Centene(CNC)
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Oklahoma Complete Health Encourages Members to Complete Health Risk Screening Form to Access Additional Services
Prnewswire· 2024-05-15 12:30
OKLAHOMA CITY, May 15, 2024 /PRNewswire/ -- Oklahoma Complete Health, a care management organization serving the needs of Oklahomans with a range of health insurance solutions, and a subsidiary of Centene Corporation (NYSE: CNC), encourages SoonerSelect members to complete the My Health Screening forms to fully leverage their comprehensive healthcare benefit. Oklahoma Complete Health has reached out to every new member since the plan launch on April 1, 2024. Members fill out a My Health Screening form to wo ...
CENTENE SUBSIDIARY SUNFLOWER HEALTH PLAN SELECTED FOR KANSAS MEDICAID AWARD
Prnewswire· 2024-05-14 19:54
Core Message - Centene Corporation's subsidiary, Sunflower Health Plan, has been selected by the Kansas Department of Administration to continue providing managed health care services through KanCare, the State of Kansas' Medicaid and Children's Health Insurance Program (CHIP) [1] - The new three-year contract is expected to take effect on January 1, 2025, with the option to renew for up to two, 12-month extensions [1] Company Overview - Centene Corporation is a Fortune 500 company and a leading healthcare enterprise committed to helping people live healthier lives [5] - The company provides fully integrated, high-quality, and cost-effective services to government-sponsored and commercial healthcare programs, focusing on under-insured and uninsured individuals [5] - Centene offers affordable and high-quality products to nearly 1 in 15 individuals across the nation, including Medicaid and Medicare members [5] Sunflower Health Plan - Sunflower Health Plan is a managed care organization established to deliver quality healthcare in the state of Kansas through local, regional, and community-based resources [7] - Sunflower currently serves more than 141,000 Kansans statewide, including more than 7,900 Long-Term Services and Supports (LTSS) members [2] - Sunflower is one of three Medicaid managed care organizations selected to provide services through KanCare [2] Leadership Statements - Centene CEO Sarah M London expressed honor in continuing the company's more than a decade-long history of serving people who depend on Medicaid in Kansas [3] - Sunflower Plan President and CEO Michael Stephens emphasized the commitment to reducing healthcare disparities and improving health outcomes through holistic and integrated care [4] Industry Context - Centene is a national leader in the provision of programs and related services under Medicaid, CHIP, and other government-funded programs [3] - The company's affiliates service more than 13 million Medicaid members across 31 states and comprise the largest managed LTSS footprint nationwide, with more than 169,000 managed LTSS members in 12 states and 26,500 members with intellectual and developmental disabilities [3]
Uvalde Consolidated Independent School District Expands Student Healthcare Services through Partnership with Hazel Health and Superior HealthPlan
Prnewswire· 2024-05-08 15:28
Funding provides access to telehealth services for all students enrolled in the district at no cost through the 2028-29 school year.UVALDE, Texas, May 8, 2024 /PRNewswire/ -- Uvalde Consolidated Independent School District (UCISD) today announced that students will have access to virtual health care through a partnership with Hazel Health, a leading telehealth provider, and Superior HealthPlan (Superior), the Texas-based subsidiary of Centene Corporation (NYSE: CNC). Thanks to an investment of $250,000 from ...
Meridian in Michigan and the Centene Foundation Announce $1.1 million Grant to Neighborhood Service Organization
Prnewswire· 2024-05-07 12:30
Grant funds medical respite program to improve healthcare and housing stability for Detroit's homeless population.DETROIT, May 7, 2024 /PRNewswire/ -- Meridian in Michigan, a leading managed care organization in the state of Michigan and a wholly-owned subsidiary of Centene Corporation (NYSE: CNC) and the Centene Foundation, the philanthropic arm of Centene Corporation, announced today a $1.1 million grant to the Neighborhood Service Organization (NSO), an integrated health and human service agency based i ...
Wellcare and Wellvana Announce Partnership to Expand Patient-Centered Primary Care for Benefit of Medicare Advantage Members in Georgia, Tennessee and Texas
Prnewswire· 2024-05-02 13:15
ST. LOUIS and NASHVILLE, Tenn., May 2, 2024 /PRNewswire/ -- Wellcare, the Medicare business of Centene Corporation (NYSE: CNC), and Wellvana, a value-based care physician enablement company, today announced a multi-year partnership that seeks to expand affordable, patient-centered primary healthcare to thousands of Wellcare Medicare Advantage members in Georgia, Tennessee and Texas. The partnership will support independent primary care physicians involved in valued-based care in those states to improve clin ...
Why Centene (CNC) is a Top Momentum Stock for the Long-Term
Zacks Investment Research· 2024-05-01 14:56
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?Developed ...
Centene (CNC) Q1 Earnings Beat on Premiums, '24 EPS View Hiked
Zacks Investment Research· 2024-04-26 17:15
Centene Corporation (CNC) reported first-quarter 2023 adjusted earnings per share (EPS) of $2.26, which outpaced the Zacks Consensus Estimate by 8.1%. The bottom line improved 7.1% year over year.Revenues advanced 3.9% year over year to $40.4 billion. The top line beat the consensus mark by 11%.The quarterly results benefited on the back of solid Marketplace membership growth and contract wins, which fetched improved premiums to the health insurer. Steady growth of the Medicare business also contributed to ...
Centene(CNC) - 2024 Q1 - Earnings Call Transcript
2024-04-26 16:14
Centene Corporation (NYSE:CNC) Q1 2024 Earnings Call Transcript April 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 Kevin Fischbeck - Bank of America Stephen Baxter - Wells Fargo Justin Lake - Wolfe Research Josh Raskin - Nephron Research Andrew Mok - Barclays Nathan Rich - Goldman Sachs Sarah James - Cantor Fitzgerald Gary Taylor - TD Cowen Ca ...
Compared to Estimates, Centene (CNC) Q1 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-04-26 14:36
For the quarter ended March 2024, Centene (CNC) reported revenue of $40.41 billion, up 3.9% over the same period last year. EPS came in at $2.26, compared to $2.11 in the year-ago quarter.The reported revenue represents a surprise of +10.97% over the Zacks Consensus Estimate of $36.41 billion. With the consensus EPS estimate being $2.09, the EPS surprise was +8.13%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their nex ...
Centene Profits Eclipse $1 Billion Thanks To Big Obamacare Enrollment
Forbes· 2024-04-26 11:07
Centene reported first quarter 2024 profits of $1.1 billion as membership and premium revenue grew ... [+] thanks to a big increase in Obamacare enrollment, the health insurer said Friday. In this picture is, Sarah London, chief executive officer of Centene Corp., during the Forbes Healthcare Summit in New York, US, on Tuesday, Dec. 5, 2023. T Photographer: Michael Nagle/Bloomberg© 2023 Bloomberg Finance LPCentene reported first quarter profits of $1.1 billion as membership and premium revenue grew thanks t ...