Welcome to our dedicated page for Centene Del news (Ticker: CNC), a resource for investors and traders seeking the latest updates and insights on Centene Del stock.
Centene Corporation reports news on its government-sponsored managed care business, including Medicaid, Medicare, individual exchange coverage and Medicare Part D plans. Company updates commonly cover quarterly results, EPS guidance, membership by line of business and health-plan subsidiary activity across state markets.
Centene news also includes initiatives from the Centene Foundation and operating companies such as Health Net, Superior HealthPlan, Home State Health, Sunshine Health, Buckeye Health Plan, Carolina Complete Health and WellCare of Kentucky. Recurring themes include affordable housing, medically tailored meals, provider accessibility, workforce development, community health, social services and programs that address drivers of health for managed care members.
Health Net, a Medi-Cal managed care health plan and subsidiary of Centene (NYSE: CNC), has announced a $3.5 million grant to MLK Community Medical Group to expand healthcare services in Los Angeles. The funding will support the hiring of key clinical staff through 2027, including two primary care physicians, one OB/GYN, one bilingual psychologist, and two certified nurse midwives.
The initiative aims to address the growing demand for healthcare services and clinical staff shortages in the region, ensuring more timely access to care. This grant is part of Health Net's broader workforce development commitment, following a recent $9 million investment to expand California's physician pipeline from education through practice.
Health Net and the Centene Foundation (NYSE: CNC) have pledged an additional $750,000 for wildfire recovery efforts in Los Angeles County, bringing their total contribution to $1 million following the Eaton Fire devastation. The funds will support local nonprofits focusing on housing assistance, mental health, healthcare services, and infrastructure rebuilding.
Health Net is organizing a stakeholder meeting with public health departments, community organizations, and healthcare providers to assess community needs and rebuild healthcare infrastructure. The convening, co-hosted with HealthBegins, California Community Foundation, Pasadena Community Foundation, and GRACE, will address four key areas: respiratory health, mental health, children and youth, and housing.
This initiative follows Health Net's recent $9 million investment to strengthen California's physician workforce, aimed at creating medical career pathways and supporting professional development.
Centene (NYSE: CNC) announced that its Nevada subsidiary, SilverSummit Healthplan, has been awarded a five-year Medicaid managed care contract by the Nevada Department of Health and Human Services, starting January 1, 2026, with a possible two-year extension.
The contract marks a significant expansion of Medicaid Managed Care into rural and frontier service areas that were previously fee-for-service. SilverSummit, serving Nevada since 2017 with over 100,000 members, will provide comprehensive services including primary care, telehealth, pharmacy, maternal and behavioral health services.
Additionally, Ambetter from SilverSummit HealthPlan was selected as one of three providers for Nevada's marketplace public option, the Battle Born State Plan (BBSP). This five-year contract, also beginning January 1, 2026, with a potential two-year extension, is expected to serve 16,000 individuals in its first year.
Health Net and the Centene Foundation (NYSE: CNC) have announced a combined investment of over $9 million to strengthen California's physician workforce. This initiative addresses the projected nationwide shortage of 86,000 physicians by 2036.
The investment includes:
- $3 million in seed funding to Physicians for a Healthy California for a physician pathway project supporting youth from pre-K onwards
- $5.5 million grant to Charles R. Drew University of Medicine and Science for medical scholarships and resident support
- Over $1 million to the National Hispanic Health Foundation for physician leadership development
The initiative aims to tackle physician shortages, particularly in underserved communities, through partnerships with healthcare, education, and advocacy organizations including Latino Coalition for a Healthy California, California Health Care Foundation, California Wellness Foundation, and AltaMed.
'Ohana Health Plan, a Centene (NYSE: CNC) company, has announced a $300,000 additional investment to expand its partnership with Healthy Mothers Healthy Babies Coalition of Hawaii (HMHB Hawaii). This brings the total investment to $500,000 for their 'Mana 'Ohana' maternal and child health program.
