The $25,000 contribution will fund the pre-nursing pathway program for students HONOLULU, March 24, 2025 /PRNewswire/ -- 'Ohana Health Plan, a leading provider of government-sponsored managed care services in Hawaiʻi and a Centene Corporation company (NYSE: CNC), announced today a $25,000 contribution to the University of Hawaii Foundation for the 'Ohana Health Plan Pre-Nursing Scholarship at the University of Hawaiʻi West Oʻahu. From left: UH West Oʻahu Vice Chancellor for Academic Affairs Harald Barkh ...

Core Viewpoint - Centene Corporation will release its 2025 first quarter financial results on April 25, 2025, and will host a conference call to discuss these results [1]. Group 1: Financial Results Announcement - The financial results will be released at approximately 6:00 a.m. ET on April 25, 2025 [1]. - A conference call to review the results will take place at 8:30 a.m. ET on the same day [1]. Group 2: Conference Call Participation - Investors can participate in the conference call by dialing 1-877-883-0383 in the U.S. and Canada or +1-412-902-6506 from abroad, using the Elite Entry Number: 9776439 for expedited registration [2]. - The call can also be accessed via a live audio webcast on Centene's website under the Investors section [2]. Group 3: Webcast Replay Information - A webcast replay will be available for on-demand listening for 12 months following the call, until April 24, 2026 [3]. - Digital audio playback will be available until 9 a.m. ET on May 1, 2025, with specific dialing instructions provided [3]. Group 4: Company Overview - Centene Corporation is a Fortune 500 company focused on providing integrated, high-quality, and cost-effective healthcare services, particularly to under-insured and uninsured individuals [4]. - The company serves over 1 in 15 individuals in the U.S., including Medicaid and Medicare members, as well as those in the Health Insurance Marketplace [4]. Group 5: Investor Relations - Centene utilizes its investor relations website to publish important information deemed material to investors [5]. - Financial and other relevant information about Centene is routinely posted and accessible on its investor relations website [5].

Centene Corporation (CNC) recently unveiled that its Illinois subsidiary, Meridian Health Plan of Illinois, Inc., has been chosen by the Illinois Department of Healthcare and Family Services (HFS) to continue providing enhanced managed care services to 77,000 dually eligible residents via a Fully Integrated Dual Eligible Special Needs Plan (D-SNP). This program will provide comprehensive care and support across the state for individuals who qualify for both Medicare and Medicaid, including those enrolled in ...

I write for retail value investors who cannot afford to lose money but sometimes like to take a risk. I speak for free to community and school groups. I was teaching business, social/political activism, and Middle East politics to international university students in Tel Aviv b4 the pandemic hit. A college in Jerusalem hired me to teach business and American Politics beginning in the fall of 2023. I consult with startups and mid-level companies. I co-manage Goldmeier Investments LLC with my son Daniel. I fo ...

ST. LOUIS, March 17, 2025 /PRNewswire/ -- Centene Corporation (NYSE: CNC), a leading healthcare enterprise committed to helping people live healthier lives, announced today that its subsidiary, Meridian Health Plan of Illinois, Inc. (Meridian), has been selected by the Illinois Department of Healthcare and Family Services (HFS) to continue providing Medicare and Medicaid services for dually eligible Illinoisans through a Fully Integrated Dual Eligible Special Needs Plan (D-SNP). The D-SNP program will provi ...

Group 1 - Centene Corporation will present at the Barclays 27th Annual Global Healthcare Conference on March 12, 2025, at 2:30 p.m. EDT via webcast [1] - A replay of the webcast will be available on Centene's website under the Investors section [1] - Centene is a Fortune 500 company focused on providing integrated healthcare services to under-insured and uninsured individuals [2] Group 2 - The company offers affordable and high-quality healthcare products to over 1 in 15 individuals in the nation, including Medicaid and Medicare members [2] - Centene employs a local approach with local brands and teams to deliver cost-effective services [2] - Important information about Centene is routinely posted on its investor relations website [3]

