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The Latest Breaking News from Centene Corp

Republican Representative Tim Moore Loads Up On Leveraged Small-Cap Bets Against US Economy: Here Are His Latest Trades

Rep. Tim Moore (R-N.C.), a Republican member of the House Financial Services Committee, has made significant leveraged bets against U.S. small-cap stocks, according to recent financial disclosures.

Benzinga

This Republican Lawmaker Sold Shares In Centene Days Before Advancing Trump's 'Big, Beautiful Bill' With Medicaid Cuts: Report

A Republican lawmaker is facing scrutiny after selling shares in Medicaid provider Centene Corp. (NYSE:CNC) just days before voting to advance legislation that included significant cuts to Medicaid.

Benzinga

Centene Stock Hit A New 52-Week Low Today: What's Going On?

Shares of Centene Corp (NYSE:CNC) are trading lower on Thursday, hitting a new 52-week low, as worsening news from a key competitor intensified investor fears about the profitability of government-sponsored health plans.

Benzinga

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Centene (CNC) Stock's Historic Drop: What Investors Need To Know

Shares of Centene Corp (NYSE:CNC) are experiencing a historic collapse this week, with Wednesday marking the worst single-day performance in the company’s history after it abruptly withdrew its 2025 financial outlook. The announcement sent shockwaves through the health insurance sector, triggering a widespread sell-off.

Benzinga

Jim Cramer On Centene's 40% Crash: Fewer ACA Signups, Sicker Patients, Pulled Guidance And Major Earnings Hit Trigger Selloff: 'This Is Horrifying'

Shares of managed care provider Centene Corp. (NYSE:CNC) dropped over 40% on Wednesday, marking the worst single-day performance in the company's history.

Benzinga

Centene Corporation’s Profits Heavily In Healthcare On Their Second Quarter Profits

The company reported a quarterly revenue of $33.71 billion and a net profit of $1.06 billion in their latest earnings release

Zenger

Centene Corp. settles for $215 million on California Medicaid overbilling accusations

More than 20 states are investigating or have investigated Centene’s Medicaid pharmacy billing. The company also has agreed to pay settlements to at least 16 other states, including Illinois and Indiana.

Chicago Sun-Times

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Illinois Medicaid contractor Centene Corp. under federal scrutiny over foster kids’ medical care

An Illinois Answers Project investigation found that the insurance giant fell short in providing basic care. Now, federal officials want answers from state agencies overseeing the program.

Chicago Sun-Times

Top Illinois Medicaid contractor Centene Corp. failed foster kids with ‘unacceptable’ medical care

A nearly $370 million contract promised to improve health care for state wards. But, for two years, Centene’s YouthCare program fell short on basic care, leaving foster parents scrambling.

Chicago Sun-Times

Centene to pay $166 million to Texas in Medicaid drug pricing settlement

Health insurance giant Centene Corp. has agreed to pay $165.6 million to Texas to resolve claims that it overcharged the state’s Medicaid program for pharmacy services.

Tribune News Service

Centene Lifts FY22 Guidance On Higher Medicaid Premiums; Increases Share Buyback

Ahead of its investor day, Centene Corp (NYSE:CNC) increased its Premium and Service Revenues FY22 guidance range by $2.0 billion to $134.3 billion - $136.3 billion. The company also increased adjusted EPS guidance by $0.15 to $5.55 - $5.70 vs. the consensus of $5.49. The company's 2022 financial guidance has been updated to…

Benzinga

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