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Centene Corp. - CNC STOCK NEWS

Welcome to our dedicated news page for Centene (Ticker: CNC), a resource for investors and traders seeking the latest updates and insights on Centene.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Centene's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Centene's position in the market.

Rhea-AI Summary
Ambetter from Sunshine Health, in collaboration with the Miami Dolphins, addresses food insecurity in South Florida by distributing food to local families in need. The initiative aims to reduce social determinants of health like food insecurity, homelessness, and job loss to promote better health outcomes.
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0.56%
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Rhea-AI Summary
Home State Health, a Centene Corporation subsidiary, supports No One Eats Alone® Day to promote inclusion in schools, with over 2,000 schools participating nationwide. The event aims to address social isolation among students, highlighting the importance of mental wellbeing.
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0.56%
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Rhea-AI Summary
Meridian in Michigan, a subsidiary of Centene Corporation, partners with Wayne Mobile Health Unit to address maternal and infant health disparities by deploying mobile vans to maternal health equity zones. The $1.1 million funding aims to reduce maternal mortality rates, particularly among Black and Hispanic women in Detroit, by connecting them to OB/GYN specialists for follow-up care. The initiative also includes geospatial analysis to target neighborhoods with health inequities and plans to expand to rural areas. The program focuses on proactive outreach, routine health screenings, and aims to increase attendance at pre- and postnatal appointments by 10-20% in the first year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.05%
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Rhea-AI Summary
WellCare of North Carolina, a subsidiary of Centene Corporation (NYSE: CNC), partners with Reinvestment Partners to launch the Eat Well Program, providing financial assistance to over 1,600 Medicaid members for purchasing fruits and vegetables. The program offers a prepaid credit card worth $80 a month to promote healthier living and food security, with an estimated purchase value of $700,000. This initiative aims to address food insecurity, promote a 'Food as Medicine' approach, and enhance health equity in North Carolina.
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-1.55%
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Superior HealthPlan, a subsidiary of Centene Corporation (NYSE: CNC), has been named a Best Place for Working Parents® for the fourth consecutive year. The company has implemented various family-friendly policies and benefits, including expanded parental and caregiver leave, workplace flexibility, adoption reimbursement program, and volunteering opportunities. Superior's commitment to supporting working parents and providing quality healthcare to the nearly two million people they serve across Texas is evident in their efforts to create a family-friendly workplace.
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1.15%
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News
Rhea-AI Summary
Centene Corporation (NYSE: CNC) announced a 2023 full year diluted EPS of $4.95 and an adjusted diluted EPS of $6.68, up over 15% from 2022. The health benefits ratio was 87.7%, and the company executed $1.6 billion of share repurchases in 2023. Centene completed the final two international divestitures and increased its 2024 premium and service revenues guidance by $2.5 billion. The company's membership, premium and service revenues, and cash flow provided by operations also saw significant changes.
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Rhea-AI Sentiment
End-of-Day
1.15%
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Rhea-AI Summary
Health Net, a Medi-Cal managed care health plan and subsidiary of Centene Corporation, is providing special assistance to members affected by the severe winter storms in several California counties. This includes emergency prescription medications, coping support, and access to telehealth services. Healthcare providers are also offered guidelines and approvals for out-of-network treatments if necessary.
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End-of-Day
1.15%
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Rhea-AI Summary
Sunflower Health Plan and Centene Foundation announced a $390,000 grant to Living Arrangements for the Developmentally Disabled to bring the Smart Living Model to Kansans with intellectual and developmental disabilities. The partnership aims to offer technology and support to give members with IDD more options for living in the most integrated setting possible, in a community of their choice. The Smart Living Model enables participants to safely have more control over how they live through intentional design, smart technology, and an innovative staffing model. The partnership will involve initial collaborative efforts with Johnson County Developmental Supports and Cottonwood, Inc., to oversee the implementation through their residential services.
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0.15%
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Oklahoma Complete Health, a subsidiary of Centene Corporation, has announced the Open Enrollment for eligible SoonerCare members from Feb. 1 – March 10, 2024. The plans include telehealth services, rewards for healthy living, programs for new parents, enhanced vision coverage, and access to a broad network of healthcare providers. The organization aims to improve health outcomes for Oklahomans and deliver improved member satisfaction. Members are encouraged to update their contact information on the official website.
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-0.01%
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Rhea-AI Summary
Centene Corporation (CNC) has been recognized by Fortune magazine as one of the World's Most Admired Companies for the sixth consecutive year. This recognition is based on rankings by industry peers and highlights Centene's commitment to delivering access to high-quality care for members across its Medicaid, Medicare, and Marketplace businesses. The company has expanded its focus on addressing social determinants of health and has introduced innovative programs and services to serve its local communities.
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Rhea-AI Sentiment
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0.6%
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Centene Corp.

NYSE:CNC

CNC Rankings

CNC Stock Data

37.83B
532.40M
0.3%
98.09%
1.53%
Direct Health and Medical Insurance Carriers
Finance and Insurance
Link
US
St Louis

About CNC

centene corporation, a fortune 500 company, is a diversified, multi-national healthcare enterprise that provides a portfolio of services to government sponsored healthcare programs, focusing on under-insured and uninsured individuals. many receive benefits provided under medicaid, including the state children's health insurance program (chip), as well as aged, blind or disabled (abd), foster care and long term care (ltc), in addition to other state-sponsored/hybrid programs, and medicare (special needs plans). the company operates local health plans and offers a range of health insurance solutions. it also contracts with other healthcare and commercial organizations to provide specialty services including behavioral health management, care management software, correctional healthcare services, dental benefits management, in-home health services, life and health management, managed vision, pharmacy benefits management, specialty pharmacy and telehealth services.