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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.
Centene (NYSE: CNC) subsidiary Coordinated Care is launching a nine-day statewide tour in Washington using its “SeeMore” vision van and “Flossy” dental van to provide free vision and dental screenings, prescription glasses, fluoride treatments, and dental kits to the public on a first-come, first-served basis.
The tour targets especially rural and underinvested communities, expects hundreds of attendees per stop, and partners with local organizations to offer additional resources such as food, health checks, school supplies, and donated essentials, plus a 1,000‑pair kids’ shoe giveaway in Yakima.
Centene (NYSE: CNC), through its Texas subsidiary Superior HealthPlan, reports that its Start Smart for Your Baby program has supported more than 312,000 pregnancies in Texas since 2022. The maternal health initiative has delivered over 88,000 breast pumps and, since 2023, helped connect members to more than 177,000 prenatal and postpartum visits. Superior, one of the largest Medicaid providers in Texas, supports nearly 70,000 pregnancies annually, offering care management, appointment reminders and financial rewards to encourage completion of maternal care visits.
Centene (NYSE: CNC) announced a planned Chief Financial Officer transition, with current CFO Drew Asher to step down from the CFO role on December 31, 2026 and retire from the company at the end of 2027. Chris Neczypor will join in September 2026 and assume the Executive Vice President and CFO position on January 1, 2027, working alongside Asher to ensure a smooth handover and support strategic initiatives.
According to Centene, revenue grew from approximately $126 billion in 2021 to about $195 billion in 2025 during Asher’s tenure as CFO. The company also reaffirmed its previously issued full-year 2026 adjusted diluted EPS guidance of greater than $4.80 and all associated 2026 guidance metrics.
Centene (NYSE: CNC), through its company Health Net, announced a $412,000 grant to The Los Angeles Trust for Children's Health to expand the Wellness Youth Advocate program into Compton Unified School District. The funding will launch peer-led health advocacy at Compton High School, Dominguez High School and Whaley Middle School.
The grant will support recruitment and training of 60 student Wellness Youth Advocates over two school years, connecting eligible students to services such as Enhanced Care Management. According to Health Net, this builds on a program active in 12 Los Angeles County schools, reaching over 20,000 students, and aligns with more than $284 million committed to community initiatives over five years.
Centene (NYSE: CNC) subsidiary Carolina Complete Health sponsored the AMEXCAN Summer Camp, enabling 24 children from coastal North Carolina to attend a program focused on education, culture, leadership and recreation. The sponsorship covered program costs, supplies and meals, aligning with the company’s commitment to community health and well-being.
Centene (NYSE: CNC) subsidiary Managed Health Services (MHS) announced recipients of its new MHS Serves Workforce Support Program, a statewide initiative investing over $2 million in Indiana (“Hoosier”) employment. The program funds nonprofit, community-based organizations that help Medicaid members overcome employment barriers and build long-term economic stability.
According to MHS, selected partners across numerous Indiana counties must serve a minimum number of participants annually and report outcomes such as job placement, credential completion and retention. Funded organizations include Goodwill of Central and Southern Indiana, Aspire Indiana Health, Easterseals Northern Indiana, and multiple regional workforce boards and community centers.
Health Net, a Centene (NYSE: CNC) company, announced special assistance for Medi-Cal members and healthcare providers affected by the Gann Fire in Calaveras County, following California’s State of Emergency declaration. The company is focused on maintaining access to prescriptions, behavioral health, telehealth and key medical services during the emergency.
Impacted members can obtain emergency medication refills, including at out-of-network pharmacies with suspended refill limits, and access 24/7 behavioral health crisis support. Health Net also provides no-cost telehealth visits when primary care is unavailable and directs members to 2-1-1 for social services. For providers, Health Net is extending notification grace periods, waiving prior authorization while keeping notifications, approving out-of-network services when needed, authorizing replacement medical equipment, and accepting updated clinical documentation, with ongoing updates available at HealthNet.com.
Centene (NYSE: CNC), through Superior HealthPlan and Centene Foundation, announced a $350,000 investment to support flood relief in the Texas Hill Country and South-Central Texas following recent catastrophic river flooding and disaster declarations in 59 counties.
The funds will be shared among five organizations, including OneStar Foundation’s Rebuild Texas Fund, San Antonio Food Bank, Central Texas Food Bank, Community Health Development, and Frontera Healthcare Network, to provide food distribution, emergency supplies, health-related assistance, and long-term recovery support across multiple affected counties.
Centene (NYSE: CNC) reported second quarter 2026 total revenues of $53.6 billion, including premium and service revenues of $44.4 billion, up 4% year over year. GAAP diluted EPS was $2.19 and adjusted diluted EPS was $2.51, compared with a loss in 2025.
The consolidated health benefits ratio improved to 89.6% from 93.0%, while the SG&A expense ratio declined to 7.0% and adjusted SG&A to 6.9%. Cash flow from operations reached $3.6 billion. Centene raised full-year 2026 guidance to GAAP diluted EPS greater than $3.11 and adjusted diluted EPS greater than $4.80, and expects total 2026 revenues of $193.5–$197.5 billion.
Centene (NYSE: CNC) announced that Kenneth A. Burdick retired from its Board of Directors, effective July 28, 2026, and that Paul J. Diaz has been appointed to the Board, also effective that date. Burdick joined the Board in January 2022 after serving as Centene’s Executive Vice President of Products and Markets and previously as CEO of WellCare Health Plans.
Diaz is Managing Partner at Cressey & Company and formerly served as President and CEO of Myriad Genetics and Kindred Healthcare. He has served on several healthcare company boards, including DaVita and PharMerica, and is expected by Centene to contribute extensive healthcare leadership and governance experience.