
Humana's 2023 Revenue Jumps 14.5% to $106.4B Amidst Net Income Decline and Medicare Advantage Growth
Humana Inc.Description
What this story covers
Humana's 2023 revenue grew 14 point 5 percent to 106 point 4 billion dollars, driven by Medicare Advantage, despite net income falling to 2 point 5 billion dollars due to non-recurring gains and higher utilization. Strategic exits and a pending CMS rule on Medicare Advantage payments pose significant future impacts.
Story snapshot
CompanyHumana Inc.
TickerHUM
VariantStandard detailed
Duration34:04
Filing type10-K
PeriodAnnual 2023
IndustryHealthcare & Pharmaceuticals
Accession0000049071-24-000012
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