Core Viewpoint - Centene's recent earnings report shows strong performance in adjusted EPS and revenue growth, but challenges remain with membership declines and increased operating expenses [2][3][12]. Financial Performance - Adjusted EPS for Q4 2024 was 80 cents, exceeding estimates by 63.3% and up 77.8% year over year [2]. - Total revenues reached $40.8 billion, a 3.4% increase year over year, surpassing consensus estimates by 4.8% [2]. - Full-year revenues for 2024 were $163.1 billion, a 5.9% increase from 2023, with adjusted EPS of $7.17, up 7.3% year over year [12]. Revenue Breakdown - Medicaid revenues decreased by 1% to $20.8 billion, while Medicare revenues increased by 4% to $5.5 billion [4]. - Commercial revenues grew significantly by 18% year over year to $8.7 billion [4]. - Premiums totaled $35.5 billion, rising 3.8% year over year, exceeding estimates [5]. Membership and Operational Metrics - Total membership as of Dec. 31, 2024, was 28.6 million, a 4.1% increase year over year [7]. - Health Benefits Ratio (HBR) deteriorated by 10 basis points to 89.6% [7]. - Total operating expenses increased by 2.5% to $40.6 billion, driven by higher medical costs and premium tax expenses [8]. Cash Flow and Debt - Cash and cash equivalents stood at $14.1 billion, down 18.2% from the end of 2023 [10]. - Long-term debt rose by 4% to $18.4 billion [10]. - Net cash from operations was $154 million, significantly lower than the previous year [11]. Future Guidance - For 2025, management projects premium and service revenues of $158-$160 billion, indicating a 9.3% growth from 2024 [14]. - Adjusted EPS is expected to exceed $7.25, reflecting a 1.1% increase from 2024 [14]. Market Position and Comparisons - Centene's stock has a Zacks Rank of 3 (Hold), indicating an expectation of in-line returns in the coming months [17]. - In comparison, Cigna, a competitor in the same industry, reported revenues of $65.68 billion, a year-over-year increase of 28.4% [18].

Core Insights - The collaboration between Peach State Health Plan, Centene Foundation, Atlanta Housing, and the City of Atlanta aims to redevelop the Bowen Homes community to enhance access to quality housing, healthcare, and community resources [1][4] - The Centene Foundation's funding marks the first state-level deployment of its partnership with McCormack Baron Salazar, focusing on predevelopment design and local community engagement [2] - The redevelopment plan includes over 750 residential units and recreational amenities, emphasizing health, empowerment, and resilience for families in the community [3] Company Overview - Peach State Health Plan is a care management organization serving Georgians, focusing on Medicaid and under-insured populations through various health insurance solutions [5] - Centene Foundation is a private nonprofit that invests in economically challenged communities, aiming to improve health equity and address social drivers of health [6]

Group 1 - Superior HealthPlan is accepting applications for its annual grant program aimed at community-based organizations and providers in Texas, with a deadline of March 31, 2025 [1][3] - The funding focuses on addressing non-medical drivers of health, also known as social determinants of health, to support low-income neighborhoods [1][2] - Since 2020, Superior has allocated over $740,000 to community partners and providers to tackle barriers to health and wellness [2] Group 2 - In 2025, a total of $200,000 will be distributed, with ten community-based organizations and ten providers each receiving $10,000 [3] - Grant recipients must serve the Medicaid population and are required to allow a follow-up visit by December 15 to demonstrate funding outcomes [5] - All necessary documentation must be submitted by April 30, 2025, to complete the application process [5]

Core Insights - Superior HealthPlan, a managed care organization in Texas and a Centene company, collaborated with local schools to celebrate No One Eats Alone® Day, addressing social isolation among students [1][3] - The event reached 1.5 million students nationwide, with 16 schools in Texas participating in activities designed to foster a sense of belonging and community [5][1] - Beyond Differences, the nonprofit organization behind the initiative, aims to combat social isolation and promote a culture of belonging in schools [9][5] Company Overview - Superior HealthPlan was founded in 1999 and operates throughout Texas, focusing on delivering quality healthcare and community involvement [6] - The Centene Foundation, the philanthropic arm of Centene, supports projects aimed at improving health equity and addressing social determinants of health [8][7] - Beyond Differences provides free Social-Emotional Learning tools to schools, with over 10,000 institutions currently utilizing their programs [9]