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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 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.
Superior HealthPlan, a Centene company (NYSE: CNC), celebrated its ninth consecutive year of No One Eats Alone® Day across Texas schools in February 2025. The initiative, sponsored by the Centene Foundation and organized by Beyond Differences, reached thousands of students across 16 Texas schools.
The program aims to combat social isolation and build a culture of belonging in schools. This year's nationwide event saw participation from 1.5 million students who engaged in lessons, interactive exercises, and creative art projects designed to make schools more welcoming for everyone.
The initiative aligns with CDC findings that social isolation and loneliness can lead to serious mental and physical health conditions. Former U.S. Surgeon General Dr. Vivek Murthy has endorsed Beyond Differences' peer-to-peer support programs for their role in building connection and self-esteem in schools.
Centene (NYSE: CNC) has appointed Kenneth Y. Tanji to its Board of Directors, effective February 20, 2025, expanding the board to 12 members. Tanji will serve on the Company's Audit and Compliance Committee.
Tanji brings over three decades of financial expertise, including experience in capital optimization strategies, strategic acquisitions, and JV partnership models. He previously served as Executive Vice President and CFO of Prudential Financial from 2018 to 2024, where he held various leadership roles since 1988 across insurance, health insurance, annuities, and investment management divisions.
Currently, Tanji serves on the Board of The Public Service Enterprise Group, a $10.4 billion diversified energy services company, and teaches Corporate Finance at Rutgers University.
Health Net, a Medi-Cal managed care health plan and Centene (NYSE: CNC) company, is supporting No One Eats Alone® Day on February 14, 2025, a prevention initiative aimed at fostering inclusion and ending social isolation in schools. The program, reaching over 1.5 million students nationwide, is sponsored by the Centene Foundation.
The initiative provides participating schools with free Belonging Boxes containing lesson plans, student leadership guides, and materials for art projects in both English and Spanish. In 2024, the Centene Foundation registered 443 schools across 12 states, and Sandy Hook Promise will distribute over 3,200 Belonging Boxes to schools in all 50 states for the 2025 event.
The program addresses social isolation, which the CDC identifies as a risk factor for mental and physical health conditions. Beyond Differences, which established the initiative, merged with Sandy Hook Promise in September 2024 to strengthen their youth-centered missions.