Welcome to our dedicated page for Centene Del news (Ticker: CNC), a resource for investors and traders seeking the latest updates and insights on Centene Del stock.
Centene Corporation (NYSE: CNC) generates a steady flow of news related to government-sponsored healthcare programs, local health plans, and community health initiatives. As a Fortune 500 healthcare enterprise, Centene and its subsidiaries regularly issue updates on Medicaid and Medicare activities, Marketplace products, investor communications, and efforts to address social drivers of health such as food insecurity.
News items for Centene often feature announcements from local health plans that are companies of Centene Corporation. Examples include Health Net in California, Meridian Health Plan of Illinois, Ambetter Health Marketplace offerings, Coordinated Care in Washington, and specialty pharmacy activities from AcariaHealth. These stories cover topics such as value-based care partnerships, emergency assistance for members during natural disasters, public service announcements promoting preventive care, and investments in food banks and mobile pantry programs.
Investors and analysts following CNC can also find coverage of earnings-related events and financial communications. Centene files Form 8-K reports on quarterly results, updates to financial guidance, participation in healthcare conferences, and changes in board composition. These disclosures provide insight into the company’s financial outlook, use of non-GAAP measures, and governance developments.
For stakeholders interested in public health and community impact, Centene-related news highlights grants and collaborations with food banks, community organizations, and nutrition programs across multiple states. These initiatives illustrate how the enterprise and the Centene Foundation seek to improve access to nutritious food and support whole-person health. This news page brings together such corporate, financial, and community-focused updates for Centene Corporation and its affiliated health plans.
Superior HealthPlan, a subsidiary of Centene (NYSE: CNC), has awarded $200,000 in grants to 20 community-based organizations and healthcare providers across Texas. The funding, distributed through their annual grant program, aims to address healthcare barriers and non-medical drivers of health in low-income communities.
The grants are split between 10 community organizations and 10 healthcare providers, each receiving funding for specific projects ranging from diaper distribution programs to medical equipment purchases. Notable recipients include Her Pantry in El Paso, YMCA of Greater San Antonio, and various healthcare facilities across Texas.
Since 2020, Superior has invested over $940,000 through this grant program, supporting initiatives focused on food access, economic stability, healthcare, housing, education, and other critical needs affecting overall health and well-being.
Meridian Health Plan of Illinois, a Centene (NYSE: CNC) company, has announced a partnership with farmers markets across central and southern Illinois to combat food insecurity in 2025. The initiative offers vouchers for fresh produce purchases, with Meridian members receiving $15 in vouchers and non-members receiving $10 per market visit.
The program includes a SNAP/Link benefit doubling feature, where $25 in SNAP benefits converts to $50 for fresh produce purchases. Building on their successful 2024 pilot at Carbondale, which distributed 540 vouchers worth over $3,750 to 321 attendees, the program will expand to multiple locations including Carbondale, Champaign, Murphysboro, Marion, Anna-Jonesboro, and East St. Louis between May and September 2025.
Delaware First Health (DFH) and the Centene Foundation have announced a grant program targeting social drivers of health in Delaware. The initiative will distribute $500,000 in grants over three years, with individual grants starting at $10,000. Applications are open to Delaware-based 501c3 organizations serving the Medicaid population, with submissions accepted through June 13, 2025.
The program prioritizes projects addressing housing instability and transportation accessibility, though applications targeting other social health drivers will be considered. Organizations must demonstrate measurable outcomes and impact over time. Award announcements are scheduled for July 2025.
National Veterinary Associates (NVA) has announced key board appointments ahead of its planned IPO, naming Ken Burdick as Executive Chairman and Dr. Mike McFarland as Director. Burdick brings over 40 years of healthcare experience and currently serves as Executive Chairman at LifeStance Health (NASDAQ: LFST). He previously led WellCare Health Plans as CEO, delivering strong performance in revenue and profit margins before its acquisition by Centene Corporation.
Dr. McFarland contributes more than 40 years of veterinary healthcare expertise, including 11 years in senior leadership at Zoetis, Inc. and previous roles at Pfizer Animal Health. Greg Hartmann will remain on the board as a director, maintaining his investment in the company.
Oklahoma Complete Health, a subsidiary of Centene Corporation (NYSE: CNC), has announced enhanced benefits for SoonerSelect members starting in 2025. Key new benefits include a $30 monthly Diaper Club for infants and expanded prescription limits for essential medicines. Upgraded benefits feature individual $30 quarterly over-the-counter allowances and improved transportation services allowing up to 4 family members per medical appointment, plus 15 rides for essential errands.
The company's first-year achievements include completing 11,651 referrals for social health needs, helping 2,500 members access Food Rx benefits, facilitating 20,684 YMCA visits, and distributing $2.1M in reward dollars for healthy activities.
Centene (NYSE: CNC) reported strong Q1 2025 financial results with adjusted diluted EPS of $2.90, up 28% from $2.26 in Q1 2024. The company achieved 17% year-over-year premium and service revenue growth to $42.5 billion, driven by significant membership increases in Marketplace (29%) and Medicare PDP (22%).
Key metrics include a health benefits ratio of 87.5% and an SG&A expense ratio of 7.9%. Total cash flow from operations was $1.5 billion. The company increased its 2025 premium and service revenues guidance by $6.0 billion to $164.0-166.0 billion, reflecting strong Marketplace enrollment and Medicare Advantage retention.
Notable developments include contract wins in Nevada for Medicaid managed care and Marketplace public option, and in Illinois for dual-eligible services. The company maintains its 2025 adjusted diluted EPS guidance floor of greater than $7.25.
Health Net, a Centene company, has partnered with Dignity Health and Vivant Health to enhance care coordination for Medi-Cal members in Sacramento County hospitals. The collaboration, featuring embedded Vivant Health nurses in Dignity Health facilities, has shown significant results in its first year:
- Prevented over 400 unnecessary hospital inpatient days
- Increased post-discharge follow-up appointments from 76% to 96%
The initiative aligns with California's CalAIM program, focusing on holistic care including mental health, substance use treatment, and social needs like housing. The partnership operates at Mercy San Juan Medical Center and Methodist Hospital of Sacramento, connecting discharged patients with appropriate outpatient services.
Health Net, a Medi-Cal managed care health plan and subsidiary of Centene (NYSE: CNC), has announced a $3.5 million grant to MLK Community Medical Group to expand healthcare services in Los Angeles. The funding will support the hiring of key clinical staff through 2027, including two primary care physicians, one OB/GYN, one bilingual psychologist, and two certified nurse midwives.
The initiative aims to address the growing demand for healthcare services and clinical staff shortages in the region, ensuring more timely access to care. This grant is part of Health Net's broader workforce development commitment, following a recent $9 million investment to expand California's physician pipeline from education through practice.
Health Net and the Centene Foundation (NYSE: CNC) have pledged an additional $750,000 for wildfire recovery efforts in Los Angeles County, bringing their total contribution to $1 million following the Eaton Fire devastation. The funds will support local nonprofits focusing on housing assistance, mental health, healthcare services, and infrastructure rebuilding.
Health Net is organizing a stakeholder meeting with public health departments, community organizations, and healthcare providers to assess community needs and rebuild healthcare infrastructure. The convening, co-hosted with HealthBegins, California Community Foundation, Pasadena Community Foundation, and GRACE, will address four key areas: respiratory health, mental health, children and youth, and housing.
This initiative follows Health Net's recent $9 million investment to strengthen California's physician workforce, aimed at creating medical career pathways and supporting professional development.
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