Centene Corp - Company Profile
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Centene Corp (Centene) is a healthcare service provider that offers services to government-sponsored healthcare programs with a focus on underinsured and uninsured individuals. Centene provides health plans through Medicaid, Medicare and Health Insurance Marketplace contracts, and other health solutions through its specialty services companies. It provides a comprehensive range of managed healthcare products and services including Medicaid, the State Children's Health Insurance Program (CHIP), Long Term Care (LTC), Foster Care, dual-eligible individuals (Duals), the Aged, blind or disabled program (ABD), Medicare and Health Insurance Marketplace. The company through its specialty services segment offers dental benefits management, care management software, life and population health management, home-based primary care services, pharmacy benefits management, managed vision, specialty pharmacy, and telehealth services to healthcare organizations, employer groups, state programs, correctional facilities, and other commercial organizations. The company along with its subsidiaries operates across the US. Centene is headquartered in St Louis, Missouri, the US.
Headquarters
United States of America
Address
7700 Forsyth Blvd, St. Louis, Missouri, 63105-1807
Website
www.centene.com
Telephone
1 314 7254477
No of Employees
67,700
Industry
Financial Services
Ticker Symbol & Exchange
CNC (NYSE)
Revenue (2022)
$154.0B
6.5%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
124.8%
(2022 vs 2021)
Market Cap*
$38.7B
Net Profit Margin (2022)
XYZ
110.8%
(2022 vs 2021)
* As of and is in US$
Centene Corp premium industry data and analytics
Products and Services
| Services | Brands |
|---|---|
| TANF (Temporary Assistance for Needy Families) | Wellcare |
| Medicaid Expansion | Ambetter Health |
| CHIP (Children’s Health Insurance Program) | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In April, Meridian in Michigan secured a contract from the Michigan Department of Health and Human Services to improve healthcare services for Medicaid members in Michigan, the US. |
| 2024 | Contracts/Agreements | In February, Meridian in Michigan partnered with Wayne Mobile Health Unit to improve maternal and infant health and support to deliver preventative health services in neighborhoods, at homes, and in workplaces. |
| 2024 | Contracts/Agreements | In January, NH Healthy Families was selected by the New Hampshire Department of Health and Human Services to offer physical health, behavioral health, and pharmacy services for New Hampshire's Medicaid Care Management. |
Competitor Comparison
| Key Parameters | Centene Corp | UnitedHealth Group Inc | The Cigna Group | Elevance Health Inc | Molina Healthcare Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | St. Louis | Hopkins | Bloomfield | Indianapolis | Long Beach |
| State/Province | Missouri | Minnesota | Connecticut | Indiana | California |
| No. of Employees | 67,700 | 440,000 | 72,500 | 104,900 | 18,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Frederick H. Eppinger | Chairman | Executive Board | 2023 | 65 |
| Sarah M. London | Chief Executive Officer; Director | Executive Board | 2022 | 43 |
| Andrew L. Asher | Executive Vice President; Chief Financial Officer | Senior Management | 2021 | 55 |
| Susan R. Smith | Chief Operating Officer | Senior Management | 2024 | 48 |
| Brian LeClaire | Chief Information Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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