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Centene Arizona Subsidiaries Awarded Contract Expansion To Continue Serving Arizonans With Serious Mental Illness
Politan Capital Management Has Roughly $900 Mln Stake In Centene- WSJ
Centene Sells Majority Stake In U.S. Medical Management
Centene Corporation is a multi-national healthcare company. The Company provides services to government-sponsored and commercial healthcare programs, focusing on under-insured and uninsured individuals. It also provides education and outreach programs to inform and assist members in accessing appropriate healthcare services. It operates through two segments: Managed Care and Specialty Services. The Managed Care segment provides health plan coverage to individuals through government subsidized and commercial programs. Its Specialty Services segment includes companies offering diversified healthcare services and products to its Managed Care segment and other external customers. It provides a range of healthcare products and services, primarily through Medicaid, Medicare and commercial products.
7700 Forsyth Blvd
ST. LOUIS, MO
Michael F. Neidorff
Chairman of the Board, Chief Executive Officer
Brent D. Layton
President, Chief Operating Officer
Sarah M. London
Vice Chairman of the Board
Andrew L. Asher
Chief Financial Officer, Executive Vice President
Executive Vice President, Chief Administrative Officer
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Health insurer Centene Corp on Thursday delayed its back-to-office date to mid October and said it would require all employees to show proof of COVID-19 vaccination as soon as possible.
Centene Corp on Tuesday became the latest U.S. health insurer to warn of higher COVID-19 costs in the coming quarters due to the impact of the Delta variant, which has become the dominant coronavirus strain globally.
Centene Corp reported a quarterly loss on Tuesday, hurt in part by normalized medical costs as U.S. vaccination efforts aided recovery in demand for elective medical care that Americans had postponed during the height of the pandemic last year.
Centene Corp, the nation's largest Medicaid managed care organization, said Monday that it would pay nearly $144 million to settle claims by Ohio and Mississippi that it overcharged the states' Medicaid programs for pharmacy benefit management services.
Ohio Attorney General Dave Yost on Thursday filed a lawsuit accusing managed care company Centene Corp of overcharging the state's Medicaid program millions of dollars by misrepresenting its pharmacy costs.
Centene Corp expects higher coronavirus-related costs during the early part of the year to offset benefits from deferred procedures, the U.S. health insurer said on Tuesday, after the company posted a lower-than-expected quarterly profit.
U.S. health insurer Centene Corp said on Tuesday it will cut about 3,000 positions that overlapped with those from acquisitions. The company had said in December it will eliminate 1,500 open positions.
U.S. health insurer Centene Corp on Tuesday reported a loss for the fourth quarter, compared with a year-ago profit, hurt by higher costs.
Health insurer Centene Corp said on Monday it has agreed to buy Magellan Health Inc in a $2.2 billion deal including debt, looking to build up its mental health services as more Americans struggle with COVID-19-related behavioral and anxiety issues.
Health insurer Centene Corp said on Monday it would buy Magellan Health Inc in a deal valued at $2.2 billion, including debt.
Health insurer Centene Corp on Friday forecast 2021 adjusted profit that missed Wall Street estimates, after it said membership in its Obamacare business fell short of expectations, sending its shares 1.8% lower in premarket trading.
Health insurer Humana Inc <HUM.N> said on Tuesday it sees a boost to its 2021 profit from strong growth in its Medicare Advantage health plans.
U.S. health insurer Anthem Inc <ANTM.N> on Wednesday warned of higher-than-normal medical costs in the fourth quarter, driven by coronavirus infections and recovery in demand for elective medical procedures, sending its shares down about 3%.
* CENTENE CORP - TO ESTABLISH NEW EAST COAST HEADQUARTERS IN CHARLOTTE, NORTH CAROLINA
* CENTENE'S ILLINOIS SUBSIDIARY TO ACQUIRE MEMBERSHIP OF NEXTLEVEL HEALTH PARTNERS
* CENTENE RECOMMENDS STOCKHOLDERS REJECT "MINI-TENDER" OFFER BY TRC CAPITAL INVESTMENT CORPORATION
Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.
Centene Corp <CNC.N> raised its full-year adjusted profit forecast on Friday, as more people signed up for government-backed Medicaid health insurance plans in April and May, sending the health insurer's shares up nearly 6%.
* ADJUSTED DILUTED EARNINGS PER SHARE FOR 2020 ARE EXPECTED TO BE $4.76 TO $4.96
A shareholder backed by a lawyer known for representing the rapper Jay-Z on Wednesday sued the prison healthcare provider Centene Corp to seek records to investigate its oversight of a subsidiary that provides "substandard care" to inmates. The lawsuit, filed in Delaware...
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