Core Points - Superior HealthPlan is celebrating its 25th anniversary by launching the Anniversary Grant Program, offering $25,000 to one eligible community organization or school to support local needs [2][3] - Since 2020, Superior has awarded nearly $500,000 in grants to 225 organizations, focusing on vulnerable populations in Texas [3] - The application deadline for the grant is August 30, 2024, and previous grant winners are also eligible to apply [4] Company Overview - Superior HealthPlan, founded in 1999, is a managed care organization operating throughout Texas, with over 3,200 employees [6] - The company is a subsidiary of Centene Corporation, which is dedicated to improving community health [6]

Pilot Program Now Fully Launched and Available to Members in all 100 N.C. Counties RALEIGH, N.C., July 31, 2024 /PRNewswire/ -- WellCare of North Carolina (WellCare), a Medicaid health plan and a Centene Corporation (NYSE: CNC) company, and Expressable, the market leader in research-based, family-centered speech therapy care, announced today they are expanding their partnership to offer advanced speech therapy interventions to underserved populations in North Carolina. Over the last year, Expressable and We ...

Funds to support 25 tiny homes and the implementation of a new crisis response program The grant will also support the implementation of an Alternative Crisis Response (ARC) pilot program, which provides wraparound services for an individual's physical and behavioral health, including trauma-informed care, crisis de-escalation services, in-person intervention and transportation to behavioral health services for the unhoused population of Redondo Beach. "Redondo Beach City Council and Health Net have been st ...

TAMPA, Fla., July 31, 2024 /PRNewswire/ -- Big Brothers Big Sisters of America (BBBSA), the nation's preeminent one-to-one youth mentoring organization, today announced the election of its newest Board member, Centene Corporation [Centene] (NYSE: CNC) Executive Vice President (EVP) of External Affairs, Jonathan Dinesman. Centene, a leading healthcare enterprise focused on transforming the health of the communities it serves, has been a long-time partner of BBBSA. Jon Dinesman Dinesman oversees Federal and S ...

SACRAMENTO, Calif., July 29, 2024 /PRNewswire/ -- In response to Gov. Gavin Newsom's declared state of emergency in Plumas, Butte and Tehama counties, Health Net, one of California's most experienced Medi-Cal managed care health plans and company of Centene Corporation, is providing special assistance to assist members affected by the Gold Complex and Park Fires. Health Net is committed to ensuring its members have uninterrupted access to essential prescription medications, critical Health Net information a ...

Centene (CNC) shares jumped in intraday trading Friday as the managed care provider reported better-thanexpected profit and sales and raised its guidance as its premium and services sales and members increased. The company posted second-quarter adjusted earnings per share (EPS) of $2.42, with revenue gaining 5.9% year-over-year to $39.84 billion. Analysts polled by Visible Alpha were expecting adjusted EPS of $2.11 on revenue of $36.79 billion. Memberships increased by 65,800 to 28.48 million. Chief Executi ...

Revenues rose 5.9% year over year to $39.8 billion. The top line beat the consensus mark by 9.1%. Quarterly Operational Update Premiums of Centene rose 4.2% year over year to $35.1 billion, higher than the Zacks Consensus Estimate of $33 billion. The improvement came on the back of a growing customer base in the Marketplace business as a result of solid product positioning and growth in the overall market, partly offset by a decline in Medicaid membership stemming from redeterminations. As of Jun 30, 2024, ...

Centene Corporation. (NYSE:CNC) Q2 2024 Earnings Conference Call July 26, 2024 8:30 AM ET Company Participants Jennifer Gilligan - SVP, Finance and Investor Relations Sarah London - Chief Executive Officer Andrew Asher - EVP and Chief Financial Officer Conference Call Participants Stephen Baxter - Wells Fargo Justin Lake - Wolfe Research Josh Raskin - Nefron Research A.J. Rice - UBS Adam Ron - Bank of America Scott Fidel - Stephens David Windley - Jefferies Lance Wilkes - Bernstein Andrew Mok - Barclays Mic ...

For the quarter ended June 2024, Centene (CNC) reported revenue of $39.84 billion, up 5.9% over the same period last year. EPS came in at $2.42, compared to $2.10 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $36.51 billion, representing a surprise of +9.10%. The company delivered an EPS surprise of -0.82%, with the consensus EPS estimate being $2.44. Total Medical Health (Benefits) loss Ratios -Total Ratio (HBR): 87.6% versus the five-analyst average estimate of ...

Centene (CNC) came out with quarterly earnings of $2.42 per share, missing the Zacks Consensus Estimate of $2.44 per share. This compares to earnings of $2.10 per share a year ago. These figures are adjusted for nonrecurring items. Over the last four quarters, the company has surpassed consensus EPS estimates three times. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earn ...