+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
New

Centene Corp (CNC) - Financial and Strategic SWOT Analysis Review

  • PDF Icon

    SWOT Analysis

  • 66 Pages
  • April 2024
  • GlobalData
  • ID: 4225250
Centene Corp (CNC) - Financial and Strategic SWOT Analysis Review provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. The profile has been compiled by the analyst to bring to you a clear and an unbiased view of the company’s key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.

The profile contains critical company information including:

  • Business description - A detailed description of the company’s operations and business divisions.
  • Corporate strategy - Analyst’s summarization of the company’s business strategy.
  • SWOT Analysis - A detailed analysis of the company’s strengths, weakness, opportunities and threats.
  • Company history - Progression of key events associated with the company.
  • Major products and services - A list of major products, services and brands of the company.
  • Key competitors - A list of key competitors to the company.
  • Key employees - A list of the key executives of the company.
  • Executive biographies - A brief summary of the executives’ employment history.
  • Key operational heads - A list of personnel heading key departments/functions.
  • Important locations and subsidiaries - A list and contact details of key locations and subsidiaries of the company.
  • Detailed financial ratios for the past five years - The latest financial ratios derived from the annual financial statements published by the company with 5 years history.
  • Interim ratios for the last five interim periods - The latest financial ratios derived from the quarterly/semi-annual financial statements published by the company for 5 interims history.

Highlights

Centene Corp (Centene) is a healthcare service provider that offers services to government-sponsored healthcare programs with a focus on underinsured and uninsured individuals. Centene provides health plans through Medicaid, Medicare and Health Insurance Marketplace contracts, and other health solutions through its specialty services companies. It provides a comprehensive range of managed healthcare products and services including Medicaid, the State Children's Health Insurance Program (CHIP), Long Term Care (LTC), Foster Care, dual-eligible individuals (Duals), the Aged, blind or disabled program (ABD), Medicare and Health Insurance Marketplace. The company through its specialty services segment offers dental benefits management, care management software, life and population health management, home-based primary care services, pharmacy benefits management, managed vision, specialty pharmacy, and telehealth services to healthcare organizations, employer groups, state programs, correctional facilities, and other commercial organizations. The company along with its subsidiaries operates across the US. Centene is headquartered in St Louis, Missouri, the US.

The company reported premium revenue of US$135,636 million for the fiscal year ended December 2023 (FY2023), an increase of 6.7% over that in FY2022.

Centene Corp Key Recent Developments

  • Apr 09, 2024: Centene Subsidiary Meridian in Michigan Awarded Michigan Medicaid Contracts
  • Apr 01, 2024: Oklahoma Complete Health Now Serving Soonerselect Members
  • Feb 29, 2024: Delaware First Health Partners with Pyx Health to Tackle Loneliness Epidemic
  • Feb 15, 2024: Meridian in Michigan and the Centene Foundation Announce $1.1 Million Grant to Wayne Mobile Health Unit

Key benefits of buying this profile include:

You get detailed information about the company and its operations to identify potential customers and suppliers.
  • The profile analyzes the company’s business structure, operations, major products and services, prospects, locations and subsidiaries, key executives and their biographies and key competitors.
Understand and respond to your competitors’ business structure and strategies, and capitalize on their weaknesses. Stay up to date on the major developments affecting the company.
  • The company’s core strengths and weaknesses and areas of development or decline are analyzed and presented in the profile objectively. Recent developments in the company covered in the profile help you track important events.
Equip yourself with information that enables you to sharpen your strategies and transform your operations profitably.
  • Opportunities that the company can explore and exploit are sized up and its growth potential assessed in the profile. Competitive and/or technological threats are highlighted.
Scout for potential investments and acquisition targets, with detailed insight into the companies’ strategic, financial and operational performance.
  • Financial ratio presented for major public companies in the profile include the revenue trends, profitability, growth, margins and returns, liquidity and leverage, financial position and efficiency ratios.
Gain key insights into the company for academic or business research.
  • Key elements such as SWOT analysis, corporate strategy and financial ratios and charts are incorporated in the profile to assist your academic or business research needs.

