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BUSINESS
August 24, 1996
Kaiser Permanente intends to buy Humana Group Health, a Washington, D.C.-based HMO, both parties announced yesterday.Humana bought Group Health, one of the country's oldest HMOs, just 2 1/2 years ago. The plan lost $13 million last year.Humana Group Health has 117,000 members in the Washington area; Kaiser has 397,000 in the Baltimore and Washington areas.The deal would strengthen Kaiser in the Washington market and would open Humana's 1,850-physician network to patients at Kaiser's centers, including five in the Baltimore area.
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BUSINESS
March 13, 2008
Humana Inc. Shares declined $6.50 yesterday to finish at $40.88. Higher-than-expected claims in stand-alone prescription drug plans caused the health insurer to slash its first-quarter and full-year profit outlook.
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BUSINESS
By Patricia Meisol and Patricia Meisol,Sun Staff Writer | March 11, 1994
CMG Health Inc., a mental health and substance abuse provider to more than 1.4 million people nationwide, said yesterday that it has signed an agreement to serve members of Humana Inc. that would double its size in two years.The Owings Mills company, started in 1986, provides 24-hour mental health care through its own networks of doctors and facilities in 33 states. It had sales of more than $29 million in 1993. The alliance with Kentucky-based Humana, which owns health maintenance organizations, calls for CMG to manage mental health for its HMO members in selected locations.
BUSINESS
By Dan Thanh Dang | March 20, 2007
You cash a check for $200, but a bank teller accidentally gives you $100 extra. Do you take it back and inform the teller of the mistake? Or do you scamper off gleefully to buy the complete set of HBO's Deadwood Season Two? Does that answer change if it was an ATM error rather than human error? Would you lie about a child's age to get a lower price? Change the price tag on merchandise in a store? Accept a CD from a friend who just burned a rock group's newest album on the computer? Whether we allow ourselves to benefit or steer clear of such dubious fortune has been examined for ages by experts who study consumer behavior.
BUSINESS
By Andrew Leckey and Andrew Leckey,Tribune Media Services | March 4, 2007
What does the future hold for my shares of Humana Inc.? - K.C., via Internet Recent success of the large health insurer is tied to its strong commitment to Medicare and its ability to capitalize on changes in that system. Membership in its Medicare Advantage prescription-drug plans exceeded 1 million in 2006, an 80 percent increase for the year. An additional 100,000 members joined during January. Shares of Humana (HUM) are up 8 percent this year after gains of 2 percent last year and 83 percent in 2005.
BUSINESS
By Patricia Meisol and Patricia Meisol,Sun Staff Writer | March 11, 1994
CMG Health Inc., a mental health and substance abuse provider to more than 1.4 million people nationwide, said yesterday that it has signed an agreement to serve members of Humana Inc. that would double its size in two years.The Owings Mills company, started in 1986, provides 24-hour mental health care through its own networks of doctors and facilities in 33 states. It had sales of more than $29 million in 1993. The alliance with Kentucky-based Humana, which owns health maintenance organizations, calls for CMG to manage mental health for its HMO members in selected locations.
BUSINESS
By Andrew Leckey | September 4, 1991
Q. With so much in the news about good health care, is Humana a good investment choice?A. It's a healthy opportunity. Humana Inc. (around $32, NYSE), specializing in acute care hospitals, is an attractive investment because it has a commanding presence in smaller towns with its clean and efficient hospitals, said Jeff Harris, analyst with Smith Barney, Harris Upham. "Humana's acquisition moves are another plus, because they permit it to enter larger metropolitan areas without extensive start-up costs," added Harris.
BUSINESS
By John Fairhall and John Fairhall,SUN STAFF | December 1, 1995
Humana Inc., one of the nation's largest health maintenance organization companies, has joined forces with Johns Hopkins in an effort to expand its business in the highly competitive Maryland insurance market.The relationship announced yesterday also will help Hopkins attract doctors and patients to its growing health system.Humana and Hopkins will work together to develop contractual relationships with doctors around the state, an essential step for both organizations, their officials said.
BUSINESS
By M. William Salganik and M. William Salganik,SUN STAFF | December 5, 1996
Putting a new twist on its managed-care strategy, Integrated Health Services of Owings Mills announced a contract with Humana, a large national managed-care company, yesterday to jointly offer Medicare HMO services to residents of Integrated's nursing homes in Florida.Integrated has based a growth strategy on acquisitions -- recent purchases make it the country's largest provider of services to people who have been discharged from a hospital -- and on developing contracts with managed-care insurers in which Integrated assumes insurance risk.
BUSINESS
February 19, 1993
Humana shareholders voteShareholders of Humana Inc. of Louisville, Ky., overwhelmingly approved a plan separating the company's hospital business from its health insurance operations.The company that will run Humana's 77 hospitals will be called Galen Health Care Inc.; the health plan side, which insures 1.7 million people, will retain the Humana name.@
BUSINESS
By Andrew Leckey and Andrew Leckey,Tribune Media Services | March 4, 2007
What does the future hold for my shares of Humana Inc.? - K.C., via Internet Recent success of the large health insurer is tied to its strong commitment to Medicare and its ability to capitalize on changes in that system. Membership in its Medicare Advantage prescription-drug plans exceeded 1 million in 2006, an 80 percent increase for the year. An additional 100,000 members joined during January. Shares of Humana (HUM) are up 8 percent this year after gains of 2 percent last year and 83 percent in 2005.
