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Centene's Health Net Wins Medi-Cal Contract in California
ZACKS· 2024-09-25 01:51
Centene Corporation (CNC) recently unveiled that its subsidiary, Health Net Community Solutions, has been chosen by the California Department of Health Care Services to cater to the dental health needs of members enrolled in the State’s Medicaid program, Medi-Cal, and residing in Los Angeles and Sacramento counties.  Likely to commence from July 1, 2025, the new contract will run for a period of 54 months.  The CNC unit utilizes a whole-person care model that enables it to provide comprehensive and coordina ...
Centene's Michigan Unit Partners With Mae to Reduce Health Disparities
ZACKS· 2024-09-24 02:10
Centene Corporation’s (CNC) managed care organization in Michigan, Meridian, recently inked a partnership with Mae, a digital maternal health solution. This collaboration is targeted at addressing the specific needs of Meridian's Medicaid members and enhancing access to doula care during the period of pregnancy and postpartum.This move bodes well for Centene as it will be able to reduce discrepancies in maternal results and enhance the perinatal health outcomes in Michigan. With Meridian covering nearly 10% ...
Superior HealthPlan Invested $43 Million in Services to Support Healthy Living
Prnewswire· 2024-09-12 23:24
The extra benefits are in addition to regular Medicaid and CHIP coverage, helping support low-income individuals and families across the state.AUSTIN, Texas, Sept. 12, 2024 /PRNewswire/ -- Superior HealthPlan ("Superior"), a leading managed care organization in Texas and a company of Centene Corporation (NYSE: CNC), announced today it invested $43.3 million in extra Medicaid and Children's Health Insurance Program (CHIP) benefits from 2019 through 2023. Known as Value-added Services, the extra benefits help ...
CENTENE TO PRESENT AT BANK OF AMERICA 2024 GLOBAL HEALTHCARE CONFERENCE
Prnewswire· 2024-09-12 04:15
ST. LOUIS, Sept. 11, 2024 /PRNewswire/ -- Centene Corporation (NYSE: CNC), a leading healthcare enterprise committed to helping people live healthier lives, announced today it will present at the Bank of America 2024 Global Healthcare Conference in London. Centene will present on Wednesday, Sept. 18, 2024, at 5:50 am EDT /10:50 am BST. A simultaneous live audio webcast will be available at: https://bofa.veracast.com/webcasts/bofa/globalhealthcareuk2024/x1aRN0.cfm.A webcast replay will be available following ...
What's Happening With Centene Stock?
Forbes· 2024-09-09 17:00
GERMANY - 2024/02/15: In this photo illustration, Centene Corporation logo seen displayed on a ... [+] tablet. (Photo Illustration by Igor Golovnov/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesCentene stock (NYSE: CNC) currently trades at $73 per share, roughly 25% below its pre-inflation peak level of $97 seen in August 2022, faring much worse than its peer – Molina Healthcare stock (NYSE: MOH) – which has largely traded sideways over this period. The recent fall in CNC ...
Centene's Unit Secures New Four-Year Medicaid Contract in Iowa
ZACKS· 2024-09-06 02:25
Centene Corporation (CNC) recently unveiled that its Iowa-based subsidiary, Iowa Total Care, has been selected by the Iowa Department of Health and Human Services (HHS) to continue delivering Medicaid managed care services to members of the Iowa Health Link program. The new agreement, likely to commence on July 1, 2025, will initially run for a tenure of four years and can be extended for up to two years.  This program serves eligible adults, children and pregnant women enrolled in Iowa Medicaid, the Iowa H ...
Health Insurer Stocks Tumble on Medicaid Enrollment Concerns
Investopedia· 2024-09-05 03:41
Key TakeawaysHealth insurance provider stocks fell after Centene executives raised concerns about Medicaid enrollments.Centene CEO Sarah London warned that the firm continues to see the impact of the so-called "unwinding" process of determining who is eligible for Medicaid.CFO Drew Asher said Centene's outlook for the number of Medicaid clients this year would be fewer than previously estimated. Shares of health insurers lost ground Wednesday as executives at Centene (CNC) warned about a pullback in the num ...
Centene Stock Rises 29% in a Year: Evaluating the Road Ahead
ZACKS· 2024-09-03 02:05
Shares of Centene Corporation (CNC) have risen 28.7% in the past year compared with the industry’s 20.8% growth. The Medical sector and the S&P 500 composite index grew 11.5% and 24.9%, respectively, in the same time frame. With a market capitalization of $41.5 billion, the average volume of shares traded in the past three months was 3.7 million.Centene remains well-poised for growth on the back of a sound membership base, Medicaid contract wins, growing Marketplace business and expanding cash reserves. The ...
Centene Shifts an AcariaHealth Facility to Shelby Township
ZACKS· 2024-08-31 01:01
Centene Corporation (CNC) recently announced that its specialty pharmacy subsidiary, AcariaHealth, has relocated its Homescripts pharmacy to a new 33,000-square-foot facility in Shelby Township, MI, to enhance patient care and support future growth. The facility aims to improve medication access and adherence for patients with complex conditions through its free goods programs and modernized services.The move is expected to positively impact Centene by enhancing its specialty pharmacy capabilities and patie ...
CENTENE TO PRESENT AT 2024 WELLS FARGO HEALTHCARE CONFERENCE
Prnewswire· 2024-08-30 04:15
ST. LOUIS, Aug. 29, 2024  /PRNewswire/ -- Centene Corporation (NYSE: CNC), a leading healthcare enterprise committed to helping people live healthier lives, announced today it will present at the 2024 Wells Fargo Healthcare Conference.Centene will present on Wednesday, September 4 at 8:45 a.m. Eastern Daylight Time (EDT). A simultaneous live audio webcast will be available at: https://event.webcasts.com/starthere.jsp?ei=1683335&tp_key=ee7495a9c5&tp_special=8.A webcast replay will be available following the ...