Centene Corp Del Stock Price, News & Analysis

Peach State Health Plan, a subsidiary of Centene Corporation (NYSE: CNC), has strengthened its partnership with Barrow County School System through the Back-to-BOLD back-to-school event on July 25, 2025. The event, held at Apalachee High School, provided essential resources to thousands of students and families.

Key initiatives included the donation of 1,000 pairs of new shoes through collaboration with Shoes That Fit and Centene Foundation, free eye exams and prescription glasses via the Centene Vision Van, and distribution of backpacks and mental health resources. The event served as a healing moment for the community following a tragic school shooting the previous year.

Health Net, a subsidiary of Centene Corporation (NYSE: CNC), has announced $295,000 in grants to support older adults across California. The grants target organizations in Los Angeles, San Joaquin, and Stanislaus Counties, focusing on improving healthcare access and quality of life for seniors.

The funding will support various initiatives including bedside dialysis services, behavioral health programs, and community support services. Key recipients include A Senior Connection, NewGen Administrative Services, ONEgeneration, St. Barnabas Senior Services, and WISE & Healthy Aging. This initiative is part of Health Net's broader commitment, which has invested over $158 million in community-based organizations from 2017 to 2024.

eHealth (NASDAQ: EHTH), a leading online health insurance marketplace, has announced a significant leadership transition. Derrick Duke, current CEO of Magellan Health, will join eHealth as CEO on September 18, 2025, succeeding Fran Soistman, who will retire but remain on the Board of Directors.

Duke brings extensive healthcare management experience from Magellan Health, where he served as CEO and previously held dual roles as COO and CFO. The transition process will begin on August 4, 2025, with Soistman staying on as an executive advisor through December 31, 2025, to ensure a smooth handover.

Centene Corporation (NYSE: CNC) and Superior HealthPlan, along with the Centene Foundation, have opened a new $16 million multi-purpose community health center in Uvalde, Texas. The 16,000-square-foot facility, managed by Community Health Development, Inc. (CHDI), was partially funded by an $8 million investment from Centene Foundation and Superior HealthPlan.

The center features seven medical examination rooms, three dental operatories, behavioral health services, a Class A pharmacy, medical laboratory, and employs 20 full-time staff. The facility will serve the community that Superior HealthPlan has been part of for over 20 years, currently serving approximately 25% of the county's population.

This initiative was developed in response to the Robb Elementary School tragedy, focusing on providing comprehensive physical, behavioral, and emotional health services to the community.

Centene Corporation (NYSE: CNC) reported disappointing Q2 2025 results with a diluted loss per share of $(0.51) and adjusted diluted loss per share of $(0.16). Total revenues reached $48.7 billion, with premium and service revenues increasing 18% to $42.5 billion.

The company experienced significant challenges, including a higher health benefits ratio of 93.0% (up from 87.6% in Q2 2024), driven by reduced Marketplace risk adjustment revenue estimates and increased medical costs across multiple segments. Despite challenges, total membership remained strong at 28 million, with notable growth in Marketplace and PDP segments.

Cash flow from operations was $1.8 billion, with $37.5 billion in cash, investments, and restricted deposits. The company maintains a solid balance sheet with $17.6 billion in total debt and no borrowings on its $4.0 billion revolving credit facility.

Centene Corporation (NYSE: CNC) has announced the scheduling of its 2025 second quarter financial results conference call. The company will release its Q2 2025 results on Friday, July 25, 2025, at 6:00 a.m. ET, followed by a conference call at 8:00 a.m. ET.

Investors can join via phone using the dial-in numbers 1-877-883-0383 (U.S. and Canada) or +1-412-902-6506 (international) with Elite Entry Number 7878291. Alternatively, they can access the audio webcast on Centene's website. A replay will be available for 12 months on the website and via phone until August 1, 2025.

Meridian Health Plan of Illinois and the Centene Foundation (NYSE: CNC) have awarded $1.5 million to OSF HealthCare to expand its pregnancy and postpartum program through a new mobile maternity care unit. The three-year grant aims to serve Central Illinois communities across eight counties where access to maternal care is limited.

The initiative addresses a critical healthcare gap, as 34.3% of Illinois counties are considered maternity healthcare deserts, with some residents needing to travel up to 59 miles to reach a birthing hospital. The mobile unit will provide comprehensive prenatal and postpartum services including sonograms, lab work, vaccinations, and blood pressure monitoring, starting operations in July 2025.

Superior HealthPlan, a subsidiary of Centene (NYSE: CNC), has invested $700,000 to support community hygiene closets across Texas since 2020. The initiative provides free personal care products like diapers, deodorant, shampoo, and laundry detergent to families in need.

The program, which began during the COVID-19 pandemic, now supports 20 community-based organizations managing nearly 30 hygiene closets in various Texas cities. These closets help fill a critical gap as personal care items are not covered under SNAP benefits, which serve approximately 3.5 million low-income Texans.

Centene Corporation (NYSE: CNC) has withdrawn its previously issued 2025 GAAP and adjusted diluted earnings per share (EPS) guidance due to significant challenges in its Health Insurance Marketplace business and Medicaid operations.

Based on data from Wakely covering 22 of 29 Marketplace states, CNC expects a reduction of approximately $1.8 billion in net risk adjustment revenue transfer, corresponding to an adjusted diluted EPS impact of about $2.75. The company anticipates additional reductions from the remaining seven states. In response, Centene has begun refiling 2026 Marketplace rates to reflect higher projected baseline morbidity.

The company's Medicaid business is experiencing increased medical cost trends in behavioral health, home health, and high-cost drugs, particularly in New York and Florida. The Q2 2025 Medicaid Health Benefits Ratio is expected to be higher than Q1. On a positive note, Medicare Advantage and Medicare Prescription Drug Plan businesses are performing above expectations, and the company continues to achieve strong SG&A expense leverage.