BUSINESS
By M. William Salganik and M. William Salganik,SUN STAFF | December 5, 1996
Putting a new twist on its managed-care strategy, Integrated Health Services of Owings Mills announced a contract with Humana, a large national managed-care company, yesterday to jointly offer Medicare HMO services to residents of Integrated's nursing homes in Florida.Integrated has based a growth strategy on acquisitions -- recent purchases make it the country's largest provider of services to people who have been discharged from a hospital -- and on developing contracts with managed-care insurers in which Integrated assumes insurance risk.
BUSINESS
August 24, 1996
Kaiser Permanente intends to buy Humana Group Health, a Washington, D.C.-based HMO, both parties announced yesterday.Humana bought Group Health, one of the country's oldest HMOs, just 2 1/2 years ago. The plan lost $13 million last year.Humana Group Health has 117,000 members in the Washington area; Kaiser has 397,000 in the Baltimore and Washington areas.The deal would strengthen Kaiser in the Washington market and would open Humana's 1,850-physician network to patients at Kaiser's centers, including five in the Baltimore area.
BUSINESS
By John Fairhall and John Fairhall,SUN STAFF | December 1, 1995
Humana Inc., one of the nation's largest health maintenance organization companies, has joined forces with Johns Hopkins in an effort to expand its business in the highly competitive Maryland insurance market.The relationship announced yesterday also will help Hopkins attract doctors and patients to its growing health system.Humana and Hopkins will work together to develop contractual relationships with doctors around the state, an essential step for both organizations, their officials said.
BUSINESS
August 15, 1995
Plaid gets financing approvalPlaid Clothing Group Inc., the parent company of J. Schoeneman Inc., yesterday announced it has received approval its Chapter 11 bankruptcy case for $75 million in financing from a group of lenders led by Transamerica Business Credit Corp.The New York-based apparel company is closing the Schoeneman headquarters in Owings Mills by the end of September and laying off 50 workers.Jones Intercable trades 3 systemsJones Intercable Inc. tightened its grip on the Washington suburban market yesterday as it announced a cable system swap that will bring it two cable systems in Prince George's County and Reston, Va. In return, Jones traded cable TV franchises in Tampa, Fla.; Orangeburg, S.C.; and Carmel, Ind., to Time Warner Entertainment- Advance/Newhouse Partnership.
BUSINESS
By Patricia Meisol and Patricia Meisol,Sun Staff Writer | March 11, 1994
CMG Health Inc., a mental health and substance abuse provider to more than 1.4 million people nationwide, said yesterday that it has signed an agreement to serve members of Humana Inc. that would double its size in two years.The Owings Mills company, started in 1986, provides 24-hour mental health care through its own networks of doctors and facilities in 33 states. It had sales of more than $29 million in 1993. The alliance with Kentucky-based Humana, which owns health maintenance organizations, calls for CMG to manage mental health for its HMO members in selected locations.
BUSINESS
March 13, 2008
Humana Inc. Shares declined $6.50 yesterday to finish at $40.88. Higher-than-expected claims in stand-alone prescription drug plans caused the health insurer to slash its first-quarter and full-year profit outlook.
BUSINESS
By Dan Thanh Dang | March 20, 2007
You cash a check for $200, but a bank teller accidentally gives you $100 extra. Do you take it back and inform the teller of the mistake? Or do you scamper off gleefully to buy the complete set of HBO's Deadwood Season Two? Does that answer change if it was an ATM error rather than human error? Would you lie about a child's age to get a lower price? Change the price tag on merchandise in a store? Accept a CD from a friend who just burned a rock group's newest album on the computer? Whether we allow ourselves to benefit or steer clear of such dubious fortune has been examined for ages by experts who study consumer behavior.
BUSINESS
By Patricia Meisol and Patricia Meisol,Sun Staff Writer | March 11, 1994
CMG Health Inc., a mental health and substance abuse provider to more than 1.4 million people nationwide, said yesterday that it has signed an agreement to serve members of Humana Inc. that would double its size in two years.The Owings Mills company, started in 1986, provides 24-hour mental health care through its own networks of doctors and facilities in 33 states. It had sales of more than $29 million in 1993. The alliance with Kentucky-based Humana, which owns health maintenance organizations, calls for CMG to manage mental health for its HMO members in selected locations.
BUSINESS
March 1, 1994
Investors sue Lehman BrothersA group of investors is suing Lehman Brothers Inc. for $100 million, claiming a predecessor of the securities firm used deceptive tactics to sell real-estate limited partnerships that were arranged in a way that left them worthless, said the group's attorney.The attorney said his clients filed suit, seeking class-action status, yesterday in U.S. District Court in Dallas on behalf of thousands of investors in four of 11 similar partnerships sold by E. F. Hutton in the 1980s that raised $250 million.
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