our millions of medical and specialty members achieve their best health. Our successful history in care delivery and health plan administration is helping us create a new kind of integrated care with the power to improve health and well-being and lower costs. Our efforts are leading to a better quality of life for people with Medicare, families, individuals, military service personnel, and communities at large.

To accomplish that, we support physicians and other health care professionals as they work to deliver the right care in the right place for their patients, our members. 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.

More information regarding Humana is available to investors via the Investor Relations page of the company’s web site at www.humana.com, including copies of:

  • Annual reports to stockholders
  • Securities and Exchange Commission filings
  • Most recent investor conference presentations
  • Quarterly earnings news releases and conference calls
  • Calendar of events
  • Corporate Governance information

More Information

Other providers are available in our network. The provider may also contract with other Plans.

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© Business Wire 2020
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Financials (USD)
Sales 2021 81 733 M - -
Net income 2021 2 634 M - -
Net Debt 2021 3 225 M - -
P/E ratio 2021 21,1x
Yield 2021 0,66%
Capitalization 55 339 M 55 339 M -
EV / Sales 2021 0,72x
EV / Sales 2022 0,65x
Nbr of Employees 48 700
Free-Float 64,8%
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Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 482,71 $
Last Close Price 428,94 $
Spread / Highest target 22,4%
Spread / Average Target 12,5%
Spread / Lowest Target -2,08%
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Managers and Directors
NameTitle
Bruce Dale Broussard President, Chief Executive Officer & Director
Susan Diamond Chief Financial Officer
Kurt J. Hilzinger Chairman
Brian P. LeClaire Chief Information Officer & Senior Vice President
Sam Deshpande SVP, Chief Risk & Technology Officer
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