Centene Corp Del Stock Price, News & Analysis

Managed Health Services (MHS), a subsidiary of Centene (NYSE: CNC), has announced the recipients of its $1.2 million Youth Mental Health Empowerment Program. This initiative is part of MHS Serves, a larger $12 million program focused on addressing health disparities across Indiana.

The funding will support 20 organizations across multiple Indiana counties, focusing on expanding youth access to healthcare, mental health, and trauma-informed care. The program, managed in partnership with Indiana Minority Health Coalition (IMHC) and Black Onyx Management, will benefit organizations in 29 counties and includes 4 statewide coverage organizations.

Superior HealthPlan, a subsidiary of Centene (NYSE: CNC), has announced a significant investment of $18 million in over-the-counter (OTC) items for Texas Medicaid and CHIP members from 2020 through 2024. The program provides eligible members with $25 or $30 quarterly allowances for essential OTC items.

The Value-added Services (VAS) program includes coverage for digestive health products, personal hygiene items, and household supplies. Additional benefits encompass $150 vision allowances for prescription eyewear, annual sports/school physicals with $35 reimbursement, and the Start Smart for Your Baby® program for pregnant members. The company serves members across all 254 Texas counties, with new VAS offerings planned for September 1, 2025.

'Ohana Health Plan and the Centene Foundation (NYSE: CNC) have partnered with Hawai'i Island Community Health Center (HICHC) to launch a new mobile health clinic, supported by a $550,000 grant. The initiative, called "Gateway to Health," will begin service in August for the 2025-2026 school year.

The mobile clinic will provide essential health services including well-child exams, immunizations, behavioral health, and chronic care management to students in underserved areas. The program will be implemented in phases, starting with the Honokaʻa-Kealakehe-Kohala-Konawaena complex, followed by Kaʻū-Keaʻau-Pāhoa, and Hilo-Waiākea complexes, with full implementation expected by May 2026.

Peach State Health Plan, a subsidiary of Centene Corporation (NYSE: CNC), has strengthened its partnership with Barrow County School System through the Back-to-BOLD back-to-school event on July 25, 2025. The event, held at Apalachee High School, provided essential resources to thousands of students and families.

Key initiatives included the donation of 1,000 pairs of new shoes through collaboration with Shoes That Fit and Centene Foundation, free eye exams and prescription glasses via the Centene Vision Van, and distribution of backpacks and mental health resources. The event served as a healing moment for the community following a tragic school shooting the previous year.

Health Net, a subsidiary of Centene Corporation (NYSE: CNC), has announced $295,000 in grants to support older adults across California. The grants target organizations in Los Angeles, San Joaquin, and Stanislaus Counties, focusing on improving healthcare access and quality of life for seniors.

The funding will support various initiatives including bedside dialysis services, behavioral health programs, and community support services. Key recipients include A Senior Connection, NewGen Administrative Services, ONEgeneration, St. Barnabas Senior Services, and WISE & Healthy Aging. This initiative is part of Health Net's broader commitment, which has invested over $158 million in community-based organizations from 2017 to 2024.

eHealth (NASDAQ: EHTH), a leading online health insurance marketplace, has announced a significant leadership transition. Derrick Duke, current CEO of Magellan Health, will join eHealth as CEO on September 18, 2025, succeeding Fran Soistman, who will retire but remain on the Board of Directors.

Duke brings extensive healthcare management experience from Magellan Health, where he served as CEO and previously held dual roles as COO and CFO. The transition process will begin on August 4, 2025, with Soistman staying on as an executive advisor through December 31, 2025, to ensure a smooth handover.

Centene Corporation (NYSE: CNC) and Superior HealthPlan, along with the Centene Foundation, have opened a new $16 million multi-purpose community health center in Uvalde, Texas. The 16,000-square-foot facility, managed by Community Health Development, Inc. (CHDI), was partially funded by an $8 million investment from Centene Foundation and Superior HealthPlan.

The center features seven medical examination rooms, three dental operatories, behavioral health services, a Class A pharmacy, medical laboratory, and employs 20 full-time staff. The facility will serve the community that Superior HealthPlan has been part of for over 20 years, currently serving approximately 25% of the county's population.

This initiative was developed in response to the Robb Elementary School tragedy, focusing on providing comprehensive physical, behavioral, and emotional health services to the community.

Centene Corporation (NYSE: CNC) reported disappointing Q2 2025 results with a diluted loss per share of $(0.51) and adjusted diluted loss per share of $(0.16). Total revenues reached $48.7 billion, with premium and service revenues increasing 18% to $42.5 billion.

The company experienced significant challenges, including a higher health benefits ratio of 93.0% (up from 87.6% in Q2 2024), driven by reduced Marketplace risk adjustment revenue estimates and increased medical costs across multiple segments. Despite challenges, total membership remained strong at 28 million, with notable growth in Marketplace and PDP segments.

Cash flow from operations was $1.8 billion, with $37.5 billion in cash, investments, and restricted deposits. The company maintains a solid balance sheet with $17.6 billion in total debt and no borrowings on its $4.0 billion revolving credit facility.

Centene Corporation (NYSE: CNC) has announced the scheduling of its 2025 second quarter financial results conference call. The company will release its Q2 2025 results on Friday, July 25, 2025, at 6:00 a.m. ET, followed by a conference call at 8:00 a.m. ET.

Investors can join via phone using the dial-in numbers 1-877-883-0383 (U.S. and Canada) or +1-412-902-6506 (international) with Elite Entry Number 7878291. Alternatively, they can access the audio webcast on Centene's website. A replay will be available for 12 months on the website and via phone until August 1, 2025.