Note: Some sections may be missing if data is unavailable for the company

Table of Contents

Section 1 - About the Company
  • Centene Corp - Key Facts
  • Centene Corp - Key Employees
  • Centene Corp - Key Employee Biographies
  • Centene Corp - Major Products and Services
  • Centene Corp - History
  • Centene Corp - Company Statement
  • Centene Corp - Locations And Subsidiaries
  • Head Office
  • Other Locations & Subsidiaries
  • Joint Venture
Section 2 - Company Analysis
  • Company Overview
  • Centene Corp - Business Description
  • Business Segment: Commercial
  • Overview
  • Performance
  • Key Stats
  • Business Segment: Medicaid
  • Overview
  • Performance
  • Key Stats
  • Business Segment: Medicare
  • Overview
  • Performance
  • Key Stats
  • Business Segment: Other
  • Overview
  • Performance
  • Centene Corp - Corporate Strategy
  • Centene Corp - SWOT Analysis
  • SWOT Analysis - Overview
  • Centene Corp - Strengths
  • Centene Corp - Weaknesses
  • Centene Corp - Opportunities
  • Centene Corp - Threats
  • Centene Corp - Key Competitors
Section 3 - Company Financial Ratios
  • Financial Ratios - Capital Market Ratios
  • Financial Ratios - Annual Ratios
  • Performance Chart
  • Financial Performance
  • Financial Ratios - Interim Ratios
  • Financial Ratios - Ratio Charts
  • Centene Corp, Recent Deals Summary
Section 4 - Company’s Recent Developments
  • Apr 09, 2024: Centene Subsidiary Meridian in Michigan Awarded Michigan Medicaid Contracts
  • Apr 01, 2024: Oklahoma Complete Health Now Serving Soonerselect Members
  • Feb 29, 2024: Delaware First Health Partners with Pyx Health to Tackle Loneliness Epidemic
  • Feb 15, 2024: Meridian in Michigan and the Centene Foundation Announce $1.1 Million Grant to Wayne Mobile Health Unit
  • Feb 06, 2024: Centene Corp Reports 2023 Results
  • Feb 01, 2024: Sunflower Health Plan and Centene Foundation Announce $390,000 Grant to LADD Smart Living
  • Feb 01, 2024: Oklahoma Complete Health SoonerSelect Open Enrollment Begins
  • Jan 31, 2024: Centene Named to Fortune 2024 List of the World’s Most Admired Companies
  • Jan 22, 2024: Centene Announces Appointment of Michael A. Carson as President and Chief Executive Officer of Its Medicare Business
  • Jan 18, 2024: Centene Subsidiary NH Healthy Families Awarded Statewide Medicaid Contract
Section 5 - Appendix
  • Methodology
  • Ratio Definitions
  • About the Publisher
  • Contact the Publisher
  • Disclaimer
List of Tables
  • Centene Corp, Key Facts
  • Centene Corp, Key Employees
  • Centene Corp, Key Employee Biographies
  • Centene Corp, Major Products and Services
  • Centene Corp, History
  • Centene Corp, Subsidiaries
  • Centene Corp, Joint Venture
  • Centene Corp, Key Competitors
  • Centene Corp, Ratios based on current share price
  • Centene Corp, Annual Ratios
  • Centene Corp, Annual Ratios (Cont...1)
  • Centene Corp, Annual Ratios (Cont...2)
  • Centene Corp, Interim Ratios
  • Centene Corp, Recent Deals Summary
  • Currency Codes
  • Capital Market Ratios
  • Equity Ratios
  • Profitability Ratios
  • Cost Ratios
  • Liquidity Ratios
  • Leverage Ratios
  • Efficiency Ratios
List of Figures
  • Centene Corp, Performance Chart (2019 - 2023)
  • Centene Corp, Ratio Charts

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • The Cigna Group
  • UnitedHealth Group Inc
  • Molina Healthcare Inc
  • Aetna Inc
  • Elevance Health Inc
  • Cigna Corp
  • UnitedHealth Group Inc
  • Aetna Inc
  • Elevance Health Inc
  • Molina Healthcare Inc