Centene Corp (CNC) 68.62 $CNC Medicaid Market Heats Up,

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Centene Corp (CNC) 68.62 $CNC

Medicaid Market Heats Up, Consolidation Drives Growth Among Leading Insurers, AIS Research Shows
PRWeb - Thu Sep 01, 5:04AM CDT
The top 10 Medicaid insurers in the U.S. represent 57% of the managed Medicaid market, according to research in the Atlantic Information Services, Inc.'s (AIS) recently released Medicare and Medicaid Market Data -- a number that's sure to keep growing amid industry consolidations. Four of the top 10 companies have been involved with mergers and acquisitions that would allow them to scoop up even more of the market, AIS research shows. While the proposed merger of Anthem Inc. and Cigna Corp. -- currently being contested by the Department of Justice (DOJ) -- would not add significant Medicaid lives to Anthem, Aetna could stand to gain more than 400,000 Medicaid lives if its proposed merger with Humana survives its own DOJ lawsuit, according to AIS.
CNC: 68.62 (+1.28), ANTM: 124.24 (+0.88), HNT: 67.19 (+2.38)

Centene's Pennsylvania Subsidiary Awarded Statewide Community HealthChoices Managed Care Agreement
PR Newswire - Tue Aug 30, 3:09PM CDT
Centene Corporation (NYSE: CNC) announced today that its Pennsylvania subsidiary, Pennsylvania Health & Wellness, has been selected by the departments of Human Services (DHS) and Aging to serve enrollees in the Community HealthChoices program statewide, pending regulatory approval and successful completion of readiness review.
CNC: 68.62 (+1.28)

Centene Corporation To Present At Morgan Stanley Global Healthcare Conference
PR Newswire - Tue Aug 30, 7:00AM CDT
Centene Corporation (NYSE: CNC) announced today it will present at the Morgan Stanley Global Healthcare Conference, to be held September 12-14, 2016, at the Grand Hyatt Hotel in New York City.
CNC: 68.62 (+1.28), MS: 31.89 (-0.02)

Health Net Offers Assistance for California Fire Victims and Evacuees
BusinessWire - Mon Aug 22, 1:55PM CDT
Health Net, Inc. is helping ensure that its members who have lost their homes or been evacuated due to major wildfires in three counties have access to essential prescription medications, critical Health Net information and other services to help them cope with grief, loss, stress or trauma.
CNC: 68.62 (+1.28)

U.S. Medical Management, and its Affiliate Visiting Physicians Association, Improve Health and Reduce Costs for the Frail Elderly under the CMS Independence at Home Demonstration - for Second Year
PR Newswire - Thu Aug 18, 7:00AM CDT
The Centers for Medicare and Medicaid Services (CMS) announced that in the second year of the five-year Independence at Home (IAH) Demonstration, U.S. Medical Management (USMM) and its affiliate Visiting Physicians Association (VPA) achieved significant improvements in quality of patient care, while significantly reducing overall healthcare costs for homebound elderly patients with complex, chronic conditions.
CNC: 68.62 (+1.28)

Centene Falls 1.63% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Wed Aug 17, 1:55PM CDT
Centene (NYSE:CNC) traded in a range yesterday that spanned from a low of $68.00 to a high of $69.49. Yesterday, the shares fell 1.6%, which took the trading range below the 3-day low of $69.17 on volume of 665,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
CNC: 68.62 (+1.28)

Centene's Subsidiary, Health Net, Announces Settlement Regarding Employee Severance Agreements
PR Newswire - Tue Aug 16, 3:58PM CDT
Centene Corporation (NYSE: CNC) announced today that its wholly-owned subsidiary, Health Net, Inc. (Health Net), entered into an agreement with the Securities and Exchange Commission (the "SEC", to resolve allegations of Health Net violations related to Rule 21F-17 of the Securities Exchange Act (the Dodd Frank Whistleblower Rule) in connection with severance agreements. These alleged issues occurred prior to the acquisition of Health Net by Centene. Health Net is no longer an SEC-reporting entity. Centene was not a party to these issues.
CNC: 68.62 (+1.28), HNT: 67.19 (+2.38)

ATAC Applauds California Substance Use Treatment Centers for Filing Legal Action Against Health Net
BusinessWire - Tue Aug 16, 12:11PM CDT
The Addiction Treatment Advocacy Coalition (ATAC) applauds the bold action taken by multiple substance use treatment centers in California, as well as in Arizona, who have been forced to invoke the judicial process to advocate on behalf of the 21.5 million people who suffer from substance use disorder.
CNC: 68.62 (+1.28)

Look for Shares of Centene to Potentially Rebound after Yesterday's 1.11% Sell Off
Comtex SmarTrend(R) - Thu Aug 11, 2:18PM CDT
Centene (NYSE:CNC) traded in a range yesterday that spanned from a low of $69.22 to a high of $70.28. Yesterday, the shares fell 1.1%, which took the trading range below the 3-day low of $69.73 on volume of 417,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
CNC: 68.62 (+1.28)

