Centene Corp
Centene Corp
Sector: Healthcare
Description
Centene Corporation is a multinational firm that deals with various healthcare program, including commercial and government.
The American firm provides multi-line healthcare solutions worldwide. It operates under two segments: Medicare and Specialty Services. The Medicare segment deals with various Medicare and Medicaid health plans, nurse triage and related treatment compliances.
The company reportedly provides the following services under diversified health plans:
• Postpartum and prenatal
• Transportation assistance
• Specialty physician care
• Urgent and emergency care
• Outpatient and inpatient hospital care
• Primary physician care
• X-Ray services
• Telehealth Services
• Dental and vision care
• Immunizations
• Limited OTC drugs and prescriptions
Its stocks are publicly traded on the New York Stock Exchange under ‘CNC’ as ticker.
It also deals in specialty pharmacy, pharmacy benefit management (PBM), dental care solution, vision plan services etc. The Specialty segment reportedly focuses how to improve outcomes and care for the clients and patients. The PBM and specialty pharmacy service aims to maximize the health of individual and reduce pharmacy spending.
The Missouri-based healthcare firm was founded in 1984 by a former hospital bookkeeper named Elizabeth “Betty” Brinn. The company then operated from the basement of a family hospital situated in Milwaukee. In 2001, it was reincorporated as a publicly listed firm in Delaware.
The healthcare solutions provider provides affordable dental care and related, and vision care services like affordable eyewear, contacts, frames and prescription lenses.
The company has Interprets, an analytics engine, which reportedly helps it to interpret, synchronize and update geometric and clinical data. It further claims to provide scalable and customizable smart health solutions to brokers, payers, and employees and aids in reducing health care costs and management.
The US-based firm operates through various subsidiaries such as WellCare, Superior HealthPlan, Health Net, LLC, Apixio Inc, OB Care, NH Health families, Iowa Total Care, Nebraska Total Care, and Pro Diagnostic Group. It claims to serve around 25 million managed care members.
The firm and its subsidiaries provide integrated health care management solutions to address members in their physical, long-term health and behavioral requirements.
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