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Stock Market & Financial Investment News

News Breaks
February 3, 2014
06:02 EDTCNCCentene subsidiary awarded Mississippi statewide Medicaid contract
Centene announced that the state of Mississippi has awarded its subsidiary, Magnolia Health Plan, a statewide managed care contract to continue serving members enrolled in the Mississippi Coordinated Access Network program, as one of two contractors. Magnolia has been serving members in the MississippiCAN program since 2011. Under the new contract, Magnolia will continue providing outpatient, behavioral health, pharmacy, vision and dental services, and will also begin providing non-emergency transportation as of July 1. The MississippiCAN program covers the Supplemental Security Income, Foster Care, Breast and Cervical Cancer, Pregnant Women, Children and TANF populations throughout the state of Mississippi.
News For CNC From The Last 14 Days
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October 29, 2014
08:20 EDTCNCCentene price target raised to $112 from $105 at Susquehanna
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October 28, 2014
10:29 EDTCNCCentene management to meet with Oppenheimer
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06:19 EDTCNCCentene backs FY14 EPS view of $4.35-$4.50, consensus $3.83
Sees FY14 Premium and Service Revenues $15.3B-$15.8B.
06:16 EDTCNCCentene reports Q3 EPS $1.34, consensus 96c
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October 27, 2014
06:14 EDTCNCCentene subsidiary recommended for contract award by Louisiana DHH
Centene announced that its wholly-owned Louisiana subsidiary, Louisiana Healthcare Connections, has been recommended for a contract award by the Louisiana Department of Health and Hospitals, or DHH, to serve its Bayou Health, or Medicaid, beneficiaries. A contract is contingent upon successful negotiations with DHH and approval by the Division of Administration and by the Centers for Medicare and Medicaid Services, or CMS, Regional Office. The new Bayou Health contract is expected to commence in early 1Q15. Under the new contract, Louisiana Healthcare Connections expects to serve 320,000-350,000 Medicaid beneficiaries on an at-risk basis via a network of 10,500 primary care providers and specialists. This expansion will more than double annual revenues for Louisiana Healthcare Connections.
October 26, 2014
12:49 EDTCNCCentene announces new claims processing facility
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