CNC - Centene Corp

Company Overview

Name

Centene Corp

Tickers

CNC

Exchanges

NYSE

Employees

67700

Founded

1984

Sector Information

Other Information

CIK

1071739

Category

Large accelerated filer

1-Line Summary

Centene Corporation is a leading government-sponsored healthcare provider serving Medicaid and Medicare populations.

Company summary

Centene Corporation is a prominent provider of government-sponsored healthcare in the United States, focusing on Medicaid and Medicare services. With a mission to improve community health, Centene caters to various populations, including low-income families and individuals with complex medical needs, by providing tailored health solutions through a local approach. Their operations are divided into four main segments: Medicaid, Medicare, Commercial, and Other services, which collectively support millions of members across the nation.

In terms of business model, Centene operates primarily through managed care organizations (MCOs), delivering a wide range of products and services to ensure access to quality healthcare. The company serves approximately 27.5 million members, generating significant revenue from both government and commercial contracts. The business strategy relies heavily on local partnerships, data-driven initiatives, and a strong emphasis on improving healthcare outcomes and member experiences. This strategic approach not only positions Centene as a leader in the healthcare market but also supports their goal of transforming the health of the communities they serve.

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