Centene Corporation - CNC STOCK NEWS

Health Net is providing special assistance to members in Alameda, Marin, Modoc, and Shasta counties in response to the state of emergency declared by Gov. Gavin Newsom due to winter storms. Members can obtain emergency prescription supplies and access 24/7 mental health support through MHN. Additionally, telehealth services are available at no cost if primary care providers are unreachable. Health Net is committed to ensuring that its approximately 3 million members have access to essential healthcare services during this crisis, leveraging over 40 years of experience in transforming community health.

Evolent Health (NYSE: EVH) announced on March 29, 2023, an agreement with Centene Corporation (NYSE: CNC) to enhance its Technology and Services solution for oncology care. This partnership will extend Evolent's oncology services to Centene’s Medicare Advantage members across the nation, deepening their existing collaboration in the specialty care market. Both companies aim to optimize oncology outcomes while managing costs effectively. Evolent's established platform, backed by scientific advisory boards, focuses on clinical quality and financial accountability, ensuring improved care delivery for patients.

On March 27, 2023, Centene Corporation (NYSE: CNC) appointed Tanya McNally as Senior Vice President and Chief People Officer. Ms. McNally will oversee Human Resources and enhance employee talent management for Centene's workforce of over 74,000. Previously, she was Regional Vice President of HR at Centene since 2022 and held senior HR roles at WellCare, Citigroup, and Lehman Brothers. CEO Sarah M. London expressed confidence in McNally's leadership to drive talent growth and innovation. Centene, a Fortune 500 company, focuses on integrated healthcare services, covering government-sponsored and commercial programs.

Superior HealthPlan, a Medicaid managed care organization in Texas, is urging its members to update their eligibility information as the Medicaid redetermination process resumes on April 1, 2023. This follows a pause in eligibility verifications due to the COVID-19 Public Health Emergency starting in March 2020. Superior is providing resources and reminders to assist members in maintaining their health coverage. CEO Mark Sanders emphasized the importance of sustained health coverage for Texans and highlighted partnerships with local health providers to spread this message. Members can find guidance on YourTexasBenefits.com.

Health Net is offering essential support to members in six California counties—Calaveras, Del Norte, Glenn, Kings, San Benito, and San Joaquin—affected by winter storms. This initiative follows the state of emergency declared by Governor Gavin Newsom on March 17, 2023. Members can access emergency supplies of their prescription medications and assistance via Health Net's hotline at 1-800-400-8987. Additionally, Health Net provides 24/7 mental health support through MHN, and telehealth services at no cost for those unable to reach their primary care providers. The company emphasizes its commitment to ensuring healthcare access during emergencies.

Canada Nickel Company has announced impressive results from its first metallurgical test on samples from the Reid property, achieving a nickel recovery rate of 63% and producing the highest grade nickel sulphide concentrate (60% grade) from over 120 previous tests. Utilizing the processing flowsheet from its Crawford project, the Reid tests indicate the potential for significant synergies in the Timmins Nickel District. Furthermore, Canada Nickel has finalized the acquisition of the Texmont property for $4 million, which could lead to smaller scale production. Overall, these developments signal robust prospects for future growth.

Health Net is urging Medi-Cal members to review and update their household information as California resumes Medicaid redetermination starting April 1, 2023. During the COVID-19 Public Health Emergency, Medicaid eligibility verifications were paused, allowing around 13 million members to remain enrolled without recertifying. To assist beneficiaries, Health Net has launched a campaign utilizing print and digital media to inform them about this change and the steps needed to maintain coverage. Members are encouraged to update contact information, report household changes to county offices, and respond to information requests to ensure uninterrupted access to their Medi-Cal benefits.

Health Net is enhancing support for members in Butte, El Dorado, Fresno, Humboldt, Imperial, Inyo, Lake, Mendocino, Merced, Monterey, Napa, Placer, Plumas, Sacramento, San Francisco, San Mateo, Santa Clara, Santa Cruz, Stanislaus, Tuolumne, and Yuba counties amid a state of emergency declared by Gov. Gavin Newsom due to winter storms. Key initiatives include providing emergency prescription refills, telehealth services at no cost, and a mental health support hotline. Health Net aims to ensure continuous access to essential healthcare services for affected members during this crisis.