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.
Centene Corporation (NYSE: CNC) announced the winners of its Youth Impact Award for Vaping Prevention on June 14, 2021. Aimed at adolescents aged 14-19, the contest received over 150 entries from 30 states, encouraging youth to create Public Service Announcements on vaping dangers. Winners hailed from Ohio, Georgia, and New Jersey. This initiative aligns with Centene's commitment to enhancing health literacy amid rising youth vaping rates and the impact of COVID-19. The program underscores the importance of proactive health education in today's climate.
Centene Corporation (NYSE: CNC) has reached no-fault agreements with the Attorneys General of Ohio and Mississippi, resolving claims related to its pharmacy benefits manager subsidiary, Envolve Pharmacy Solutions. Centene will pay $88 million to Ohio and $55 million to Mississippi, while denying any liability. Following a proactive restructuring in 2019, Envolve will now function as an administrative service provider. Additionally, Centene has set aside a $1.1 billion reserve for potential future claims and settlements, reflecting the company’s commitment to transparency and healthcare quality.
Centene Corporation (NYSE: CNC) announced a new initiative to boost COVID-19 vaccinations among its health plan members and the general public. Starting this week, a nationwide call campaign will assist unvaccinated individuals in scheduling appointments. Additionally, the top 100 healthcare providers achieving increased vaccination rates will receive $5,000 grants. The company will also launch public service announcements emphasizing vaccination's importance for family health. These efforts build upon prior outreach and education initiatives to combat vaccine hesitancy.
Centene Corporation (NYSE: CNC) will host a virtual Investor Meeting on June 16, 2021. The meeting will feature Michael F. Neidorff, CEO, and Drew L. Asher, CFO, and will be streamed live on the company's website. Centene is a Fortune 50 company focused on providing integrated healthcare services to under-insured and uninsured individuals, serving nearly 1 in 15 people in the U.S. The company also has a presence in international markets and emphasizes long-term growth and community support.
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Centene Corporation (NYSE: CNC) will present at Bernstein's 37th Annual Strategic Decisions Conference from June 2-4, 2021. The company's session is scheduled for June 3 at 8:00 a.m. EDT, available as a live audio webcast. A replay will be accessible on Centene's investor relations website. As a leading healthcare enterprise, Centene focuses on providing integrated services to under-insured and uninsured individuals across various programs, including Medicaid and Medicare. They prioritize long-term growth and community service.
Centene Corporation (NYSE: CNC) has appointed Suzy DePrizio as Senior Vice President and Chief Marketing Officer, effective immediately. DePrizio, with over 16 years of marketing leadership experience from her tenure at Johnson & Johnson, will spearhead Centene's marketing strategy and brand position. Her previous roles include leading digital transformation at Johnson & Johnson's U.S. Consumer Health business. DePrizio holds a BA from Harvard University and an MBA from Duke University. This appointment is seen as pivotal for enhancing Centene's growth trajectory.
Centene Corporation (NYSE: CNC) will present at the BofA Securities 2021 Healthcare Conference from May 11-13, 2021. The company’s presentation is scheduled for May 12 at 10:15 a.m. EDT. This will be a virtual event, and a live audio webcast can be accessed through Centene’s investor relations site. Following the event, a replay will be available on their website. Centene focuses on providing comprehensive healthcare services to under-insured and uninsured individuals across the nation and emphasizes long-term growth opportunities.
Centene Corporation has appointed Drew Asher as its new Executive Vice President and Chief Financial Officer, effective immediately. Asher, who joined Centene during the WellCare acquisition in January 2020, succeeds Jeffrey A. Schwaneke, who will transition to Executive Vice President of HealthCare Enterprises. Having extensive experience in finance, including a six-year tenure as CFO at WellCare, Asher aims to drive Centene's growth objectives and oversee various financial operations. His appointment reflects the company's commitment to leadership development and operational excellence.
On April 30, 2021, Health Net Federal Services, a subsidiary of Centene Corporation (NYSE:CNC), announced its call center received the Center of Excellence certification from BenchmarkPortal for the ninth consecutive year. This certification recognizes HNFS as among the top 10% of call centers in the U.S., validating its commitment to excellence in customer service. The evaluation was based on key performance indicators, differing from other certifications that focus on process methods. The call center primarily serves TRICARE beneficiaries, providing healthcare support to nearly 2.9 million individuals.