Centene Corporation (CNC) recently unveiled that its Iowa-based subsidiary, Iowa Total Care, has been selected by the Iowa Department of Health and Human Services (HHS) to continue delivering Medicaid managed care services to members of the Iowa Health Link program. The new agreement, likely to commence on July 1, 2025, will initially run for a tenure of four years and can be extended for up to two years. This program serves eligible adults, children and pregnant women enrolled in Iowa Medicaid, the Iowa He ...

Key Takeaways Health insurance provider stocks fell after Centene executives raised concerns about Medicaid enrollments. Centene CEO Sarah London warned that the firm continues to see the impact of the so-called "unwinding" process of determining who is eligible for Medicaid. CFO Drew Asher said Centene's outlook for the number of Medicaid clients this year would be fewer than previously estimated. Shares of health insurers lost ground Wednesday as executives at Centene (CNC) warned about a pullback in the ...

Shares of Centene Corporation (CNC) have risen 28.7% in the past year compared with the industry's 20.8% growth. The Medical sector and the S&P 500 composite index grew 11.5% and 24.9%, respectively, in the same time frame. With a market capitalization of $41.5 billion, the average volume of shares traded in the past three months was 3.7 million. Centene remains well-poised for growth on the back of a sound membership base, Medicaid contract wins, growing Marketplace business and expanding cash reserves. Th ...

Centene Corporation (CNC) recently announced that its specialty pharmacy subsidiary, AcariaHealth, has relocated its Homescripts pharmacy to a new 33,000-square-foot facility in Shelby Township, MI, to enhance patient care and support future growth. The facility aims to improve medication access and adherence for patients with complex conditions through its free goods programs and modernized services. The move is expected to positively impact Centene by enhancing its specialty pharmacy capabilities and pati ...

ST. LOUIS, Aug. 29, 2024 /PRNewswire/ -- Centene Corporation (NYSE: CNC), a leading healthcare enterprise committed to helping people live healthier lives, announced today it will present at the 2024 Wells Fargo Healthcare Conference. Centene will present on Wednesday, September 4 at 8:45 a.m. Eastern Daylight Time (EDT). A simultaneous live audio webcast will be available at: https://event.webcasts.com/starthere.jsp? ei=1683335&tp_key=ee7495a9c5&tp_special=8. A webcast replay will be available following th ...

"We believe that investing in our employees and the communities we serve is integral to improving health outcomes and enhancing quality of life," said Chief Executive Officer of AcariaHealth, Jessica Ciccolella-Kahl. "We are grateful for the opportunity to contribute to the vibrant Shelby Township community and look forward to utilizing this beautiful new facility to support patients across the country." Homescripts offers manufacturer-led medication programs for Patient Assistance, Bridge, Interim, and Rep ...

designer491/iStock via Getty Images Investment Thesis I am bullish on Centene Corporation (NYSE:CNC) due to its market position and competitive advantage. I have a buy rating for this stock owing to its robust financials, r anind of cintler. Corpolation (11 v s. Centence has positions incel as a managed care marked deach promatibe chosing on the consing construeten duoten mancer and toden ma expanding steadliy throughout the past decade. Over the last 10, it has had a price return of 313.77% almost double t ...

ST. LOUIS, Aug. 15, 2024 /PRNewswire/ -- Centene Corporation (NYSE: CNC) ("the Company") announced today that it has appointed Thomas R. Greco to the Centene Board of Directors, effective Aug. 9, 2024. Mr. Greco's term will run through the Company's 2025 annual meeting of stockholders. The appointment of Mr. Greco expands Centene's Board of Directors to 11 members. Thomas R. GrecoThomas R. Greco Mr. Greco is a seasoned operator and executive who brings more than four decades of public company leadership and ...

The funding is made available through a quarterly program open to community-based organizations and providers across Texas AUSTIN, Texas, Aug. 13, 2024 /PRNewswire/ -- Superior HealthPlan ("Superior"), a leading managed care organization in Texas and a company of Centene Corporation (NYSE: CNC), has announced the latest recipients of its quarterly community and provider grant program. The funding is targeted to address the needs of low-income neighborhoods and communities in Texas. "Each quarter, we're prou ...

Partnerships with local clinics, providers, community-based organizations and others provide students with backpacks, resources and information. SACRAMENTO, Calif., Aug. 8, 2024 /PRNewswire/ -- Health Net, one of California's most experienced MediCal managed care health plans and a company of Centene Corporation (NYSE: CNC), partnered with more than 30 providers, Federally Qualified Health Centers, clinics, community-based organizations and chambers across the state to deliver 8,000 backpacks stuffed with i ...