Centene Corporation is a St. Louis, Missouri based multi-line managed care enterprise, and a publicly-traded company. It serves as a major intermediary for both privately-owned and government-sponsored health care insurance programs. As of 2020, it i
Centene Corporation is a St. Louis, Missouri based multi-line managed care enterprise, and a publicly-traded company. It serves as a major intermediary for both privately-owned and government-sponsored health care insurance programs. As of 2020, it is one of the largest Missouri-based publicly traded corporations.
It offers products and services under three segments - state & national solutions, international solutions and whole health solutions. Under "State & National Solutions" it offers Medicare, the health insurance marketplace, federal services, correctional health services and Medicaid. In the "Whole Health Solutions" segment, it offers services pertaining to specialty pharmacy, dental, vision etc. alongside products like Casenet, Interpreta, Community Medical Group, HealthSmart and US Medical Management. For its "International Solutions", it offers health care solutions to citizens of Europe and the United Kingdom.
The company became public in 2001, and in 2003 started to trade in the New York Stock Exchange under the symbol CNC.
It entered the Fortune 500 list in 2010, and as of 2020, was the 42nd company on that list. It is also an S&P 500 component with a workforce of over 69,700 employees. Centene has its operations located in 50 states of the USA and across three international markets.
It was founded in 1984 as Family Hospital Physician Associates, and in 1997 was renamed to Centene Corporation, its current brand name. In its journey of more than three decades, it has acquired several businesses and companies. Some of its notable acquisitions include Cenpatico in 2003, Opticare, US Script, Cardium and an additional nurse triage service in 2006, Celtic Group Inc. in 2008, Health Plans in Ohio and Michigan in 2015 and Health Net in 2016.
Centene has also been acceded and awarded by several prestigious and world-renowned platforms. It has won awards like MHPA best Practice Award, Hermes Creative Award, Decision Plus Platinum Award, Centers for Medicare & Medicaid Services (CMS) Health Equity Award etc. It has joined lists like the 2020 DiversityInc's Top 50 Companies, Human Rights Campaign Foundation's Best Places to Work, Disability Equality Index, Bloomberg's Gender-Equality Index etc.
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