Centene Corp Del Stock Price, News & Analysis

Centene Corporation (NYSE: CNC) has received the Innovation Award for Health Equity from the National Committee for Quality Assurance (NCQA) for its Health Equity Improvement Model. This model integrates quantitative and qualitative data to enhance healthcare quality and address disparities. Key results include improved colorectal cancer screenings for American Indian/Alaska Native members, better immunization rates for Latino children, and enhanced maternal health outcomes for African American members. Centene plans to expand this model nationwide.

Centene Corporation's Indiana subsidiary, Managed Health Services (MHS), has secured a four-year contract to continue providing Medicaid and managed care services to Hoosier Healthwise and Healthy Indiana Plan members. This contract, awarded by the Indiana Department of Administration, includes options for two additional one-year renewals. MHS has served over 400,000 members in Indiana since 1995, focusing on enhancing healthcare access and reducing delivery costs through a network of local providers, emphasizing holistic patient care.

Health Net Federal Services, a subsidiary of Centene Corporation (NYSE:CNC), has been certified as a Center of Excellence by BenchmarkPortal for the tenth consecutive year. This prestigious recognition places HNFS among the top 10% of call centers in the healthcare industry, acknowledging their commitment to superior customer service and operational efficiency. The call center serves TRICARE beneficiaries, reflecting HNFS's dedication to enhancing healthcare for military families. The certification is based on rigorous performance metrics, signifying a strong operational foundation and customer focus.

Centene Corporation (NYSE: CNC) will present at the Barclays Global Healthcare Conference from March 15-17, 2022, at the Loews Miami Beach Hotel. The presentation is scheduled for 9:00 a.m. ET on March 15. A live audio webcast will be available at this link, with a replay accessible via the Company’s website afterwards. Centene is a Fortune 25 healthcare enterprise focused on providing integrated, affordable services for under-insured and uninsured individuals across various programs.

On February 24, 2022, Centene Corporation (NYSE: CNC) announced that its CEO, Michael Neidorff, is taking a medical leave of absence. James Dallas will act as Chairman of the Board during this period, with day-to-day management handled by a team including Sarah London, Brent Layton, Drew Asher, and Shannon Bagley. Neidorff led Centene for 26 years, growing it to a Fortune 24 company with revenues exceeding $125 billion. The Board aims to appoint a new CEO by Q2 2022.

Health Net has awarded a $150,000 grant to the UCSF California Preterm Birth Initiative and Cherished Futures for Black Moms & Babies. This funding aims to establish a statewide coalition focused on advancing birth justice for Black communities. Health disparities are highlighted, as Black women are significantly more likely to face birth-related complications. Health Net has invested $100 million in community initiatives since 2017 to improve health equity.

Health Net awarded over $4.5 million in grants to community-based nonprofits across California to enhance COVID-19 vaccination rates and vaccine equity. This initiative supports campaigns like AltaMed's “¡Ándale! ¿Qué esperas?” and local outreach programs aimed at educating communities. Over 80 grants were distributed, with notable recipients including AltaMed, which received $1.6 million for outreach to Latino communities. The company has also conducted more than 160 vaccination events, resulting in over 15,000 vaccinations.

Centene Corporation (NYSE: CNC) announced on February 15, 2022, that Trillium Community Health Plan received NCQA Accreditation for its Medicaid product. This recognition indicates a high standard in managing healthcare delivery, improving care quality, and ensuring consumer safeguards. NCQA President, Margaret E. O'Kane, praised Trillium's achievements, which reflect its commitment to quality healthcare. Centene aims to enhance patient outcomes through integrated services, serving nearly 1 in 15 individuals nationwide, including those under Medicaid and Medicare.