Superior HealthPlan Awards $26,000 in Grants to 13 Nonprofits and Providers
Rhea-AI Summary
Superior HealthPlan, a Centene (NYSE: CNC) managed care organization, has awarded $26,000 in grants to 13 Texas nonprofits and providers through its quarterly community grant program. The grants support various initiatives including food security, healthcare access, and education in low-income communities. Eight community organizations and four healthcare providers received funding for projects ranging from food pantries to medical equipment. Since 2020, Superior has distributed over $620,000 to more than 200 partners. The program will transition to an annual format in 2025, offering $10,000 grants with applications due March 31, 2025.
Positive
- Demonstrated commitment to community investment with $620,000 distributed since 2020
- Strategic expansion of healthcare access through provider equipment grants
- Addressing social determinants of health, potentially reducing long-term healthcare costs
Negative
- Reduction in grant frequency from quarterly to annual basis starting 2025
News Market Reaction
On the day this news was published, CNC declined 1.67%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
The funding is made available through a quarterly program open to community-based organizations and providers across
"We're proud to announce this year's final quarterly grant recipients and are proud to support these community-based organizations and providers that will use this funding to continue to make a difference in the lives of Texans," said Superior HealthPlan President and CEO, Mark Sanders. "We sincerely appreciate their dedication and look forward to working with them in the months ahead."
Community Grant Winners
Organization | Region Served | Grant Purpose |
Food pantry for seniors | ||
Emergency food distribution program | ||
Transportation to GED classes | ||
Community prenatal education classes | ||
Diapers and wipes for families in need | ||
Clothing closet at local middle school | ||
Food 4 Kids weekend snack program | ||
Cleaning supplies for low-income residents |
Provider Grant Winners
Organization | Region Served | Grant Purpose |
Therapy assessment tools for new clinic in | ||
Books for child and youth enrichment | ||
Tablet for clinic locations for screenings and telehealth visits | ||
Purchase of refrigerator to house vaccine supplies for children |
Since 2020, Superior has provided more than
Starting in 2025, Superior will transition from awarding grants each quarter to an annual program. Organizations and providers are invited to apply for
About Superior HealthPlan
Founded in 1999, Superior HealthPlan is a managed care company that delivers quality healthcare throughout
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SOURCE Superior HealthPlan