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Centene Corp Del - CNC STOCK NEWS

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.

Overview of Centene Corporation

Centene Corporation (NYSE: CNC) is a leading Fortune 500 healthcare enterprise specializing in government-sponsored healthcare programs. With a mission to transform the health of communities it serves, Centene focuses on providing comprehensive, cost-effective healthcare solutions to under-insured and uninsured populations across the United States. The company manages a diverse portfolio of services, including Medicaid, Medicare Advantage, and Marketplace health insurance plans, as well as specialty services such as behavioral health, pharmacy benefits management, and telehealth solutions.

Business Model and Revenue Streams

Centene operates primarily as a managed care organization (MCO), generating revenue through capitation agreements with state and federal governments. These agreements involve fixed payments per enrollee in exchange for providing healthcare services, incentivizing cost efficiency and quality care. The company also earns revenue through its specialty services, which include dental benefits management, in-home health services, life and health management, and correctional healthcare services. Additionally, Centene contracts with commercial organizations to offer pharmacy benefits management and specialty pharmacy services, further diversifying its revenue streams.

Core Services and Market Segments

  • Medicaid: Centene is a major player in Medicaid managed care, serving millions of members through state-sponsored programs, including the State Children’s Health Insurance Program (CHIP), aged, blind, or disabled (ABD) populations, and long-term care (LTC) programs.
  • Medicare: The company offers Medicare Advantage plans, Special Needs Plans (SNPs), and Medicare Part D prescription drug plans. These services cater to seniors and individuals with specific healthcare needs.
  • Marketplace Plans: Through its Ambetter brand, Centene provides affordable health insurance options under the Affordable Care Act (ACA) Marketplace, focusing on individuals and families without employer-sponsored coverage.
  • Specialty Services: Centene’s specialty offerings include behavioral health management, telehealth services, pharmacy benefits management, and care management software, enabling a holistic approach to healthcare delivery.

Competitive Position and Differentiation

Centene stands out in the managed care industry due to its local approach to healthcare delivery. By leveraging local brands and teams, the company tailors its services to meet the unique needs of diverse communities. This strategy enhances member engagement and improves health outcomes. Additionally, Centene’s focus on integrated care models and value-based care arrangements positions it as a leader in addressing social determinants of health, such as housing and food insecurity.

Challenges and Opportunities

Operating in a highly regulated industry, Centene faces challenges such as policy changes, reimbursement rate adjustments, and compliance requirements. However, its diversified portfolio and strategic investments in technology and innovation provide significant growth opportunities. The company’s commitment to advancing health equity and expanding access to care aligns with long-term healthcare trends, making it a resilient player in the market.

Conclusion

Centene Corporation is a cornerstone of the U.S. healthcare system, delivering essential services to millions of Americans. Its robust business model, diversified offerings, and focus on community health position it as a key player in the managed care and specialty healthcare sectors. For investors and stakeholders, Centene represents a unique blend of stability and growth potential in a dynamic industry.

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Superior HealthPlan, a subsidiary of Centene Corporation, supported No One Eats Alone® Day, promoting inclusion in schools. Over 2,000 schools participated, with 11 in Texas. The event aimed at addressing social isolation among students, highlighting the impact on mental wellbeing.
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CNC announces the deadline for applications to address non-medical drivers of health, set for March 31, 2024, highlighting their commitment to improving overall health outcomes.
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Centene Corporation (NYSE: CNC) will present at the Barclays 26th Annual Global Healthcare Conference in Miami, Florida. The presentation is scheduled for Tuesday, March 12, 2024, at 8:00 a.m. EDT. A live audio webcast and replay will be accessible on Centene's website.
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Delaware First Health, a subsidiary of Centene Corporation, partners with Pyx Health to offer a social health platform to address loneliness, depression, and anxiety. The Pyx Health program provides an interactive technology platform and human support to detect loneliness and connect users with resources for improved mental and social health. Loneliness, exacerbated by the Covid-19 pandemic, can lead to chronic illnesses, obesity, anxiety, and mortality. The partnership aims to reduce these rates by offering the mobile app to all Delaware First Health members in 2024.
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Sunflower Health Plan, a subsidiary of Centene Corporation, partners with KU Endowment to provide $500,000 grant to Kansas Nursing Workforce Center to address healthcare workforce shortages in Kansas, especially in rural areas.
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Health Net, a Medi-Cal managed care health plan and subsidiary of Centene Corporation, supported No One Eats Alone® Day to combat social isolation in middle schools. Over 2,000 schools participated nationwide, emphasizing community building and mental well-being for youth.
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Sunshine Health, a subsidiary of Centene Corporation (CNC), awards grants to support storm relief and social services in Florida. The grants aim to assist communities impacted by Hurricane Idalia and address food insecurity, housing, and other needs. Sunshine Health provided funds to nonprofit organizations for storm recovery, disaster preparedness, and social/environmental health factors. The grants totaled $800,000, benefiting various organizations across Florida.
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Ambetter from Sunshine Health, in collaboration with the Miami Dolphins, addresses food insecurity in South Florida by distributing food to local families in need. The initiative aims to reduce social determinants of health like food insecurity, homelessness, and job loss to promote better health outcomes.
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Home State Health, a Centene Corporation subsidiary, supports No One Eats Alone® Day to promote inclusion in schools, with over 2,000 schools participating nationwide. The event aims to address social isolation among students, highlighting the importance of mental wellbeing.
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Meridian in Michigan, a subsidiary of Centene Corporation, partners with Wayne Mobile Health Unit to address maternal and infant health disparities by deploying mobile vans to maternal health equity zones. The $1.1 million funding aims to reduce maternal mortality rates, particularly among Black and Hispanic women in Detroit, by connecting them to OB/GYN specialists for follow-up care. The initiative also includes geospatial analysis to target neighborhoods with health inequities and plans to expand to rural areas. The program focuses on proactive outreach, routine health screenings, and aims to increase attendance at pre- and postnatal appointments by 10-20% in the first year.
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FAQ

What is the current stock price of Centene Del (CNC)?

The current stock price of Centene Del (CNC) is $60.73 as of April 2, 2025.

What is the market cap of Centene Del (CNC)?

The market cap of Centene Del (CNC) is approximately 30.0B.

What is Centene Corporation's primary business focus?

Centene specializes in government-sponsored healthcare programs, including Medicaid, Medicare, and Marketplace health insurance plans.

How does Centene generate revenue?

Centene earns revenue through capitation agreements with governments, specialty services like pharmacy benefits management, and partnerships with commercial organizations.

What differentiates Centene from its competitors?

Centene’s local approach, integrated care models, and focus on addressing social determinants of health set it apart in the managed care industry.

What challenges does Centene face?

The company faces regulatory risks, policy changes, and cost management challenges, given its reliance on government programs.

What opportunities exist for Centene?

Centene is well-positioned to grow through its investments in technology, value-based care, and initiatives to advance health equity and access to care.
Centene Corp Del

NYSE:CNC

CNC Rankings

CNC Stock Data

29.96B
493.80M
0.28%
98.94%
1.22%
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Hospital & Medical Service Plans
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