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Centene Profits Hit $1.1 Billion As Obamacare Offsets Drop In Medicaid
Forbes· 2024-07-26 10:33
© 2023 Bloomberg Finance LP "While we have work to do in Medicaid as redeterminations wind down, the overall performance of the diversified portfolio enables us to remain on track for 2024 adjusted diluted EPS guidance," Centene chief executive officer Sarah M. London said. "At the same time, we continue to make important progress on operations and quality that positions us well to serve our members and deliver long-term profitable growth." The growth in commercial marketplace, or Obamacare, helped increase ...
Centene(CNC) - 2024 Q2 - Quarterly Results
2024-07-25 22:07
Exhibit 99.1 N E W S R E L E A S E Contact: Investor Relations Inquiries Media Inquiries Jennifer Gilligan Shannon Susko (212) 549-1306 (314) 445-0790 Senior Vice President, Finance & Investor Relations Senior Vice President, Chief Communications Officer FOR IMMEDIATE RELEASE CENTENE CORPORATION REPORTS SECOND QUARTER 2024 RESULTS -- Diluted EPS of $2.16; Adjusted Diluted EPS of $2.42 -- -- Reaffirms 2024 Adjusted Diluted EPS Guidance Floor of Greater Than $6.80 -- ST. LOUIS, July 26, 2024 -- Centene Corpor ...
Centene(CNC) - 2024 Q2 - Quarterly Report
2024-07-25 22:05
FORM 10-Q ____________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ ____________________________________________ Commission file number: 001-31826 ____________________________________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSIO ...
Unlocking Q2 Potential of Centene (CNC): Exploring Wall Street Estimates for Key Metrics
ZACKS· 2024-07-23 14:16
Over the last 30 days, there has been an upward revision of 2.1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe. While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding. The comb ...
Can Centene (CNC) Navigate Falling Memberships in Q2 Earnings?
ZACKS· 2024-07-22 19:11
Centene Corporation (CNC) is set to report its second-quarter 2024 results on Jul 26, before the opening bell. The Zacks Consensus Estimate for second-quarter earnings is currently pegged at $1.91 per share, implying a decline of 9.1% from the year-ago reported number. The estimate was revised downward by two analysts in the past month against no movement in the opposite direction, resulting in a decrease of 4 cents from $1.95 per share. The Zacks Consensus Estimate for second-quarter revenues is currently ...
WellCare Welcome Room Opens in Raleigh, Providing Healthcare Resources and Community Support
Prnewswire· 2024-07-18 16:59
Core Points - WellCare of North Carolina has announced the grand opening of a new Welcome Room in Raleigh, aimed at assisting members with health plans and benefits [2][5] - The Raleigh Welcome Room is the sixth location of its kind in North Carolina, serving as a community hub for healthcare support and information [4][6] Group 1 - The Grand Ribbon Cutting Ceremony is scheduled for July 19, 2024, and a Community Cookout will follow on July 20, 2024 [1] - WellCare Welcome Rooms provide accessible healthcare resources without the need for appointments, enhancing community engagement [4][6] - WellCare of North Carolina operates under various health plans, including Medicaid, Medicare Advantage, and Marketplace services [5] Group 2 - The new facility reflects WellCare's commitment to fostering a healthier community and making a positive impact in the Raleigh area [6]
Newsweek Names Health Net Among America's Greatest Workplaces for LGBTQ+ 2024
Prnewswire· 2024-07-18 15:00
This award recognizes Health Net's impact and commitment to fostering diverse and inclusive environments for all employees. "At Health Net, we believe a diverse workforce is the best way to serve our more than 3 million members," said Health Net Plan President and Chief Executive Officer, Brian Ternan. "This recognition reflects our strong and lasting commitment to diversity, equity, inclusion and belonging, and ensuring all employees feel safe, valued and supported." Inclusive workplaces benefit from incre ...
Louisiana Healthcare Connections' New System Speeds Up Disaster Response for Vulnerable Patients After a Hurricane
Prnewswire· 2024-07-18 14:53
One member, Siairra, recounts the two lives saved when she had to evacuate during Hurricane Ida. Louisiana Healthcare Connections stepped in to make sure that not only her delivery of tiny Nila Rose was covered, but also that her needs were covered, with a place to stay, groceries, clothing, and other post-partum care, such as a breast pump, while Nila spent a month in NICU after delivery. Kevin Holt, Senior Crisis Management Analyst for Louisiana Healthcare Connections emphasized the significance of multi- ...
WellCare of North Carolina Receives NCQA Health Equity Accreditation Ahead of 2025 Requirement
Prnewswire· 2024-07-10 13:15
RALEIGH, N.C., July 10, 2024 /PRNewswire/ -- Today WellCare of North Carolina (WellCare), a Medicaid health plan and subsidiary of Centene Corporation (NYSE: CNC) has received Health Equity Accreditation Status by the National Committee for Quality Assurance (NCQA). Originally mandated for completion by midyear 2025, WellCare achieved this milestone in mid-year 2024, showcasing its strong commitment to health equity. Wellcare of NC (PRNewsfoto/WellCare of North Carolina)Wellcare of NC (PRNewsfoto/WellCare o ...
CENTENE CORPORATION TO HOST 2024 SECOND QUARTER FINANCIAL RESULTS EARNINGS CALL
Prnewswire· 2024-07-02 12:30
A webcast replay will be available for on-demand listening shortly following the completion of the call for the next 12 months or until 11:59 p.m. ET on Friday, July 25, 2025, at the aforementioned URL. In addition, a digital audio playback will be available until 9 a.m. ET on Friday, August 2, 2024, by dialing 1-877-344-7529 in the U.S., 1-855-669-9658 in Canada, or +1-412-317-0088 from abroad, and entering access code 7407521. SOURCE Centene Corporation Investors and other interested parties are invited t ...