Centene to lay off 3% of total workforce in 'rightsizing' of cost structure healthcarefinancenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from healthcarefinancenews.com Daily Mail and Mail on Sunday newspapers.
Medicare Advantage and Part D Star Ratings declined this year, and while that was expected, the poor showing by Centene was somewhat of a surprise, with Executive Vice President and Chief Financial Officer Andrew Asher saying during a recent earnings call that the company "has a lot of work" to do to change the star ratings around. Only four plans received a low 2-star rating,
By Raghav Mahobe and Nandhini Srinivasan (Reuters) -Centene Corp on Tuesday said profit at its fast-growing Medicare Advantage (MA) business will take a beating in 2024 due to a sharp cut in its rating by