Healthcare Finance News February 4, 2025
Centene CEO Sarah London cites headwinds in the quarter, but says Centene shows “significant operational improvements.”
Centene logged $283 million in profit during Q4 2024, marking a sizable increase from the insurer’s Q4 2023 profits of $45 million.
Revenue also increased slightly year-over-year (YOY), from $39.5 billion to $40.8 billion.
For the year, Centene pulled in $3.3 billion in profit – up from $2.7 billion in 2023 – and $163.1 billion in revenue, up from $154 billion the year prior.
Centene CEO Sarah London said there were some headwinds in the quarter, but that the company showed “significant operational improvements” and delivered on its financial commitments.
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