Centene Corp Del Stock Price, News & Analysis

Centene Corporation (NYSE: CNC) will release its 2022 third quarter financial results on October 25, 2022, at 6 a.m. ET, followed by a conference call at 8:30 a.m. ET. Investors can join the call by dialing 1-877-883-0383 within the U.S. or +1-412-902-6506 internationally, using Elite Entry Number: 6216529. A live audio webcast will also be available on Centene's website. A replay of the call will be archived for 12 months on the same site.

Wellcare, a subsidiary of Centene Corporation (NYSE: CNC), announced its expansion in Medicare Advantage and Medicare Prescription Drug Plans for 2023, with offerings in 209 new counties and 48 newly designed plans. The company serves nearly 1.5 million members and emphasizes enhanced benefits, including a partnership with Amazon as a preferred retail pharmacy. Key highlights include $0 premiums on many plans, low copays, and comprehensive services for chronic conditions. The Annual Enrollment Period begins on October 15, 2022, and will run until December 7, 2022.

Health Net has achieved the first-ever Health Equity Accreditation Plus from the National Committee for Quality Assurance (NCQA), being one of nine organizations recognized nationally. This accreditation covers all business lines including Medi-Cal, Marketplace, Medicare, and Commercial. It reflects the company's commitment to improving health equity by addressing gaps in care and partnering with community organizations. Notably, Health Net has a history of over a decade in innovating health equity solutions in California.

Centene Corporation's subsidiary, Nebraska Total Care, has secured a five-year contract with the Nebraska Department of Health and Human Services to manage the state's Medicaid program, Heritage Health. This contract, which includes options for two one-year extensions, allows Nebraska Total Care to continue serving over 125,000 Medicaid enrollees through a network of nearly 60,000 providers. The focus is on enhancing health outcomes while minimizing costs. Centene aims to deliver innovative healthcare solutions, maintaining a strong local presence to address unique community challenges.

Centene Corporation (NYSE: CNC) announced that its Texas subsidiary, Superior HealthPlan, has been awarded a new six-year contract to provide healthcare coverage for children and youth in foster care through the STAR Health Medicaid program. Superior has held this role since the program's inception in 2008. The contract aims to enhance healthcare access for this vulnerable population by coordinating services to meet their complex medical and non-medical needs.

Health Net has launched special assistance for its members in Siskiyou County following a state of emergency declared by Governor Gavin Newsom due to wildfires. Key services include emergency prescription supplies, telehealth access at no cost, and coping support through the MHN hotline. Members can obtain emergency medications from their pharmacies or contact Health Net for help if their pharmacy is closed. Healthcare providers can reach out for guidance on emergency prescriptions and treatment approvals. Health Net aims to ensure seamless access to healthcare services during the crisis.

Centene Corporation (NYSE: CNC) announced its participation in the Morgan Stanley 20^th Annual Global Healthcare Conference in New York City from September 12^th to 14^th, 2022. The company will present on September 13^th at 8:35 a.m. ET. A live audio webcast is available for listeners, and a replay can be accessed later on Centene's investor relations website.

Centene is a leading healthcare provider, serving millions through government-sponsored and commercial healthcare programs, focusing on under-insured and uninsured individuals.

Centene Corporation (NYSE: CNC) announced the appointment of Ashlee Knuckey as Chief Ethics and Compliance Officer on September 1, 2022. With nearly 13 years of experience, Knuckey has a strong background in healthcare regulations and compliance, previously serving as a partner at Locke Lord LLP. CEO Sarah London emphasized Knuckey's expertise in enhancing Centene's commitment to integrity and regulatory compliance. This strategic hire aims to improve relations with government clients and providers, ultimately benefiting member health outcomes.

Centene Corporation (NYSE: CNC) announced its Medi-Cal Managed Care contract awards from the California Department of Health Care Services. The company will continue to serve nine counties but expressed disappointment over losing contracts in Los Angeles, Sacramento, and Kern counties. Centene has provided quality healthcare for 25 years through its local brand, Health Net, and believes the exit from these counties will disrupt services for members. The company is considering appeal options to protect its members' access to healthcare.