Most Popular Stories
- Mayo Clinic 'expands' nationwide by lending name to other facilities
- Medical data mining can predict adverse drug events
- Regional information exchanges in peril? Think again
- Could Ford make mobile healthcare a standard feature?
- Hospitals with advanced IT have more admissions, better profits
- Baby boomers driving jump in replacement surgeries
Featured Jobs
- Decision Support Administrator
NCH Healthcare System - Miami, FL - Sales Executive
GetWellNetwork, Inc. - Ohio Valley Area - Mobile Healthcare IT Sales Closer
TigerText - - Area Sales Manager
ScImage, Inc. - - Sales Executive
GetWellNetwork, Inc. - Boston, MA
Events
- Eighth Annual Healthcare Unbound
July 11-12 — San Diego, CA - DIA 2011: Convergence of Science, Medicine, and Health
June 19-23, 2011 — Chicago, Illinois - Sensors Expo & Conference Conference
June 6-8, 2011 — Donald E. Stephens Convention Center Rosemont, IL - Mobile Health Expo East
June 21-23 2011 — New York City Javits Center
Paid Research Reports
-
Electronic health records: getting it right first time
-
Cloud Computing Adoption In The APAC Life Sciences Industry
-
Stakeholder Opinions: Ophthalmology - Leading brands under threat
-
Genomics, Proteomics and Metabolomics in Diagnostics: Market landscape, innovative technologies and future outlook
-
Healthcare Regulatory Update: The United Arab Emirates
-
Point of Care Testing: Evaluating the return to evidence based medicine, novel technologies and the competitive landscape
Free Newsletter
Humana (NYSE: HUM) Earnings Q1 2011
View Humana's (NYSE: HUM) Q1 Earnings Report
Highlights:
- Earnings per share of $1.86 for the first qurater of 2011, up from $1.52 in Q1 2010
- First-quarter 2011 operational expenses were $8.7 million, a nine percent decrease over Q1 2010
- Q1 revenues were $9.1 billion, increasing nearly 10 percent from the first quarter of 2010. The increase was primarily due a year-over-year increase in premiums and services in its Retail and Health and Well-Being Services segments. However, the company's Employer Group revenues declined
- Q1 net income was $315 million, nearly 22 percent higher than Q1 2010
- Consolidated benefit ratio was 83.8 percent in Q1 2011, a 30 basis point increase from Q1 2010, when the benefit ratio was 83.5 percent
- Added 875,000 new members to its health plans in the first quarter, across all business lines except individual policies. Human has 34 million members and expects to maintain this number throughout 2011.
- Full-year 2011 earnings expected to be in a range of $6.70 to $6.90 per share, compared to its previous estimate of $5.95 to $6.15
Notable quote: "It is reasonably possible that the Health Insurance Reform Legislation and related regulations, as well as future legislative changes, in the aggregate may have a material adverse effect on our results of operations, including restricting revenue, enrollment and premium growth in certain products and market segments, restricting our ability to expand into new markets, increasing our medical and administrative costs, lowering our Medicare payment rates and increasing our expenses associated with the non-deductible federal premium tax and other assessments; our financial position, including our ability to maintain the value of our goodwill; and our cash flows."
For more information:
- Read this 10-Q report filed with the SEC
- Check out Humana's current earnings estimates from CNN Money
- Read this press release
- See how HUM is performing right now
- Humana's website: www.humana.com
Related Articles:
Humana, Health Alliance lose state contracts
Humana (NYSE: HUM) CEO explains Concentra purchase
Humana to offer wellness incentives program
Comments
Post a comment
Home | Subscribe | Advertise | Mobile Edition | RSS | Privacy | Site Map | EditorsTHE FIERCEMARKETS NETWORKFierceEnergy | FierceSmartGrid | FierceFinance | FierceFinanceIT | FierceComplianceIT | FierceHealthcare | FierceHealthFinance | FierceHealthIT | Hospital Impact | FierceMobileHealthcare | FierceHealthPayer | FiercePracticeManagement | FierceEMR | FierceCIO | FierceCIO:TechWatch | FierceContentManagement | FierceMobileIT | FierceGovernmentIT | FierceGovernment | FierceBiotech | FierceBiotech Research | FiercePharma | FierceVaccines | FierceBiotechIT | FiercePharma Manufacturing | FierceMedicalDevices | FierceDrugDelivery | FierceIPTV | FierceOnlineVideo | FierceTelecom | FierceVoIP | FierceBroadbandWireless | FierceDeveloper | FierceMobileContent | FierceWireless | FierceWireless:Europe | FierceCable© 2011 FierceMarkets. All rights reserved. |