Centene Corporation reports news on its government-sponsored managed care business, including Medicaid, Medicare, individual exchange coverage and Medicare Part D plans. Company updates commonly cover quarterly results, EPS guidance, membership by line of business and health-plan subsidiary activity across state markets.
Centene news also includes initiatives from the Centene Foundation and operating companies such as Health Net, Superior HealthPlan, Home State Health, Sunshine Health, Buckeye Health Plan, Carolina Complete Health and WellCare of Kentucky. Recurring themes include affordable housing, medically tailored meals, provider accessibility, workforce development, community health, social services and programs that address drivers of health for managed care members.
Superior HealthPlan's STAR+PLUS Medicare-Medicaid Plan (MMP) received a remarkable score of 90 out of 100 in a recent survey by the Centers for Medicare & Medicaid Services (CMS). This achievement places the plan among the top four nationally and highlights its commitment to quality healthcare. For the third consecutive year, Superior ranked in the top 10 plans in the country, demonstrating its dedication to serving over 2 million members across Texas. The CMS survey reflects consumer feedback, emphasizing accessibility and quality of care. The STAR+PLUS MMP serves eligible individuals in Bexar, Dallas, and Hidalgo Counties, focusing on those with disabilities and low-income resources.
Centene Corporation (NYSE: CNC) announced leadership changes effective March 31, 2023. Fred Eppinger will become Chairman of the Board, succeeding James Dallas, who will remain on the Board. Wayne DeVeydt has been appointed Chairman of the Audit and Compliance Committee. Board members Orlando Ayala, Richard Gephardt, and William Trubeck will retire on May 10, 2023. Eppinger brings over 30 years of industry experience and is focused on enhancing shareholder value while fulfilling Centene's mission to serve underserved communities. CEO Sarah London expressed confidence in Eppinger's leadership for long-term growth.
Centene Corporation (NYSE: CNC) will release its 2023 Q1 financial results on April 25, 2023, at 6 a.m. ET, followed by a conference call at 8:30 a.m. ET. Interested parties can listen by calling 1-877-883-0383 in the U.S. or via a live audio webcast on the Company’s website. A replay will be available for 12 months after the call. Centene is a major healthcare provider focused on underinsured and uninsured individuals, offering services under various government-sponsored programs. The company emphasizes long-term growth and community engagement.
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Health Net is providing special assistance to members in Alameda, Marin, Modoc, and Shasta counties in response to the state of emergency declared by Gov. Gavin Newsom due to winter storms. Members can obtain emergency prescription supplies and access 24/7 mental health support through MHN. Additionally, telehealth services are available at no cost if primary care providers are unreachable. Health Net is committed to ensuring that its approximately 3 million members have access to essential healthcare services during this crisis, leveraging over 40 years of experience in transforming community health.
Evolent Health (NYSE: EVH) announced on March 29, 2023, an agreement with Centene Corporation (NYSE: CNC) to enhance its Technology and Services solution for oncology care. This partnership will extend Evolent's oncology services to Centene’s Medicare Advantage members across the nation, deepening their existing collaboration in the specialty care market. Both companies aim to optimize oncology outcomes while managing costs effectively. Evolent's established platform, backed by scientific advisory boards, focuses on clinical quality and financial accountability, ensuring improved care delivery for patients.
On March 27, 2023, Centene Corporation (NYSE: CNC) appointed Tanya McNally as Senior Vice President and Chief People Officer. Ms. McNally will oversee Human Resources and enhance employee talent management for Centene's workforce of over 74,000. Previously, she was Regional Vice President of HR at Centene since 2022 and held senior HR roles at WellCare, Citigroup, and Lehman Brothers. CEO Sarah M. London expressed confidence in McNally's leadership to drive talent growth and innovation. Centene, a Fortune 500 company, focuses on integrated healthcare services, covering government-sponsored and commercial programs.
Superior HealthPlan, a Medicaid managed care organization in Texas, is urging its members to update their eligibility information as the Medicaid redetermination process resumes on April 1, 2023. This follows a pause in eligibility verifications due to the COVID-19 Public Health Emergency starting in March 2020. Superior is providing resources and reminders to assist members in maintaining their health coverage. CEO Mark Sanders emphasized the importance of sustained health coverage for Texans and highlighted partnerships with local health providers to spread this message. Members can find guidance on YourTexasBenefits.com.
Health Net is offering essential support to members in six California counties—Calaveras, Del Norte, Glenn, Kings, San Benito, and San Joaquin—affected by winter storms. This initiative follows the state of emergency declared by Governor Gavin Newsom on March 17, 2023. Members can access emergency supplies of their prescription medications and assistance via Health Net's hotline at 1-800-400-8987. Additionally, Health Net provides 24/7 mental health support through MHN, and telehealth services at no cost for those unable to reach their primary care providers. The company emphasizes its commitment to ensuring healthcare access during emergencies.
Canada Nickel Company has announced impressive results from its first metallurgical test on samples from the Reid property, achieving a nickel recovery rate of 63% and producing the highest grade nickel sulphide concentrate (60% grade) from over 120 previous tests. Utilizing the processing flowsheet from its Crawford project, the Reid tests indicate the potential for significant synergies in the Timmins Nickel District. Furthermore, Canada Nickel has finalized the acquisition of the Texmont property for $4 million, which could lead to smaller scale production. Overall, these developments signal robust prospects for future growth.