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News Breaks | | | | April 9, 2012 | | 17:16 EDT |  | CNC | Centene says absent a successful appeal will see material impairment in FY12
This announcement is not expected to impact 2012 Premium and Service revenues from Buckeye Community Health Plan. However, as result of this event, Centene will conduct a test for recoverability of the assets of Buckeye Community Health Plan including goodwill and intangible assets and expects that, absent a successful appeal, a material non-cash impairment charge will be recorded in its 2012 consolidated statement of operations for the year ended December 31, 2012. As of December 31, 2011, Buckeye Community Health Plan had goodwill and net intangible assets of approximately $42.9M. | |
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| May 10, 2013 | | 08:02 EDT |  | CNC | Centene to receive California Medi-Cal contract
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