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Centene Corp (CNC.N)

CNC.N on New York Stock Exchange

74.02USD
22 May 2017
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Latest Key Developments (Source: Significant Developments)

Centene says Centurion to provide correctional healthcare services in South Florida
Thursday, 11 May 2017 08:00am EDT 

May 11 (Reuters) - Centene Corp :Centene Corp - Centurion Of Florida been chosen to provide correctional healthcare services for florida department of corrections in South Florida.  Full Article

Centene Corp files for potential mixed shelf offering
Wednesday, 3 May 2017 07:01pm EDT 

May 3 (Reuters) - Centene Corp :Files for potential mixed shelf offering; size not disclosed - SEC filing.  Full Article

Centene Corporation says Q1 earnings per share $0.79
Tuesday, 25 Apr 2017 06:00am EDT 

April 25 (Reuters) - Centene Corp :Centene Corporation reports 2017 first quarter results & updates 2017 guidance.Q1 2017 earnings per share $0.79.Q1 adjusted earnings per share $1.12.Q1 earnings per share $0.79.Q1 revenue $11.7 billion versus I/B/E/S view $11.4 billion.Q1 earnings per share view $1.03 -- Thomson Reuters I/B/E/S.Raises 2017 adjusted diluted EPS guidance.Health Benefits Ratio (HBR) of 87.6% for Q1 of 2017, compared to 88.7% in Q1 of 2016.March 31, 2017 managed care membership of 12.1 million, an increase of 605,000 members, or 5% over 2016.Qtrly total revenue $11,724 million versus $6,953 million.Sees 2017 adjusted diluted EPS $ 4.50 - $ 4.90.Sees 2017 total revenues $ 46.0 billion - $ 46.8 billion.Sees 2017 GAAP diluted EPS $ 3.75 - $ 4.15.Sees 2017 consolidated Health Benefits Ratio 87.0% - 87.5%.FY2017 earnings per share view $4.70, revenue view $46.56 billion -- Thomson Reuters I/B/E/S.Qtrly premium and service revenue $11.17 billion versus $6.41 billion.  Full Article

Centene Corp Q4 EPS $1.45
Tuesday, 7 Feb 2017 06:00am EST 

Centene Corp : Centene corporation reports 2016 fourth quarter and full year results . Q4 adjusted earnings per share $1.19 . Q4 earnings per share $1.45 . Q4 revenue $11.9 billion versus i/b/e/s view $10.94 billion . Q4 earnings per share view $1.11 -- Thomson Reuters I/B/E/S . Centene corp - december 31, 2016 managed care membership of 11.4 million, an increase of 6.3 million members, or 124% over 2015 . Centene corp - health benefits ratio (hbr) of 84.8% for q4 of 2016 compared to 88.0% in q4 of 2015 . Centene corp sees full year 2017 total revenue $46.0 billion - $46.8 billion . Sees 2017 gaap diluted eps $3.82 - $ 4.26 . Fy2017 earnings per share view $4.67, revenue view $46.48 billion -- Thomson Reuters I/B/E/S . Centene corp - qtrly total revenues $11,911 million versus $6,302 million .Centene corp sees full year 2017 adjusted diluted eps $4.40 - $4.85.  Full Article

Tenet, Centene sign multi-year national agreement
Monday, 5 Dec 2016 05:25pm EST 

Tenet Healthcare Corp : Tenet and Centene sign multi-year national agreement . Tenet and centene sign multi-year national agreement . New agreement integrates all of centene's and health net's insurance products into a single contract . Tenet healthcare corp says agreement is effective january 1, 2017 . Tenet healthcare corp - and centene corporation have signed a new, three-year agreement .Tenet healthcare-agreement providing centene, health net members with in-network access to co's hospitals, outpatient centers, physicians in 18 states.  Full Article

Centene's Georgia subsidiary awarded statewide MedicAid contract
Friday, 18 Nov 2016 08:00am EST 

Centene Corp : Centene - Georgia Department Of Community Health awarded unit statewide managed care contract . Centene Corp says contract is expected to become effective July 1, 2017, and includes five additional one-year renewal options . Centene Corp says statewide managed care contract to continue serving members enrolled in Georgia families managed care program .Centene's Georgia subsidiary awarded statewide MedicAid contract.  Full Article

Centene issues $1.2 bln principal amount of its 4.75% senior notes
Wednesday, 9 Nov 2016 05:01pm EST 

Centene Corp : Centene Corp - issued $1.2 billion principal amount of company's 4.75% senior notes due 2025 - SEC filing .Centene Corp - notes will mature on January 15, 2025.  Full Article

Centene Corp says subsidiary awarded contract
Tuesday, 30 Aug 2016 04:09pm EDT 

Centene Corp : Centene corp says Pennsylvania subsidiary awarded statewide community healthchoices managed care agreement . Five-Year agreement, with an option to renew for two additional years, is expected to commence july 1, 2017, in southwest zone .TSays Under Agreement, Pennsylvania Health & Wellness Will Coordinate Physical Health And Long term services and supports.  Full Article

Health Net announces settlement regarding employee severance agreements
Tuesday, 16 Aug 2016 04:58pm EDT 

Centene Corp : Centene's subsidiary, health net, announces settlement regarding employee severance agreements . "Health net is no longer an sec-reporting entity; Centene was not a party to these issues" . Unit Health net entered agreement with SEC to resolve allegations of health net violations in connection with severance agreements .Alleged issues occurred prior to acquisition of Health Net by Centene.  Full Article

Centene Corp: Do not have the network for Aetna assets
Tuesday, 26 Jul 2016 11:05am EDT 

Centene Corp : Continue to see as well as anticipate stable medical cost trends - conf call . Health insurance exchange experience continues to be favorable - conf call . Do not have the network for humana and aetna assets; want products for low-income seniors . In the second quarter, over 90 percent of exchange members were subsidy-eligible - conf call . Entered the q2 with about 680,000 exchange members across 15 states - conf call Further company coverage: [CNC.N] (Bengaluru Newsroom: +1-646-223-8780).  Full Article

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