Humana Inc. · NYSE:HUM
Humana — Q3 2022 Earnings Presentation
15 slides from Humana's earnings presentation, Nov 10, 2022
Slide 1: Interim Report Q3 2022
Everyone is entitled to a good life. Interim Report Q3 2022 November 10, 2022
Slide 2: Continuous improvements and profitable growth
Continuous improvements and profitable growth Financial Staffing Inflation Introducing performance challenges pressure social outcomes close to targets Revision of Increased Swedish election strategy scrutiny - Interim Report Q3 2022 - 2
Slide 3: Revenue & EBIT Contribution
Revenue & EBIT Contribution Share of Revenue in Q3 2022 Share of EBIT* in Q3 2022 * Net central admin costs - Interim Report Q3 2022 - 3
Slide 4: Financial targets and development
Financial targets and development Organic Growth Profitability Capital Structure - Interim Report Q3 2022 - 4
Slide 5: Performance breakdown
Performance breakdown EBIT Bridge (LY to Actual) Key Drivers - Interim Report Q3 2022 - 5
Slide 6: Personal Assistance
Personal Assistance Acquired growth with margin pressure Performance Key Takeaways • Sales growth of 19%, negative organic contribution of approximately -1% • Salary increase from Jul 1, 2022 • Reimbursement adjusted from Jan 1, 2023 • Integration of Assistans för dig according to plan • Staffing ch
Slide 7: Individual & Family
Individual & Family Closing the performance gap Performance Key Takeaways • Strong growth of 12%, organic contribution of 6% • High occupancy in segment Adult • Margin back to last year’s level • Profitability recovery in Child & Youth • Price adjustments giving effect • Good pace of ramp ups of new
Slide 8: Elderly Care
Elderly Care Finally on profitable ground Performance Key Takeaways • Good ramp-up pace, with 20% organic growth • Effect on targeted efforts to increase occupancy • Margins improving, although in seasonally high third quarter • Cost efficiency initiatives - Interim Report Q3 2022 - 8
Slide 9: Finland
Finland Combating staffing challenges and realising specialisation strategy in focus Performance Key Takeaways • Continued staffing challenges • Sick levels approaching normal, but not there yet • Growth at 19%, 4% organic • Shifting towards more specialized care within Child and Youth • Acquisition
Slide 10: Norway
Norway Stable performance, adapting to long term sustainability Performance Key Takeaways • Stable demand • Increased number of clients in all segments except in Child and Youth • Political climate and regulatory requirements adds pressure in particularly Child and Youth • Staffing challenges • More
Slide 11: Cash Flow
Cash Flow Cash flow decreased mainly through lower profit, and working capital tied up related to acquisitions - Interim Report Q3 2022 - 11
Slide 12: Quality and social sustainability
Quality and social sustainability Price pressure and Quality competition efficient care Freedom of Social choice innovation 12
Slide 13: Social outcome measurements
Social outcome measurements Quality competition and social innovation Key Takeaways Four output measurements I&F • Continue measuring quality through HQI • Monitor serious repeated deviations • Increasing demands on social care • Need for use of evidence-based treatment methods • Higher degree of in
Slide 14: Summary
Summary Focus going forward A quarter with positive signals, bridging the profitability gap YoY and taking a major step forward in quality competition - Interim Report Q3 2022 - 14
Slide 15: Thanks!
Thanks! Financial Calendar Further Information Ewelina Pettersson Interim report Jan-Dec, Q4 2022 10 Feb 2023 Interim report Jan-Mar, Q1 2023 4 May 2023 IR manager Interim report Jan-Jun, Q2 2023 21 Jul 2023 +46 73 074 7912 ewelina.pettersson@humana.se - Interim Report Q3 2022 - 15