Centene Corporation Reports 2020 Results 2020 Full Year Diluted EPS of $3.12; Adjusted Diluted EPS of $5.00
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ST. LOUIS, Feb. 9, 2021 /PRNewswire/ Centene Corporation (NYSE: CNC) announced today its financial results for the fourth quarter and year ended December 31, 2020, reporting diluted (loss) earnings per share (EPS) of $(0.02) and $3.12, respectively, and Adjusted diluted EPS of $0.46 and $5.00, respectively.
In summary, the 2020 fourth quarter and full year results were as follows:
2020 Results
(1)
$
$
5,503
(1) A full reconciliation of the Adjusted SG&A expense ratio and Adjusted diluted EPS are shown on page seven of this release. 2020 was a year when Centene demonstrated the strength of our diversified enterprise and our operational excellence as we delivered strong top- and bottom line growth while supporting all our stakeholders. said Michael F. Neidorff, Chairman, President and Chief Executive O
Oklahoma Complete Health Appoints Clay Franklin as Chief Executive Officer
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OKLAHOMA CITY, Feb. 4, 2021 /PRNewswire/ Oklahoma Complete Health, a wholly-owned subsidiary of Centene Corporation, today announced the appointment of Clay Franklin as Plan President and Chief Executive Officer. Mr. Franklin will lead the plan, which was recently selected to provide managed care for the SoonerSelect and SoonerSelect Specialty Children s Plan programs that will commence in mid-to-late fall. As a lifelong Oklahoman and committed member of our local medical community, I am thrilled to lead Oklahoma Complete Health as we partner with the Oklahoma Health Care Authority to improve health outcomes for Oklahomans, said Mr. Franklin. We believe that healthcare is best delivered locally, and in the coming months we plan to hire over 500 local staff in Tulsa and Oklahoma City to help us deliver focused, compassionate, and coordinated care
Centene Selected For Statewide Medicaid Contract And Statewide Specialty Children s Plan Contract In Oklahoma Font : A-A+ ST. LOUIS, Feb. 1, 2021 /PRNewswire/ Centene Corporation (NYSE: CNC) announced today that its Oklahoma subsidiary, Oklahoma Complete Health, has been selected by the Oklahoma Health Care Authority (OHCA) for statewide contracts to provide managed care for the SoonerSelect and SoonerSelect Specialty Children s Plan (SCP) programs. We look forward to working with the state of Oklahoma in their transition to value-based care models by providing services that address the social determinants of health, remove barriers to treatment, and deliver better health outcomes for Oklahoma residents at a lower cost to the state, said Brent Layton, Executive Vice President, Markets, Products, International, and Chief Business Development Officer of Centene. Oklahoma Complete Health will be a local partner to the OHCA and hire from within the communities we serve, a
Oklahoma Complete Health Selected For Statewide SoonerSelect and SoonerSelect Specialty Care Plan
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OKLAHOMA CITY, Jan. 29, 2021 /PRNewswire/ Oklahoma Complete Health today announced that it has been selected for a statewide contract by the Oklahoma Health Care Authority (OHCA) to provide managed care for the SoonerSelect and SoonerSelect Specialty Children s Plan (SCP) programs.
The SoonerSelect program provides physical and behavioral healthcare as well as pharmacy benefits to over 550,000 Oklahoma Medicaid recipients, with an estimated 200,000 additional Oklahomans gaining coverage through Medicaid expansion in July 2021. We are thrilled to be working with the state of Oklahoma, and our Oklahoma providers and partners, on the state s transition to value-based care, and to help provide quality health care through Oklahoma s new SoonerSelect program for Medicaid beneficiaries, said Brent Layton, Executive Vice President