Centene Corp Del Stock Price, News & Analysis

Centene Corporation (NYSE: CNC) will present at the Bank of America 2022 Healthcare Conference in Las Vegas from May 9-13, 2022. The company's presentation is scheduled for May 10 at 8:40 a.m. PT, with a live audio webcast available at this link. A replay will be accessible on Centene's website under the Investors section afterwards. Centene is a leading healthcare enterprise focused on providing integrated, cost-effective services, particularly for under-insured and uninsured individuals.

Centene Corporation (NYSE: CNC) reported Q1 2022 results showing a diluted EPS of $1.44 and an adjusted diluted EPS of $1.83, with total revenues of $37.2 billion, up 24% year-over-year. Membership rose by 1.9 million to 26.2 million. The health benefits ratio stood at 87.3%, a slight increase from last year. Additionally, the company raised its 2022 revenue and EPS guidance, projecting adjusted EPS between $5.40 to $5.55.

CEO Sarah London emphasized ongoing operational excellence as key to sustainable growth.

On April 21, 2022, Meridian of Michigan highlighted the rising issue of cyberbullying among the youth, emphasizing its negative impacts on mental health. A Pew Research study indicates that 59% of U.S. teens have experienced online harassment. Meridian's Chief Medical Officer, Dr. Kay Judge, notes the challenges this presents for parents and the community. To combat this, Meridian encourages youth participation in the Centene Institute Youth Impact Award for Cyberbullying Prevention, with a submission deadline of May 20, 2022. The initiative aims to promote awareness and prevention strategies.

Centene Corporation's Board of Directors has accepted the resignation of Leslie V. Norwalk as a Board member. The Board expresses appreciation for her service. The company has been enhancing its corporate governance since November 2021 by appointing five new Board members, refreshing committee chairs, separating the CEO and Chairman roles, and appointing a new lead independent director. The Board supports CEO Sarah London and her leadership team in executing the company's value creation strategy.

Meridian Michigan has appointed Dr. Kay Judge as its new Chief Medical Officer, effective April 10, 2022. Dr. Judge brings over 20 years of experience from health systems in Michigan and California, including her role as Regional Medical Director at Health Net, a Centene subsidiary. She is recognized for her work in reducing healthcare disparities and implementing technology to enhance health outcomes. Dr. Judge aims to uphold Meridian's reputation for high-quality managed care. Meridian is a subsidiary of Centene Corp. (NYSE: CNC), serving Medicaid and Medicare-Medicaid populations in Michigan.

Centene Corporation (NYSE: CNC) will host its 2022 Annual Meeting of Stockholders on April 26, 2022, at 11:00 a.m. ET, following the release of its first-quarter financial results. The meeting will be held at Centene's headquarters in St. Louis, Missouri. Attendees can access a live audio webcast via the company's investor relations website. Centene emphasizes its commitment to providing integrated healthcare services, focusing on underserved populations, including Medicaid and Medicare members.

Welsh, Carson, Anderson & Stowe (WCAS) announced the appointment of Jesse Hunter as an Operating Partner in its Healthcare Group. Hunter, a former executive at Centene Corporation (NYSE: CNC), brings over 20 years of leadership experience, particularly in Mergers & Acquisitions and strategic growth. During his tenure at Centene, he played a key role in expanding the company into a $125 billion enterprise focused on government healthcare programs. His addition is expected to enhance WCAS's portfolio in managed care and population health.

Centene Corporation (NYSE: CNC) has appointed Sarah London as Chief Executive Officer, effective immediately, succeeding Michael Neidorff, who is on medical leave. London, previously Vice Chairman, will focus on enhancing integrated, value-based care. Her leadership in technology and corporate strategy is expected to drive innovation within the company. The Board praised her strategic insight and commitment to member care. Centene serves over 26 million Americans, focusing on providing high-quality, affordable healthcare.

Centene Corporation (NYSE: CNC) announced it will release its 2022 first quarter financial results on April 26, 2022, at 6 a.m. ET. A conference call to discuss the results will follow at 8:30 a.m. ET. Interested parties can join the call by dialing the provided numbers or via a live audio webcast on Centene's website. A replay will be available shortly after the call for 12 months. The Company, a leader in healthcare, focuses on integrated services for government-sponsored programs and emphasizes local outreach to support under-insured individuals.