Grant will address maternal and infant health disparities through deployment of mobile vans to maternal health equity zonesDETROIT, Feb. 15, 2024 /PRNewswire/ -- Meridian in Michigan, a leading managed care organization in the state of Michigan and a wholly owned subsidiary of Centene Corporation (NYSE: CNC), announced a partnership with the Wayne Mobile Health Unit (WMHU) to improve maternal and infant health and broadly support the WMHU's community outreach efforts to deliver preventative health services ...

Centene Corporation’s (CNC) Medicaid brand and a wholly owned subsidiary, WellCare for North Carolina, recently announced its partnership with Reinvestment Partners. Under this partnership, WellCare members will get enrolled in the Eat Well Program and gain access to a prepaid credit card worth $80 a month.This move bodes well for Centene as eligible WellCare Medicaid members will be able to use the card to buy healthy fruits and vegetables. This way, the company can reduce its claim costs as healthy insure ...

Investors looking for stocks in the Medical - HMOs sector might want to consider either Centene (CNC) or Humana (HUM) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with speci ...

Eat Well Program to Provide Financial Assistance for over 1,600 Medicaid Members to Purchase Fruits and VegetablesDURHAM, N.C., Feb. 13, 2024 /PRNewswire/ -- WellCare of North Carolina, a wholly owned subsidiary of Centene Corporation (NYSE: CNC) announced today a partnership with Reinvestment Partners, a North Carolina non-profit organization dedicated to enhancing health by enrolling WellCare members in the Eat Well Program (Eat Well). EatWell Eat Well will provide eligible WellCare Medicaid members w ...

Value investors actively look for stocks that they think the market has undervalued. It is their belief that the market overreacts to good and bad news, which results in stock price movements that do not correspond with a company's long-term fundamentals. This, according to them, creates an opportunity to profit when the price of the stock goes down. Value investors turn to financial ratios to help analyze a company's fundamentals.The price-to-book (P/B) ratio is widely favored by value investors for identi ...

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Centene Corporation (CNC) reported fourth-quarter 2023 adjusted earnings per share (EPS) of 45 cents, which beat the Zacks Consensus Estimate by 4.7%. The bottom line declined 47.7% year over year.Revenues of Centene amounted to $39.5 billion, which improved 11% year over year. The top line outpaced the consensus mark by 9.6%.The better-than-expected quarterly results benefited from growing marketplace membership, business wins and commercial growth. However, the positives were partially offset by rising op ...

Centene Corporation (NYSE:CNC) Q4 2023 Earnings Conference Call February 6, 2024 8:30 AM ET Company Participants Sarah London - Chief Executive Officer Ken Fasola - President Drew Asher - Chief Financial Officer Jenn Gilligan - Head of Investor Relations Conference Call Participants Stephen Baxter - Wells Fargo Josh Raskin - Nephron Research Kevin Fischbeck - Bank of America Justin Lake - Wolfe Research AJ Rice - UBS Scott Fidel - Stephens Lance Wilkes - Bernstein Cal Sternick - JP Morgan Gary Taylor - TD C ...

Centene (CNC) reported $39.46 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 11%. EPS of $0.45 for the same period compares to $0.86 a year ago.The reported revenue represents a surprise of +9.63% over the Zacks Consensus Estimate of $35.99 billion. With the consensus EPS estimate being $0.43, the EPS surprise was +4.65%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ex ...

Superior's family-friendly policies include workplace flexibility, parental and caregiver leave. AUSTIN, Texas, Feb. 6, 2024 /PRNewswire/ -- Superior HealthPlan ("Superior"), a leading managed care organization in Texas and wholly owned subsidiary of Centene Corporation (NYSE: CNC), today announced it has been named a Best Place for Working Parents® for a fourth consecutive year. This designation is supported by Early Matters Greater Austin, a joint initiative from United Way for Greater Austin and E3 Allia ...