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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 Images Centene 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 CN ...
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 He ...
Health Insurer Stocks Tumble on Medicaid Enrollment Concerns
Investopedia· 2024-09-05 03:41
Key Takeaways Health 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 ...
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. Th ...
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 pati ...
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 th ...
AcariaHealth Invests in Free Goods Program, Opening Modern Specialty Pharmacy Facility in Shelby Township, Michigan
Prnewswire· 2024-08-29 05:49
文章核心观点 - 公司致力于通过提供优质的专科药房服务和卓越的患者护理来改善复杂医疗状况患者的护理和结果,并以同情心关怀地改变生活[1][3] - 公司新开设的现代化设施为未来的增长和扩张提供了充足的空间,以满足患者和客户的需求[3] 公司概况 - 公司是一家专注于改善复杂医疗状况患者护理和结果的全国性专科药房[4] - 作为Centene公司的一部分,公司能够利用这个国家最大的Medicaid管理式医疗保健组织的综合解决方案[4] 业务概况 - 公司提供制造商主导的药物项目,帮助患者克服依从性障碍,如药物费用、保险覆盖范围以及药物丢失、被盗或过期等[2] - 公司的药剂师和工作人员致力于帮助患有多发性硬化症、阿尔茨海默病和重症肌无力等疾病的患者参与免费商品计划[2] - 公司与患者和提供者密切合作,帮助管理他们日常状况的影响,并减少障碍,从而提高依从性和改善健康结果[2]
Centene Corporation: Strategic Market Position Amid Favorable Trends, Buy
Seeking Alpha· 2024-08-20 13:50
designer491/iStock via Getty Images Investment Thesis I am bullish on Centene Corporation (NYSE:CNC) due to its market position and competitive advantage. I have a buy rating for this stock owing to its robust financials, r anind of cintler. Corpolation (11 v s. Centence has positions incel as a managed care marked deach promatibe chosing on the consing construeten duoten mancer and toden ma expanding steadliy throughout the past decade. Over the last 10, it has had a price return of 313.77% almost double t ...
CENTENE ANNOUNCES THE ELECTION OF THOMAS GRECO TO BOARD OF DIRECTORS
Prnewswire· 2024-08-16 04:15
ST. LOUIS, Aug. 15, 2024 /PRNewswire/ -- Centene Corporation (NYSE: CNC) ("the Company") announced today that it has appointed Thomas R. Greco to the Centene Board of Directors, effective Aug. 9, 2024. Mr. Greco's term will run through the Company's 2025 annual meeting of stockholders. The appointment of Mr. Greco expands Centene's Board of Directors to 11 members. Thomas R. GrecoThomas R. Greco Mr. Greco is a seasoned operator and executive who brings more than four decades of public company leadership and ...
Superior HealthPlan Awards $24,000 in Grants to 12 Nonprofits and Providers
Prnewswire· 2024-08-13 21:00
The funding is made available through a quarterly program open to community-based organizations and providers across Texas AUSTIN, Texas, Aug. 13, 2024 /PRNewswire/ -- Superior HealthPlan ("Superior"), a leading managed care organization in Texas and a company of Centene Corporation (NYSE: CNC), has announced the latest recipients of its quarterly community and provider grant program. The funding is targeted to address the needs of low-income neighborhoods and communities in Texas. "Each quarter, we're prou ...