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Centene (CNC) Stock News, Mar-Apr 2022

CNC NYSE

Welcome to our dedicated page for Centene news (Ticker: CNC), a resource for investors and traders seeking the latest updates and insights on Centene stock.

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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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FAQ

What is the current stock price of Centene (CNC)?

The current stock price of Centene (CNC) is $61.83 as of September 25, 2026.

What is the market cap of Centene (CNC)?

The market cap of Centene (CNC) is approximately 30.5B.