ST. LOUIS, May 15, 2024 /PRNewswire/ -- Centene Corporation (NYSE: CNC), a leading healthcare enterprise committed to helping people live healthier lives, announced today it was named one of the Top 50 Companies for Diversity by Fair360 (formerly DiversityInc) for the fourth consecutive year. Centene ranked No. 26 on this year's list, up 11 spots from No. 37. The list assesses and ranks the nation's largest employers on comprehensive, data-driven diversity and inclusion metrics across six key areas: leaders ...

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. "We are committed to making sure our SoonerSelect ...

ST. LOUIS, May 14, 2024 /PRNewswire/ -- Centene Corporation (NYSE: CNC), a leading healthcare enterprise committed to helping people live healthier lives, announced today that the Kansas Department of Administration has selected its Kansas-based subsidiary, Sunflower Health Plan (Sunflower) to continue providing managed health care services through KanCare, the State of Kansas' Medicaid and Children's Health Insurance Program (CHIP). The new three-year contract is expected to take effect on January 1, 2025, ...

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 ...

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 ...

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 ...

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 ...

财务表现 - Centene Corporation (CNC)报告的2023年第一季度调整后每股收益为2.26美元，超出Zacks Consensus Estimate 8.1%[1] - CNC的营收同比增长3.9%，达到404亿美元，超出共识预期11%[1] - CNC的Medicaid营收同比下滑3%，达到215亿美元，而Medicare营收同比增长1%，达到59亿美元[3] - CNC的保费同比增长5%，达到355亿美元，高于Zacks Consensus Estimate的330亿美元[4] - CNC的服务收入同比下降28.3%，达到8.08亿美元，低于共识预期的9.93亿美元[5] 会员数和费用 - CNC截至2024年3月31日的总会员数为2840万，略有年度下降，但超过Zacks Consensus Estimate的2550万和我们的2710万[6] - CNC的Health Benefits Ratio (HBR)同比下降10个基点至87.1%，但高于我们的87.3%的预期[7] - CNC的总运营费用同比增长4.3%，达到393亿美元，高于我们的349亿美元的预期[8] 财务状况和回购计划 - CNC的长期债务达到179亿美元，较2023年底增长1%[11] - CNC在第一季度回购了价值5100万美元的普通股，并计划在2024年4月继续回购2亿美元的股票[13] 未来展望 - 管理层预计2024年的调整后每股收益将超过6.80美元，高于先前的预期，GAAP每股收益预计在2024年仍将超过5.94美元[16]

财务数据和关键指标变化 - 公司在第一季度报告了调整后每股收益2.26美元,超出之前的预期 [9][10] - 公司将全年2024年调整后每股收益指引提高至6.80美元以上 [10] - 第一季度综合医疗保险成本率为87.1%,符合全年指引 [36] - 医疗保险成本率方面,Medicaid为90.9%略高于预期,商业为73.3%略好于预期,Medicare为90.8%符合预期 [36][37] 各条业务线数据和关键指标变化 Medicaid - Medicaid会员数为1330万,略高于之前预期的1320万 [38] - Medicaid综合费率略高于之前提及的2.5%,公司有超过75%的会员月费率可见度 [38][39] - 公司长期目标是将Medicaid医疗保险成本率恢复至高89%区间,预计需要2025-2026年的时间 [39] Medicare Advantage - Medicare Advantage收入预计占总收入的12%,约160亿美元 [41] - 医疗费用方面,住院授权在1-2月高于预期,3月有所下降但仍高于第四季度,门诊费用趋势持续高位 [41][42] - 2025年Medicare Advantage定价环境预计不利,公司需要通过改善STAR评级、临床措施和SG&A成本控制来提升盈利能力 [42][43][44] Marketplace - Marketplace会员数从2年前的200万增至430万,增长超过一倍 [27][40] - Marketplace业务的税前利润率维持在5%-7.5%的目标区间 [27] - 新增会员中近40%来自之前无保险人群,25%来自其他Marketplace承保商,10%来自失去雇主保险 [28] 公司战略和发展方向 - 公司正在简化和现代化内部基础设施,提升为会员、医疗服务商、监管机构和州政府合作伙伴提供最佳体验的能力 [11][12][13][14][15] - 公司在Medicaid、Medicare和Marketplace业务方面保持良好的增长势头,并将继续投资以支持长期增长 [30][31] - 公司将Medicaid和Medicare业务的协同作为未来发展的关键,利用Medicaid覆盖区域优势拓展Medicare Advantage业务 [26] 管理层对经营环境和未来前景的评论 - 管理层对Medicaid业务的复杂性和费率调整过程表示关注,但整体保持乐观态度 [16][17][39] - 管理层认为Medicare Advantage 2025年定价环境具有挑战性,但仍看好该业务的长期发展前景 [23][42][43][44] - 管理层对Marketplace业务保持乐观,认为该业务具有独特的增长潜力 [27][28][29] 问答环节重要的提问和回答 问题1 **Kevin Fischbeck 提问** 对Marketplace业务的高速增长和Change Healthcare事件的影响,公司如何评估该业务的利润率可持续性 [52][53][54][55][56] **Sarah London 回答** 公司对Marketplace业务的利润率表现充满信心,主要基于两方面:1)过去两年该业务保持高速增长和利润率改善的良好记录;2)公司实施的临床项目等措施有助于整体管理 [53][54][55][56] 问题2 **Stephen Baxter 提问** 公司为何将全年收入指引上调幅度低于第一季度的实际表现,Medicaid业务的医疗保险成本率如何变化 [59][60][61][62][63] **Andrew Asher 回答** 第一季度存在一些临时性因素影响,如加速支付给医疗服务商的款项,这导致收入和医疗保险成本率有所波动。公司预计Medicaid业务的医疗保险成本率将在剩余季度有所下降 [61][62][63] 问题3 **Justin Lake 提问** 公司对2025年Medicare Advantage业务的策略和定价计划 [67][68][69][70] **Andrew Asher 回答** 2025年Medicare Advantage业务将面临一些新的监管变化,如政府补贴上升、会员自付费用上限提高等,公司正在评估这些因素对定价的影响,并制定相应的应对策略 [69][70]

财务表现 - Centene (CNC) 2024年第一季度营收为404.1亿美元，同比增长3.9%[1] - 每股收益为2.26美元，较去年同期的2.11美元有所增长[1] - 营收超出Zacks Consensus Estimate 10.97%，每股收益也超出8.13%[1] 公司财务健康 - 公司财务健康的关键指标对投资者更准确[2] - 重要指标包括医疗健康损失比率、会员数量、营收等[3] 绩效比较 - Centene在最近一个季度的表现中，医疗健康损失比率、会员数量等指标与分析师预期进行了比较[4]