STOCK TITAN

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.

Centene Corporation (NYSE: CNC), a leading provider of government-sponsored healthcare programs, offers investors and stakeholders timely access to its latest developments through this centralized news hub. Track official press releases, regulatory filings, and strategic initiatives from the Fortune 500 company driving innovation in Medicaid managed care and Medicare Advantage plans.

This resource delivers essential updates including quarterly earnings reports, contract awards with state/federal agencies, partnerships advancing telehealth services, and expansions of behavioral health programs. Users will find verified information on Centene’s specialty services like pharmacy benefits management and corrections healthcare solutions.

Bookmark this page for direct access to CNC’s:
• Annual and quarterly financial performance
• Government program enrollment updates
• Strategic acquisitions in healthcare services
• Regulatory compliance milestones

Monitor Centene’s progress in addressing healthcare disparities through its integrated care models and value-based initiatives. Return regularly for unfiltered updates directly from corporate communications and SEC filings.

Rhea-AI Summary

Centene (NYSE: CNC) reported strong Q1 2025 financial results with adjusted diluted EPS of $2.90, up 28% from $2.26 in Q1 2024. The company achieved 17% year-over-year premium and service revenue growth to $42.5 billion, driven by significant membership increases in Marketplace (29%) and Medicare PDP (22%).

Key metrics include a health benefits ratio of 87.5% and an SG&A expense ratio of 7.9%. Total cash flow from operations was $1.5 billion. The company increased its 2025 premium and service revenues guidance by $6.0 billion to $164.0-166.0 billion, reflecting strong Marketplace enrollment and Medicare Advantage retention.

Notable developments include contract wins in Nevada for Medicaid managed care and Marketplace public option, and in Illinois for dual-eligible services. The company maintains its 2025 adjusted diluted EPS guidance floor of greater than $7.25.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary

Health Net, a Centene company, has partnered with Dignity Health and Vivant Health to enhance care coordination for Medi-Cal members in Sacramento County hospitals. The collaboration, featuring embedded Vivant Health nurses in Dignity Health facilities, has shown significant results in its first year:

  • Prevented over 400 unnecessary hospital inpatient days
  • Increased post-discharge follow-up appointments from 76% to 96%

The initiative aligns with California's CalAIM program, focusing on holistic care including mental health, substance use treatment, and social needs like housing. The partnership operates at Mercy San Juan Medical Center and Methodist Hospital of Sacramento, connecting discharged patients with appropriate outpatient services.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.87%
Tags
partnership
-
Rhea-AI Summary

Health Net, a Medi-Cal managed care health plan and subsidiary of Centene (NYSE: CNC), has announced a $3.5 million grant to MLK Community Medical Group to expand healthcare services in Los Angeles. The funding will support the hiring of key clinical staff through 2027, including two primary care physicians, one OB/GYN, one bilingual psychologist, and two certified nurse midwives.

The initiative aims to address the growing demand for healthcare services and clinical staff shortages in the region, ensuring more timely access to care. This grant is part of Health Net's broader workforce development commitment, following a recent $9 million investment to expand California's physician pipeline from education through practice.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.83%
Tags
none
Rhea-AI Summary

Health Net and the Centene Foundation (NYSE: CNC) have pledged an additional $750,000 for wildfire recovery efforts in Los Angeles County, bringing their total contribution to $1 million following the Eaton Fire devastation. The funds will support local nonprofits focusing on housing assistance, mental health, healthcare services, and infrastructure rebuilding.

Health Net is organizing a stakeholder meeting with public health departments, community organizations, and healthcare providers to assess community needs and rebuild healthcare infrastructure. The convening, co-hosted with HealthBegins, California Community Foundation, Pasadena Community Foundation, and GRACE, will address four key areas: respiratory health, mental health, children and youth, and housing.

This initiative follows Health Net's recent $9 million investment to strengthen California's physician workforce, aimed at creating medical career pathways and supporting professional development.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.07%
Tags
none
-
Rhea-AI Summary

Centene (NYSE: CNC) announced that its Nevada subsidiary, SilverSummit Healthplan, has been awarded a five-year Medicaid managed care contract by the Nevada Department of Health and Human Services, starting January 1, 2026, with a possible two-year extension.

The contract marks a significant expansion of Medicaid Managed Care into rural and frontier service areas that were previously fee-for-service. SilverSummit, serving Nevada since 2017 with over 100,000 members, will provide comprehensive services including primary care, telehealth, pharmacy, maternal and behavioral health services.

Additionally, Ambetter from SilverSummit HealthPlan was selected as one of three providers for Nevada's marketplace public option, the Battle Born State Plan (BBSP). This five-year contract, also beginning January 1, 2026, with a potential two-year extension, is expected to serve 16,000 individuals in its first year.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.36%
Tags
none
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.04%
Tags
none
Rhea-AI Summary

'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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.32%
Tags
partnership
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.75%
Tags
none
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.72%
Tags
conferences earnings
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.8%
Tags
none
Centene Corp Del

NYSE:CNC

CNC Rankings

CNC Stock Data

30.11B
493.80M
0.28%
98.94%
1.22%
Healthcare Plans
Hospital & Medical Service Plans
Link
United States
ST LOUIS