-- 2024 Full Year Diluted EPS of $6.31; Adjusted Diluted EPS of $7.17 -- 2024 adjusted diluted EPS of $7.17, up 7% from $6.68 in 2023. Membership increases of 12% in Marketplace and 50% in Medicare PDP, compared to the fourth quarter of 2023. Executed on capital deployment with $3.0 billion of share repurchases in 2024. Increased 2025 premium and service revenues guidance by $4.0 billion driven by Medicaid revenue and better than expected membership performance during the annual enrollment period in Medicar ...

Exhibit 99.1 N E W S R E L E A S E Contact: Investor Relations Inquiries Media Inquiries Jennifer Gilligan Isabella Wiltse Senior Vice President, Finance & Investor Relations Vice President, Media & Public Relations (212) 549-1306 (314) 445-0790 | 2024 Results | | | | | | --- | --- | --- | --- | --- | | | | Q4 | | Full Year | | Total revenues (in millions) | $ | 40,805 | $ | 163,071 | | Premium and service revenues (in millions) | $ | 36,296 | $ | 145,505 | | Health benefits ratio | | 89.6 % | | 88.3 % | | ...

Wall Street analysts expect Centene (CNC) to post quarterly earnings of $0.49 per share in its upcoming report, which indicates a year-over-year increase of 8.9%. Revenues are expected to be $38.96 billion, down 1.3% from the year-ago quarter.The current level reflects a downward revision of 0.1% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Prior to a company ...

Healthcare plan provider Centene Corporation (CNC) is set to report fourth-quarter 2024 results on Feb. 4, 2025, before the opening bell. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings is currently pegged at 49 cents per share on revenues of $38.96 billion. See the Zacks Earnings Calendar to stay ahead of market-making news.The fourth-quarter earnings estimate remained stable over the past 30 days. The bottom-line projection indicates year-over-year growth of 8.9%. However, the Zacks ...

Centene Corporation (CNC) recently unveiled that its subsidiary, 'Ohana Health Plan, collaborated with the nonprofit homeless services organization on Hawaii Island, Hope Services Hawaii. The tie-up was meant to introduce a residential program offering integrated clinical care exclusively to 'Ohana Health Plan members. The transitional housing and structured support are provided through a property, which is owned by the County of Hawaii and operates under an existing lease agreement with Hope Services. It i ...

The six-bed, Hilo-based home is reserved exclusively for 'Ohana Health Plan members and provides integrated, sustained clinical care and case management for an average one-year stay. The property is owned by the County of Hawaii, which has an existing lease with Hope Services to provide emergency shelter for individuals experiencing homelessness. The treatment-based residential program provides: Behavioral health (BH) case management Licensed BH clinician for therapy and psychosocial rehabilitation groups ...

The U.S. health insurance industry, referred to as Health Maintenance Organization (“HMO”), is poised to benefit from an expanding customer base, ensuring a steady stream of premium income for its participants. Anticipated interest rate cuts in 2025 are likely to revive merger and acquisition (M&A) activity within the sector. While investments in technology aim to enhance operational efficiency, they often lead to increased costs for industry players. Additionally, the persistent shortage of medical personn ...

New leadership role reflects Centene's focus on ICHRA growthST LOUIS, Jan. 9, 2025 /PRNewswire/ -- Centene Corporation ("Centene") [NYSE: CNC], a leading healthcare enterprise committed to helping people live healthier lives, is pleased to announce that Alan Silver has joined the organization as the President of its Ambetter Health Solutions business, which focuses on ICHRA (Individual Coverage Health Reimbursement Arrangements). This newly created role reflects Centene's belief that consumers increasingly ...

Emergency Response and Member Support - Health Net is providing special assistance to members affected by the Palisades Fire and windstorm conditions in Los Angeles and Ventura Counties, ensuring uninterrupted access to essential prescription medications, critical information, and healthcare services [1] - Members have access to Health Net Behavioral Health Services for coping support, including referrals to mental health counselors, local services, and phone consultations, available 24/7 [2] - Health Net offers telehealth services at no cost during the State of Emergency, allowing members to access video medical appointments if they cannot reach their primary care provider [3] Healthcare Provider Support - Doctors and nurse practitioners can call Health Net for assistance with various needs, including emergency prescription refill guidelines and escalating approvals to reduce turnaround times [4][7] - Health Net may take additional steps to ensure members have access to necessary healthcare services depending on the duration of the emergency [4] Company Overview - Health Net, a subsidiary of Centene Corporation, has been operating in California for over 45 years and serves more than three million members across the state [5] - The company provides health plans for individuals, families, businesses, and those who qualify for Medi-Cal or Medicare, with a network of over 90,000 providers [5] - Health Net offers access to substance abuse programs, behavioral health services, employee assistance programs, and managed healthcare products related to prescription drugs [5] Emergency Medication Access - Members affected by the Palisades Fire and windstorm conditions can obtain an emergency supply of medication from their original drug store, or call Health Net for assistance if the store is closed [6]

MHS Serves supports the advancement of programs and innovations to improve health equity efforts statewide. INDIANAPOLIS, Jan. 7, 2025 /PRNewswire/ -- MHS Serves, a health equity program from Managed Health Services (MHS), a managed care entity that has been proudly serving the state of Indiana for over 25 years and a Centene Corporation company (NYSE: CNC), announced today the next funding opportunity for community organizations focused around youth mental health. This new partnership opportunity, Youth Me ...