The payer’s Medicare Advantage business rose from 3.1 million members in 2018 to nearly 4 million members in 2020, which contributed to its stock growth, the publication said.
Humana has also been expanding its home healthcare services. The company announced June 14 a definitive agreement to acquire Florida- and Texas-based One Homecare Solutions, and a partnership with in-home care provider DispatchHealth in February.
Humana announced April 27 it would purchase the remaining 60 percent of Louisville, Ky.-based post-acute care provider Kindred at Home, a company it partially owned beginning 2018. The deal is expected to close in the third quarter of this year.
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