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Centene (CNC)

Centene Corporation, a Fortune 50 company, is a leading multi-national healthcare enterprise that is committed to helping people live healthier lives. The Company takes a local approach – with local brands and local teams – to provide fully integrated, high-quality, and cost-effective services to government-sponsored and commercial healthcare programs, focusing on under-insured and uninsured individuals. Centene offers affordable and high-quality products to nearly 1 in 15 individuals across the nation, including Medicaid and Medicare members (including Medicare Prescription Drug Plans) as well as individuals and families served by the Health Insurance Marketplace, the TRICARE program, and individuals in correctional facilities. The Company also serves several international markets, and contracts with other healthcare and commercial organizations to provide a variety of specialty services focused on treating the whole person. Centene focuses on long-term growth and the development of its people, systems and capabilities so that it can better serve its members, providers, local communities, and government partners.

Company profile

Ticker
CNC
Exchange
Website
CEO
Michael Neidorff
Employees
Incorporated
Location
Fiscal year end
SEC CIK
Subsidiaries
Absolute Total Care, Inc. • AcariaHealth Pharmacy #11, Inc. • AcariaHealth Pharmacy #12, Inc. • AcariaHealth Pharmacy #13, Inc. • AcariaHealth Pharmacy #14, Inc. • AcariaHealth Pharmacy #26, Inc. • AcariaHealth Pharmacy, Inc. • AcariaHealth Solutions, Inc. • AcariaHealth, Inc. • Access Medical Acquisition, LLC ...
IRS number
41406317

CNC stock data

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

25 Jul 22
28 Sep 22
31 Dec 22
Quarter (USD) Jun 22 Mar 22 Dec 21 Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Dec 20 Dec 19 Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 13.58B 13.58B 13.58B 13.58B 13.58B 13.58B
Cash burn (monthly) (no burn) (no burn) 78.67M (no burn) (no burn) (no burn)
Cash used (since last report) n/a n/a 232.22M n/a n/a n/a
Cash remaining n/a n/a 13.35B n/a n/a n/a
Runway (months of cash) n/a n/a 169.7 n/a n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
16 Sep 22 Colin A Toney Phantom Stock Common Stock Grant Acquire A No No 86 29.181 2.51K 456.254
16 Sep 22 Brooks Mark J Phantom Stock Common Stock Grant Acquire A No No 86 18.448 1.59K 2,332.399
14 Sep 22 Sarah London Common Stock Payment of exercise Dispose F No No 90.03 3,835 345.27K 321,636
2 Sep 22 Colin A Toney Phantom Stock Common Stock Grant Acquire A No No 91.24 27.506 2.51K 427.073
2 Sep 22 Brooks Mark J Phantom Stock Common Stock Grant Acquire A No No 91.24 17.388 1.59K 2,313.951
13F holders Current Prev Q Change
Total holders 0 0
Opened positions 0 0
Closed positions 0 0
Increased positions 0 0
Reduced positions 0 0
13F shares Current Prev Q Change
Total value 0 0
Total shares 0 0
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners Shares Value Change
Largest transactions Shares Bought/sold Change

Financial report summary

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Management Discussion
  • •Managed care membership of 26.4 million, an increase of 1.8 million members, or 7% year-over-year.
  • •Total revenues of $35.9 billion, representing 16% growth year-over-year.
  • •Premium and service revenues of $34.0 billion, representing 18% growth year-over-year.

Content analysis

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Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
New words: AAA, abandoned, Biden, broker, capture, discretion, downsize, downsizing, drawn, eAPTC, factor, glitch, HealthNet, MagellanRx, MO, PHE, Pro, promote, provisional, reclassification, recoverability, rental, Rx, space, specialist, undertook, vacated, withholding
Removed: AA, complex, delay, finalized, monitor, volatility