Centene Corp
NYSE:CNC

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Centene Corp
NYSE:CNC
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Price: 60.335 USD 0.14%
Market Cap: 30.5B USD
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Centene Corp
Investor Relations

Centene Corporation, a titan in the managed care industry, orchestrates its operations with a focus on government-sponsored healthcare programs. Founded in 1984, Centene swiftly carved its niche by administering Medicaid services, a vital safety net for low-income individuals and families in the United States. The company adeptly navigates the complexities of healthcare delivery by partnering with state governments to provide managed healthcare services, ensuring access to quality care while keeping costs in check. Centene's growth strategy hinges on its expansive network, tailored to meet diverse health needs, including those of the medically underserved. Through strategic acquisitions, such as the pivotal purchase of WellCare Health Plans, Centene has bolstered its market position, broadening its reach across all 50 states.

Profiting primarily through capitation arrangements, Centene receives a fixed amount per member from the government in exchange for providing healthcare services. This model incentivizes efficiency and cost containment, as the company retains any cost savings generated. Beyond Medicaid, Centene has diversified its portfolio by delving into Medicare Advantage, Marketplace insurance plans, and international markets, thus ensuring resilience against fluctuations in any single segment. The company's revenue engine is fueled by its ability to strike a balance between quality healthcare delivery and disciplined fiscal management, driven by an insightful understanding of regional healthcare needs and regulatory landscapes. Through this model, Centene not only generates substantial revenue but also strives to positively impact health outcomes, exemplifying its commitment to a mission-driven approach in the ever-evolving healthcare ecosystem.

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Management

Ms. Sarah M. London
CEO & Director
No Bio Available
Mr. Kenneth John Fasola
President
No Bio Available
Mr. Andrew Lynn Asher
Executive VP & CFO
No Bio Available
Mr. Christopher Andrew Koster
Executive VP, General Counsel & Secretary
No Bio Available
Mr. David P. Thomas
CEO of Markets & Medicaid
No Bio Available
Ms. Susan R. Smith
Chief Operating Officer
No Bio Available
Ms. Katie Nicole Casso
Senior VP, Chief Accounting Officer & Corporate Controller
No Bio Available
Mr. Brian Phillip LeClaire M.B.A., Ph.D.
Chief Information Officer
No Bio Available
Ms. Jennifer Lynch Gilligan
Senior Vice President of Investor Relations
No Bio Available
Ms. Ashlee Knuckey
Chief Risk, Ethics & Compliance Officer
No Bio Available

Contacts

Address
MISSOURI
St. Louis
7700 Forsyth Blvd
Contacts
+13147254477.0
www.centene.com