Humana

Humana said it will discontinue certain Medicare Advantage plans beginning in 2027, a move expected to affect roughly 600,000 members. The company stated it regularly reviews its Medicare offerings to maintain affordability and access to coordinated care. Most affected members will be offered an alternative Humana plan. » More on cbsnews.com

Humana agreed a joint venture with HPS Investment Partners (part of BlackRock) to manage nearly 150 CenterWell primary care clinics for Medicare beneficiaries. BlackRock will acquire Welsh, Carson, Anderson & Stowe’s equity stake, in a transaction valued at about $2.8 billion, and will be the majority owner while CenterWell holds a minority. The new JV will deploy additional capital over the next two years to fund operations, open and acquire clinics, while CenterWell continues day-to-day management, supporting Humana’s push into consumer healthcare. » More on forbes.com

Humana recorded a strong recovery in CMS star ratings for 2027, after which the stock briefly rose about 13%. Improved ratings lead to higher government bonus payments from 2028, although part of the additional revenue is viewed as one-off. Analysts sharply raised price targets but see risks from ongoing litigation over the rating methodology and potential future cuts to Medicare reimbursement rates. Investors should watch the financial outlook for 2028 and regulatory developments. » More on finanzen.net