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February 24, 2014
10:57 EDTHUMHumana Medicare Advantage rate view better than expected, says Susquehanna
Susquehanna says Humana's disclosure that it expects the CMS proposed 2015 Medicare Advantage rates to reduce funding by 350-400 basis points in 2015 is in-line with the firm's view and much better than expectations for 600-700 bps of pressure. The firm thinks further rate improvement is probable when the final rule is released in April, but stills believes rate pressure will be a significant challenge to Humana and the industry. Susquehanna has a Neutral rating on shares of Humana.
News For HUM From The Last 14 Days
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October 9, 2015
17:28 EDTHUMHumana signs MOU to settle Humana Merger Litigation
Humana disclosed in a filing that on October 9, "solely to avoid the costs, risks, and uncertainties inherent in litigation, and without admitting any liability or wrongdoing, Humana and the other named defendants in the Humana Merger Litigation signed a memorandum of understanding to settle the Humana Merger Litigation. Subject to court approval and further definitive documentation in a stipulation of settlement that will be subject to customary conditions, the MOU resolves the claims brought in the Humana Merger Litigation and provides that Humana will make certain additional disclosures related to the proposed mergers, which are set forth below. The MOU further provides for, among other things, dismissal of the Humana Merger Litigation with prejudice and a release and settlement by the purported class of Humana stockholders of all claims against the defendants and their affiliates and agents in connection with the Merger Agreement and transactions and disclosures related thereto. The asserted claims will not be released until such stipulation of settlement receives court approval. The foregoing terms and conditions will be defined by the stipulation of settlement, and class members will receive a separate notice describing the settlement terms and their rights in connection with the approval of the settlement. In connection with the settlement, the parties contemplate that plaintiffs' counsel will file a petition for an award of attorneys' fees and expenses. Humana will pay or cause to be paid any court awarded attorneys' fees and expenses. There can be no assurance that the parties will ultimately enter into a stipulation of settlement or that a court will approve such settlement even if the parties were to enter into such stipulation. In such event, the proposed settlement as contemplated by the MOU may be terminated."
October 8, 2015
15:06 EDTHUMAetna to host special shareholder meeting
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October 5, 2015
10:02 EDTHUMBofa/Merrill healthcare analysts hold an analyst/industry conference call
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October 2, 2015
08:31 EDTHUMAllergan and Humana announce research partnership
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