The program, which offers holistic perinatal care through a community-based, midwifery-led model, has shown significant results in its first year: over 40% of pregnant members received services, leading to increased prenatal and postpartum care rates and reduced neonatal intensive care unit costs.
Mana 'Ohana provides culturally responsive services and mobile clinics to support vulnerable mothers and families throughout the perinatal period, offering screening, triage, and comprehensive support for women and their newborns.
Ohana Health Plan, a Centene (NYSE: CNC) company, has announced a $25,000 contribution to the University of Hawaii Foundation for pre-nursing scholarships at UH West Oahu. The scholarship program, initially created in 2016 with a $10,000 gift that supported 12 students, aims to address Hawaii's nursing shortage, particularly on Oahu's west side.
The funds will support students enrolled in the Bachelor of Applied Science, Health Professions program with a Pre-Nursing Pathway, covering costs such as tuition, books, and fees. Eligible candidates must be full-time undergraduate Hawaii residents enrolled in the Pre-Nursing Pathway, maintain a minimum 2.0 GPA, and demonstrate financial need.
This initiative represents a strategic investment in local workforce development, targeting the critical healthcare professional shortage in Hawaii while focusing on developing scholarly leaders from west Oahu committed to improving community health and wellness.
Centene (NYSE: CNC) has announced it will release its 2025 first quarter financial results on Friday, April 25, 2025, at approximately 6:00 a.m. ET. The company will host a conference call at 8:30 a.m. ET the same day to discuss the results.
Investors can join the call by dialing 1-877-883-0383 (U.S. and Canada) or +1-412-902-6506 (international) with Elite Entry Number 9776439. A live audio webcast will be available on Centene's website. The webcast replay will be accessible for 12 months until April 24, 2026, while a digital audio playback will be available until May 1, 2025.
Centene (NYSE: CNC) announced that its subsidiary, Meridian Health Plan of Illinois, has been selected by the Illinois Department of Healthcare and Family Services to continue providing Medicare and Medicaid services through a Fully Integrated Dual Eligible Special Needs Plan (D-SNP).
The new contract will run from January 1, 2026, through December 31, 2029, with potential renewals for up to 10 years total. Meridian is among four health plans chosen to serve 77,000 Medicare-Medicaid-eligible Illinoisans, with an additional 60,000 dually eligible MLTSS individuals joining in 2027.
Currently, Meridian serves over 13,000 Medicaid-Medicare members and more than 11,000 dually eligible MLTSS members through the Illinois HealthChoice Medicaid program. The D-SNP program will provide comprehensive services statewide, focusing on integrating medical, behavioral, psychosocial, and environmental care for eligible members.
Peach State Health Plan and the Centene Foundation (NYSE: CNC) announced their participation in the groundbreaking ceremony for the Bowen Homes community redevelopment in Atlanta, Georgia. The project, in collaboration with Atlanta Housing and McCormack Baron Salazar (MBS), aims to create a health-focused community development.
The development will feature over 750 residential units along with recreational amenities including outdoor plazas, seating, and walking trails in the Carey Park neighborhood. The Centene Foundation's contribution includes below market-rate loans for predevelopment design, planning, and community engagement.
The initiative focuses on combining affordable housing with nutrition education, behavioral and physical health resources to improve healthcare access and address health disparities in the community. This development represents the Foundation's first state-level deployment of its partnership with MBS announced in 2024.
Superior HealthPlan, a Texas-based managed care organization and subsidiary of Centene (NYSE: CNC), has announced its annual grant program offering $200,000 in total funding. The program will select 20 recipients - ten community-based organizations and ten providers - each receiving $10,000 to address non-medical health drivers in low-income Texas neighborhoods.
Applications are open until March 31, 2025, with funding disbursement scheduled for April. Since 2020, Superior has provided over $740,000 through this initiative. The grants target social determinants of health, including food access, economic stability, housing, and education.
Eligible recipients must serve the Medicaid population in Texas, complete required documentation by April 30, 2025, and participate in an end-of-term follow-up visit by December 15. The funding cannot be used for staff salaries or benefits.