Centene announced Oct. 26 that it will begin using a third-party pharmacy benefits manager for its $30 billion in annual spending — a move that CFO Drew Asher said will be “a huge opportunity for an ...

Health insurer Centene reported first quarter net income of $1.5 billion despite a 2 million enrollee drop in Obamacare enrollment.

Major insurer Centene said Thursday it will consolidate all of its Medicare Advantage brands under its wholly-owned subsidiary, WellCare. Centene acquired WellCare Health Plans in January 2020 for ...

Centene reported fourth quarter profits of $45 million as membership and premium revenue grew thanks to a big increase in sales of Obamacare coverage, the health insurer said Tuesday. Centene, which ...

(Reuters) -Centene Corp said on Tuesday it would save on costs following the selection of a new pharmacy benefits manager after a bidding process, lifting the health insurer's shares nearly 10% in ...

Centene’s business is still impacted by Medicaid redeterminations, a process that began in early 2023, the company said during the Wells Fargo Healthcare Conference. The insurer’s stock price dropped ...

Centene, one of the largest health insurers in the U.S., agreed to pay $33 million to settle allegations that its pharmacy benefits subsidiary overcharged the Washington state Medicaid program, the ...

Here are 20 things to know about Centene, the largest Medicaid managed care organization in the country. 1. Centene was founded in Milwaukee as a nonprofit Medicaid plan in 1984. The plan’s original ...

Centene Balances Tough 2025 With Clear Path to 2026 Earnings Rebound The tone of Centene’s latest earnings call was cautiously optimistic: management was frank about a difficult 2025 marked by ...

Centene said it expects lose 2.2 million Medicaid members as federal protections that shielded millions from losing health insurance during the COVID-19 pandemic end. The nation’s largest Medicaid ...