| Type | Public (NYSE: CNC) |
|---|---|
| Industry | Healthcare |
| Headquarters | Clayton, Missouri, U.S. |
| Website | http://www.centene.com/ |
Centene Corporation (NYSE: CNC) is in the industry of Medicaid managed care.
Centene is a multi-line health care enterprise operating primarily in two segments: Medicaid managed care and specialty services. The government services Medicaid managed care segment provides Medicaid and Medicaid-related health plan coverage to individuals through government subsidized programs, including Medicaid, the State Children's Health Insurance Program (SCHIP), and Supplemental Security Income (SSI).
The company operates health plans in Illinois, Georgia, Indiana, Massachusetts, Florida, Ohio, Texas, Mississippi, South Carolina, Wisconsin, and Kentucky (Kentucky Spirit Health Plan). Centene also provides specialty services, including behavioral health plans, life and health management, long-term care programs, managed vision, nurse triage, pharmacy benefits management and treatment compliance, to its own subsidiaries on market-based terms as well as to state programs, commercial organizations, and other health care organizations.
Centene's health plans and care coordination programs are designed specifically for the Medicaid population.
The company is headquartered in the St. Louis, Missouri, suburb of Clayton. In 2006, it announced plans to relocate to Downtown St. Louis to the site of the former Busch Memorial Stadium to be part of the St. Louis Ballpark Village owned by the St. Louis Cardinals,[1] but in March 2008, Centene backed out of the project.[2] In 2009, Centene began construction on a new headquarters located next to its current offices in Clayton. The site includes a tower with 520,000 square feet (48,000 m2) of office space.[3] Centene also operates claims processing centers in Great Falls, Montana and Farmington, Missouri.
Members of the Board of Directors are:
MICHAEL F. NEIDORFF Chairman, President and CEO, Centene Corporation
STEVE BARTLETT President and CEO, The Financial Services Roundtable
ROBERT K. DITMORE Former President and COO, UnitedHealthcare Corporation
FREDERICK H. EPPINGER President and CEO, The Hanover Insurance Group, Inc.
DICK GEPHARDT Chief Executive Officer of Gephardt and Associates Former Majority Leader of the U.S. House of Representatives
PAMELA A. JOSEPH Vice Chairman, U.S. bancorp
JOHN R. ROBERTS Retired Regional Managing Partner, Arthur Andersen, LLP
DAVID STEWARD Chairman of the Board, World Wide Technology, Inc.
TOMMY THOMPSON Former Health & Human Services Secretary & Former Governor of Wisconsin
Contents |
| TANF | SCHIP | SSI | |
|---|---|---|---|
| Average Age of Population | 14 | School-Aged Children | People with Disabilities |
| % of Children | 74% | 95% | 20% |
| Provider Networks | Specialized, Inner City | Broad, Primary Care, Pediatrics | Specialists |
| High Cost/Utilization Areas | Premature Birth, Asthma | Prescription Drugs | Disabilities, AIDS, Chronic Diseases, Mental Illness |
| Selling Expense | Low | Low | Low |