HealthLeaders Media November 6, 2019
The Louisville–based health plan’s adjusted income fell year-over-year but its adjusted EPS did rise.
Humana expects to grow its Medicare Advantage membership by 530,000 members, totaling a 17% increase for 2019, according to its latest earnings report released Wednesday morning.
At the end of Q3, Humana reported total revenues of $16.2 billion, just as it had in its Q2 earnings report. The company’s earnings per share (EPS) also rose from $4.65 to $5.14.
Additionally, the Louisville–based insurer’s adjusted income fell $53 million year-over-year, though its adjusted EPS did rise by $0.45 during the same period of time.
The company also reported cash flows of $2.4 billion, a turnaround compared to the $1 billion negative cash flow reported this time...
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