Centene Reaffirms Guidance, But Is it Too Late?
Managed care health insurance company Centene Inc. NYSE: CNC recently saw its share rebound after reaffirming its guidance. This move came just after UnitedHealth Group Inc. NYSE: UNH made bearish comments regarding disturbance going forward in Medicaid utilization and pay rates.
Centene CEO says Medicaid redetermination shifted member profile-conference
Health insurer Centene's Chief Executive Sarah London said on Friday that turnover in people enrolled in Medicaid plans had led to a shift in its membership health profile, to patients who were sicker, but stood by its 2024 earnings and cost forecasts.
Centene sees higher-than-expected medical costs in Medicaid
Centene said on Wednesday the health insurer had higher-than-expected claims receipts in April for the first quarter as well as April 2024, indicating continued medical costs in Medicaid.
Centene (CNC) Expands CHS Network, Shifts AcariaHealth Facility
Centene's (CNC) subsidiaries, CHS and AcariaHealth, enhance patient outcomes with CHS' CIPA entering Virginia and AcariaHealth's pharmacy facility relocating to Chesterfield, thereby expanding CNC's capabilities.
Centene (CNC), Cityblock Partner to Enhance Value-Based Care
Centene (CNC) collaborates with Cityblock to provide comprehensive care services to Central Florida's Medicaid members.
3 Cheap Healthcare Stocks to Buy Now: May 2024
With the market rally broadening out, value sectors are beginning to catch a bid. Healthcare deserves consideration as one of the value sectors presenting some bargains in this overheating market.
Why Centene (CNC) is a Top Value Stock for the Long-Term
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
