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 ...

Centene Corporation (CNC) currently gains from improved premium and service revenues, numerous contract wins, an expanding Marketplace business and a sound financial position.CNC’s Zacks Rank & Price PerformanceCentene currently carries a Zacks Rank #3 (Hold).The stock has gained 5.1% in the past month against the industry’s 8.3% decline. The Zacks Medical sector declined 6.1% while the S&P 500 composite decreased 1.4% in the same time frame.Image Source: Zacks Investment ResearchCentene’s Robust Growth Pro ...

Health Net Assisting Members During State of EmergencySACRAMENTO, Calif., Dec. 18, 2024 /PRNewswire/ -- In response to Gov. Gavin Newsom's declared state of emergency in California, Health Net, one of the state's most experienced Medi-Cal managed care health plans and company of Centene Corporation (NYSE: CNC), is providing special assistance to members affected by the Bird Flu. Health Net is committed to ensuring its members have uninterrupted access to essential prescription medications, critical Health N ...

The funding will help address the mental health needs of local children and youth. AUSTIN, Texas, Dec. 16, 2024 /PRNewswire/ -- Superior HealthPlan ("Superior"), a leading managed care organization in Texas and a company of Centene Corporation (NYSE: CNC), announced today that National Alliance on Mental Illness (NAMI) El Paso has been awarded a $25,000 grant in recognition of Superior's 25-year anniversary celebration. The funding will be used to help support the mental health needs of children and youth i ...