Becker's Healthcare October 30, 2024
From challenging CMS’ Medicare Advantage star ratings to completing the sale of another subsidiary, here are 10 updates on Centene that Becker’s has reported since Sept. 11:
1. Centene reported $713 million in net income in the third quarter.
2. Centene is the latest insurer challenging CMS’ Medicare Advantage star ratings in court.
3. Centene subsidiary Meridian Health Plan of Michigan was one of nine health plans awarded contracts to manage Michigan’s Medicaid program for individuals dually-eligible for Medicare and Medicaid.
4. Centene had the lowest average Medicare Advantage star rating of the 15 largest insurers, according to an analysis from Chartis.
5. Centene completed the sale of Collaborative Health Systems...
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