CNC
$34.98+0.22 (+0.63%)
Centene Corporation operates as a managed care company that provides programs and services to under-insured families, and commercial organizations in the United States.
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Fundamentals
Centene Corporation operates as a managed care company that provides programs and services to under-insured families, and commercial organizations in the United States. It operates through four segments: Medicaid, Medicare, Commercial, and Other. The...
Recent News
Centene Confronts ACA Membership Slide And Tests AI Driven Cost Controls
Centene CEO Sarah London highlighted a sharp decline in Affordable Care Act marketplace membership at the Barclays Healthcare Conference. The company is dealing with operational pressures tied to reduced Medicaid and ACA enrollments. AI tools are becoming a key part of Centene’s discussions with hospitals over suspected improper reimbursement practices. For investors watching NYSE:CNC, these membership and enrollment pressures come on top of a weak share price backdrop. Centene closed at...
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US insurers and hospitals turn to new AI for age-old battle over charges vs payments
March 12 (Reuters) - Artificial intelligence is being deployed on both sides of the tug-of-war between U. healthcare systems that want to be paid more for medical procedures and insurers who want proof the services were necessary, and experts are having a hard time predicting a winner.