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Humana (HUM) and Monida Ink Deal, Enhances In-Network Access

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Humana Inc. (HUM - Free Report) has signed an agreement with Monida Healthcare Network for increasing the in-network access between Monida member hospitals and clinics in Montana for Humana Medicare members. However, terms of the agreement were not disclosed.

With this agreement, Humana Medicare Advantage members would be able to get medical care at the five-member hospitals of the Montana-based association of healthcare providers. The hospitals include Broadwater Health Center (Townsend), Clark Fork Valley Hospital (Plains), Granite County Medical Center (Philipsburg), Mineral Community Hospital (Superior), St. Luke Community Hospital (Ronan) along with 11 Monida member clinic locations across five western Montana counties.

Additionally, the option complements other hospitals such as Barett Hospital & Healthcare in Dillon, previously contracted for in-network access to Humana Medicare Advantage members, who would be facilitated with more medical care location options. As of Mar 31, 2018, Humana had around 19,000 Medicare Advantage members at Montana.

Both companies are well-aligned to meet the needs of patients they serve and this agreement is likely to further improve their quality of service and skills in the near future.

In the past six months, shares of this leading healthcare provider have rallied 17.14%, outperforming the industry's growth of 8.58%. The stock holds a Zacks Rank #2 (Buy).


 

Other Stocks to Consider

Investors interested in the Medical-HMO sector may also take a look at other top-ranked stocks, namely WellCare Health Plans, Inc. (WCG - Free Report) , Anthem, Inc. (ANTM - Free Report) and UnitedHealth Group Incorporated (UNH - Free Report) . You can see the complete list of today’s Zacks #1 Rank stocks here.

WellCare offers managed care services for government-sponsored health care programs. It sports a Zacks Rank #1 (Strong Buy). In the past four quarters, the company managed to come up with an average positive surprise of 51.70%.

Anthem works as a health benefits company in the United States. With a Zacks Rank of 2, it pulled off an average positive earnings surprise of 7.22%.

UnitedHealth works as a diversified health care company in the United States. The stock is a Zacks #2 Ranked player and managed to deliver an average four-quarter beat of 3.64%.

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