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.
Centene Corporation (NYSE: CNC) reported a strong financial performance for Q1 2023, with a GAAP diluted EPS of $2.04 and adjusted diluted EPS of $2.11. The company's total revenues reached $38.9 billion, with premium and service revenues at $35.0 billion, reflecting a 2% year-over-year growth. The health benefits ratio stood at 87.0%, driven by disciplined pricing strategies and favorable Medicare results. Centene increased its full-year 2023 adjusted EPS guidance to at least $6.40 and set a target for 2024 EPS at over $6.60, anticipating a compound annual growth of 12-15% in the latter half of the decade. The company also announced significant operational cash flow of $4.3 billion, while executing share repurchases totaling 4.9 million shares for $377 million in Q1.
Health Net is assisting members in Contra Costa, Riverside, San Diego, and Yolo counties during the declared state of emergency due to winter storms. Key measures include providing emergency supplies of prescription medications, access to telehealth services at no cost, and mental health support through MHN's hotline available 24/7. Members can refill prescriptions at their original pharmacies or call for assistance if closed. Healthcare providers may contact Health Net for emergency prescription refill guidelines and approvals. The company, a subsidiary of Centene Corporation (NYSE: CNC), emphasizes the importance of maintaining access to healthcare services during this crisis.
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