Healthcare Finance News February 6, 2024
For 2023, Centene logged $2.7 billion in profit and $154 billion in revenue, both year-over-year improvements.
The final quarter of 2022 saw Centene pull in $45 million in profit while total revenue hit about $39.5 billion, the company revealed in its latest earnings report.
That’s an improvement over Q4 2022, in which the organization experienced a $213 million loss and $35.6 billion in revenue.
For 2023 as a whole, Centene logged $2.7 billion in profit and $154 billion in revenue, both year-over-year improvements – 2022 saw profits at just $1.2 billion and revenues at $143.2 billion.
CEO Sarah London said the performance is slightly ahead of the company’s previous guidance, giving the company momentum heading into this year.
“Looking ahead,...