Sunshine Health's Medical Director Appointed to Serve on the Florida Telehealth Advisory Council
PR Newswire - Mon Aug 08, 6:00AM CDT
Sunshine Health, a subsidiary of Centene Corporation, is pleased to announce the appointment of Ernest Bertha, M.D., Medical Director for Sunshine Health to the Florida Telehealth Advisory Council created in Florida House Bill 7087 and signed into law by Governor Rick Scott in 2016.
CNC: 68.62 (+1.28)

Watch for Centene to Potentially Pullback After Gaining 4.37% Yesterday
Comtex SmarTrend(R) - Wed Aug 03, 12:32PM CDT
Centene (NYSE:CNC) traded in a range yesterday that spanned from a low of $68.55 to a high of $72.59. Yesterday, the shares gained 4.4%, which took the trading range above the 3-day high of $70.91 on volume of 2.0 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
CNC: 68.62 (+1.28)

Benz Communications Turns 10, Celebrates With Insights From Industry Leaders Interview Series
Marketwire Canada - Wed Aug 03, 10:15AM CDT
SAN FRANCISCO, CA--(Marketwired - Aug 3, 2016) - In celebration of its first decade, Benz Communications has launched Insights from Industry Leaders, an interview series in which employee benefits professionals and thought leaders share their history, and perspectives and outlook on the rapidly changing benefits industry. Benz Communications is a communications and marketing agency focused solely, purposely and passionately on employee benefits.
CNC: 68.62 (+1.28), PAYX: 61.12 (+0.13), AXP: 65.19 (+0.33)

Sunshine Health Announces New State Legislative and Government Affairs Team
PR Newswire - Wed Aug 03, 6:00AM CDT
Sunshine Health, a subsidiary of Centene Corporation, welcomes two new executives to its team to lead state government affairs in Tallahassee. Tamela I. Perdue and Joshua Spagnola assumed leadership of the government relations function for the company in July. Both have extensive experience in state government and regulatory affairs and share a commitment to ensuring healthcare quality and coordinated care for health plan members.
CNC: 68.62 (+1.28)

Aetna (AET) Tops Q2 Earnings & Revenues, Guides for 2016
Zacks Equity Research - Zacks Investment Research - Tue Aug 02, 9:43AM CDT
Aetna's (AET) earnings upside was driven by higher fees and other revenue in Aetna's Health Care segment and lower in general and administrative expenses.
CNC: 68.62 (+1.28), ANTM: 124.24 (+0.88), UNH: 136.61 (+0.87), AET: 116.73 (+0.57)

Cigna (CI) Narrows 2016 Guidance After Q2 Earnings Miss
Zacks Equity Research - Zacks Investment Research - Fri Jul 29, 10:18AM CDT
Cigna (CI) missed the estimates due to poor performance from its Global Disability and Life segment.
CNC: 68.62 (+1.28), CI: 128.18 (+0.54), ANTM: 124.24 (+0.88), UNH: 136.61 (+0.87)

Is Centene Corp. (CNC) a Great Growth Stock?
Zacks Equity Research - Zacks Investment Research - Thu Jul 28, 7:43AM CDT
Centene Corp. can captivate investors' attention and produce gains, being well positioned for future earnings growth
CNC: 68.62 (+1.28)

U.S. Health Insurers Offer Safety Amid Volatility
Zacks Equity Research - Zacks Investment Research - Tue Jun 21, 4:43PM CDT
U.S. Health Insurers Offer Safety Amid Volatility
CI: 128.18 (+0.54), CNC: 68.62 (+1.28), ANTM: 124.24 (+0.88), UNH: 136.61 (+0.87), WCG: 114.28 (+1.58), AET: 116.73 (+0.57), MOH: 55.33 (+1.79), HUM: 177.33 (+0.80)

Health Insurance Industry Outlook - June 2016
Zacks Equity Research - Zacks Investment Research - Mon Jun 20, 3:13PM CDT
Health Insurance Industry Outlook - June 2016
CI: 128.18 (+0.54), CNC: 68.62 (+1.28), ANTM: 124.24 (+0.88), UNH: 136.61 (+0.87), WCG: 114.28 (+1.58), AET: 116.73 (+0.57), HUM: 177.33 (+0.80)

Centene's Indiana Subsidiary Selected for Healthy Indiana Plan and Hoosier Healthwise Contract
PR Newswire - Wed Jun 15, 7:00AM CDT
Centene Corporation (NYSE: CNC) announced today that its wholly-owned Indiana subsidiary, Managed Health Services (MHS), has been selected to begin contract negotiations with the Indiana Family & Social Services Administration to provide risk-based managed care services for enrollees in the Healthy Indiana Plan and Hoosier Healthwise programs. The new contract is expected to commence on January 1, 2017.
CNC: 68.62 (+1.28)

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