Total revenue reached $9.06 billion in the fourth quarter, up 9.4 percent from 2010. For the year ended Dec. 31, 2011, Humana recorded net income of $1.42 billion, up more than 29 percent from 2010. Total revenue exceeded $36.8 billion for the entire 2011 fiscal year, an increase of almost 10 percent.
Humana increased its overall Medicare Advantage membership by 179,600 people, or 12 percent, from last year. Humana also raised its projections for FY 2012, as it expects to add an additional 40,000 members to its Medicare Advantage rolls.
Related Articles on Humana:
Medicare, Medicaid Plans Have Boosted Health Insurers’ Revenues by 6% Over Past Three Years
Thomas Health System Medicare Members Stay In-Network After Humana Reverses Decision
Humana’s Net Income Up 13% for 3Q
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
