Centene Corp Del Stock Price, News & Analysis

Centene Corporation (NYSE: CNC) will release its Q1 2021 financial results on April 27, 2021, at 6 a.m. Eastern Time, followed by a conference call at 8:30 a.m. ET. CEO Michael F. Neidorff and CFO Jeffrey A. Schwaneke will host the call. The conference call is accessible via phone or live audio webcast on the company’s website. A replay will be available for 12 months. The Annual Shareholder Meeting will take place virtually on the same day at 11:00 a.m. ET. Centene, a leading healthcare enterprise, focuses on providing integrated healthcare services to under-insured individuals.

Centene Corporation (NYSE: CNC) announced the expiration of the Hart-Scott-Rodino waiting period for its proposed acquisition of Magellan Health as of March 12, 2021. The deal will enhance Centene's whole health capabilities and create a leading behavioral health platform, aiming for improved health outcomes and diversified growth.

The transaction is expected to close in the second half of 2021, pending regulatory approvals and stockholder agreement from Magellan Health.

Centene Corporation (NYSE: CNC) has partnered with the Pro Football Hall of Fame to promote COVID-19 vaccine awareness through public service announcements (PSAs). The campaign, which targets communities of color, features Hall of Famers advocating the importance of vaccination for protecting others. With less than 6% of vaccinated individuals being Black, despite their 13% population representation, the initiative aims to increase vaccination rates. Public health officials emphasize that achieving herd immunity requires about 80% vaccination in the U.S.

Centene Corporation has issued a statement addressing claims made by the Ohio Attorney General, asserting that the allegations are unfounded. The company emphasizes that its pharmacy contracts with the State of Ohio are rigorously reviewed and pre-approved by state agencies. Centene highlights that these services have successfully saved millions for taxpayers by utilizing market-based pharmaceutical pricing. The company expresses its commitment to quality and transparency and is open to addressing any queries from the Attorney General.

Centene Corporation (NYSE: CNC) has appointed Katie Casso as Senior Vice President, Corporate Controller, effective April 1, 2021. This follows the retirement of Christopher Isaak on April 30, 2021. Casso has over 16 years of experience with Centene, progressing from public accounting to leadership roles within the finance department, including her recent position as Vice President, Assistant Controller. Her appointment is expected to continue supporting Centene's growth strategy, while Isaak's contributions are acknowledged as he retires.

Centene Corporation recently participated in No One Eats Alone Day, a nationwide initiative aimed at addressing childhood social isolation, exacerbated by the COVID-19 pandemic. Collaborating with local schools, Centene's health plans organized virtual assemblies, reaching over 23,500 children across 47 schools. The initiative aimed to foster social connections among students, teaching them about the effects of social isolation. In total, more than 1,400 schools engaged in this initiative, impacting over 700,000 children nationwide and emphasizing Centene's commitment to community health and inclusion.

Centene Corporation (NYSE: CNC) has announced executive leadership changes effective March 1, 2021, to enhance its growth and innovation. Brent Layton is appointed President of U.S. Health Plans, retaining his EVP title. Sarah London becomes President of Health Care Enterprises and EVP of Advanced Technology, leading the Magellan integration. Shannon Bagley is now Executive VP and Chief Administrative Officer, and Robert Sanders is the new EVP of Global Human Resources. These appointments are intended to align with Centene's focus on transforming healthcare services for its members and stakeholders.

Centene Corporation (NYSE: CNC) will participate in two virtual healthcare conferences in March 2021. The first is the Barclays Global Healthcare Conference on March 9, where it will present at 9:10 a.m. EST, accessible via a live audio webcast. The second is the Oppenheimer 31st Annual Healthcare Conference on March 16, with a presentation scheduled for 8:40 a.m. EDST, also available through a webcast. Replays of both presentations will be accessible on Centene's investor relations website.

Centene Corporation (NYSE: CNC) announced that its subsidiary, 'Ohana Health Plan, will continue to manage the Community Care Services (CCS) program in Hawaii under a new three-year contract beginning July 1, 2021. The CCS program delivers behavioral health services to around 5,000 Medicaid-eligible adults with severe mental illnesses. 'Ohana Health Plan has provided these services since 2013, reflecting its commitment to quality care. This new contract emphasizes the company's integrated healthcare approach and partnership with local organizations to improve member outcomes.