Healthcare Finance News October 31, 2025
A non-cash goodwill impairment charge stemming from declining stock prices contributed to the loss.
Centene saw a net loss of $6.6 billion in Q3 despite slightly outperforming in the quarter, with the loss linked to a $6.7 billion non-cash goodwill impairment charge recorded in the quarter.
The insurer would have posted a small profit were it not for the charge, as it has no effect on cash or operations, officials said during an earnings call this week.
The change was triggered by a combination of the company’s declining stock price and anticipated cuts to federal health programs from the One Big Beautiful Bill Act. Because the charge was non-cash, it didn’t involve an outflow of actual money, but was still...
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