Centene Corp Del Stock Price, News & Analysis

Wellcare, a subsidiary of Centene Corporation, achieved a 4.5-Star Rating from the Centers for Medicare & Medicaid Services (CMS) for the Rating Year 2022. This rating reflects Wellcare's commitment to high-quality Medicare services in Florida. The CMS Star Ratings guide beneficiaries in selecting health plans based on factors like clinical care and member feedback. Wellcare President Nathan Landsbaum emphasizes the dedication of their employees and providers. Centene plans to unify various Medicare brands under the Wellcare name starting January 1, 2022, enhancing service delivery across the country.

Centene Corporation (NYSE: CNC) announced a multi-year partnership with Charlotte FC, designating it as the official health insurance partner for the upcoming 2022 season. This collaboration aims to enhance community health and engagement among soccer fans in the Carolinas, featuring initiatives such as the Centene Community Section at Bank of America Stadium and support for local programs like Greater Goals and Meals on the Move. This partnership aligns with Centene's mission to provide accessible care to over 25 million members nationwide while reinforcing its commitment to the Charlotte community.

Centene Corporation (NYSE: CNC) announced the retirement of board member David L. Steward, effective October 6, 2021. Steward, who served since 2003, cited personal commitments as his reason for stepping down. His departure comes as Centene continues to refresh its board, having appointed new members, including Sarah London as Vice Chairman in September. Chairman and CEO Michael Neidorff expressed gratitude for Steward's 18 years of leadership, emphasizing the company's commitment to diversity on its board and the importance of strong governance for future growth.

Centene Corporation (NYSE: CNC) announced its plans to expand Medicare Advantage offerings for the 2022 enrollment period, increasing its reach to 1,575 counties across 36 states. This expansion includes adding plans in 327 new counties, marking a 26% growth, and entering three new states: Massachusetts, Nebraska, and Oklahoma. Currently serving over 1.1 million Medicare Advantage members, Centene aims to provide better access to affordable Medicare plans during the ongoing pandemic challenges. The company also plans to unify its Medicare brands under the name Wellcare.

California Health and Wellness is responding to Gov. Gavin Newsom’s state of emergency in Shasta County by providing essential support to affected members. During this emergency, members can obtain emergency prescriptions from their original pharmacy or call 1-877-658-0305 for assistance. The company also offers mental health support through its 24/7 hotline and encourages the use of the Babylon app for telehealth services. California Health and Wellness, a subsidiary of Centene Corporation (NYSE: CNC), remains committed to ensuring access to necessary healthcare for its Medi-Cal enrollees.

U.S. Medical Management (USMM) achieved significant results in the 2020 Medicare Shared Savings Program (MSSP), saving the Centers for Medicare & Medicaid Services (CMS) $26.5 million and attaining a 97.5% overall quality score. In total, MSSP ACOs saved Medicare $4.1 billion in 2020, with 345 out of 513 organizations generating savings. USMM, dedicated to home-based care, served 17,174 patients and emphasized its commitment to improving patient outcomes, even amid the challenges posed by the COVID-19 pandemic.

Centene Corporation (NYSE: CNC) has partnered with AT&T, Connected Nation, Dell Technologies, and Intel to tackle the Digital Divide impacting foster youth. The initiative involves donating over 1,000 laptops and 2,200 hotspots to foster care agencies in Florida and Missouri. The K-12 Digital Divide Program aims to provide essential technology for schoolwork, telehealth, and daily activities, especially crucial during the COVID-19 pandemic. By equipping foster youth with these resources, Centene addresses educational disparities and promotes overall health and wellness.

Centene Corporation (NYSE: CNC) is set to announce its Q3 2021 financial results on October 26, 2021, at 6 a.m. ET, followed by a conference call at 8:30 a.m. ET. The call will be led by CEO Michael F. Neidorff and CFO Drew Asher. Investors can join by phone or via a live audio webcast on Centene's website, with a replay available for 12 months post-call. Centene, a leading healthcare enterprise, focuses on providing integrated services to under-insured individuals and contracts with various healthcare organizations to offer specialized services.

California Health and Wellness is responding to the declared state of emergency in Lake County, California, by offering immediate support to members affected by the fires. The company ensures access to essential medications through emergency supply provisions at local pharmacies. Additionally, mental health support is available via MHN, which operates a 24/7 hotline for members coping with trauma. Healthcare providers can also access support for emergency prescriptions and treatment approvals. This initiative underscores their commitment to serving low-income and vulnerable communities across California.