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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
Health Net, a Medi-Cal managed care health plan, announced $2 million in grants to 47 independent physician practices throughout California to support their implementation of the DHCS Equity and Practice Transformation Directed Payment Program. The grants aim to remove barriers faced by physician practices in accessing available funding and will be used to improve practices through the implementation of electronic health records, care coordination, processes, infrastructure, and technology. Health Net's partnership with Physicians for a Healthy California has been instrumental in supporting these independent physician practices.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.08%
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none
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Rhea-AI Summary
Superior HealthPlan, a subsidiary of Centene Corporation (NYSE: CNC), celebrates 25 years of delivering high-quality healthcare services to over 2 million members in Texas. With a focus on Medicaid, CHIP, Medicare, and the Health Insurance Marketplace, the organization has grown from serving 3,400 members in El Paso to becoming the largest Medicaid managed care organization in Texas. Superior has maintained a rating of 3.5 or higher on a 5.0 scale according to the National Committee for Quality Assurance (NCQA) Medicaid Health Insurance Plan Ratings since 2015. The company's continued assistance, innovative programs, and local involvement have positively impacted Texas communities, exemplified by partnerships with Centene Charitable Foundation, Start Smart for Your Baby® program, Good Measures' Food is Medicine program, MedArrive's home health program, and Hazel Health's physical and mental health program. Superior has also provided significant funding to community-based organizations, demonstrating its commitment to transforming the health of the communities it serves.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.08%
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none
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Rhea-AI Summary
Peach State Health Plan, a subsidiary of Centene Corporation, and the Centene Foundation have announced a $2.2 million funding commitment to Augusta University. This funding will support the expansion of the University's Medical College of Georgia 3+ Primary Care Pathway Program and the launch of a new loan forgiveness program for dental students who commit to practicing in rural and underserved areas of Georgia. The collaboration aims to address the ongoing shortages of physicians and dentists in rural areas of the state, as per the 2022 Georgia Board of Health Care Workforce Report.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.11%
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none
Rhea-AI Summary
Centene Corporation (CNC) will release its 2023 fourth-quarter and full-year financial results on February 6, 2024. The company will host a conference call to review the results, and interested parties can listen via phone or webcast. A webcast replay will be available for on-demand listening, and a digital audio playback will be accessible for a limited time after the call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.52%
Tags
conferences earnings
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Rhea-AI Summary
Centene Corporation (NYSE: CNC) announced the appointment of Michael A. Carson as President and CEO of its Medicare business, Wellcare, and the transfer of Richard Fisher to the Operations leadership team under Centene COO Susan Smith. Carson will be responsible for Medicare business performance, strategy, and growth, reporting to Centene President Ken Fasola. Fisher will oversee key financial and operational processes across Shared Services and lead enterprise development and management of Centene's vendor partnerships.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.38%
Tags
management
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Rhea-AI Summary
Centene Corporation (NYSE: CNC) announced that its subsidiary, NH Healthy Families, has been selected to provide physical health, behavioral health, and pharmacy services for New Hampshire's Medicaid managed care program, supporting approximately 178,000 members. The contract will be effective from September 1, 2024, through August 31, 2029. Centene aims to continue supporting the health care needs of Medicaid members in New Hampshire and looks forward to continued partnership with state partners, providers, and communities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.2%
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none
Rhea-AI Summary
Kroger Health, a division of The Kroger Co., has announced that it will continue to be part of Centene Corporation's pharmacy network, providing access to approximately 700,000 Centene members in 2024. While not in Express Scripts' pharmacy network, Kroger will remain in the pharmacy network for all Centene lines of business, including Medicaid, Medicare, and the health insurance marketplace.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.83%
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none
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Rhea-AI Summary
Centene Corporation (NYSE: CNC) completes divestiture of Circle Health Group to Pure Health, positioning Circle Health for continued success under new ownership.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.83%
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none
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Rhea-AI Summary
Western Sky Community Care, a New Mexico Managed Care Organization (MCO) and wholly owned subsidiary of Centene Corporation (NYSE: CNC), partners with Pacify to offer scholarships for doulas and lactation specialists in New Mexico.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.12%
Tags
partnership
Rhea-AI Summary
Health Net Federal Services, LLC (HNFS), a subsidiary of Centene Corporation (NYSE: CNC), has achieved renewed Utilization Review Accreditation Commission (URAC) accreditations in Health Network, Health Utilization Management, Case Management, and Disease Management, demonstrating a continuous commitment to excellence in delivering exceptional healthcare solutions for U.S. military service members, retirees, and family members.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.53%
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none
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.