Centene Corporation

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Description

Centene Corporation: Leveraging Dual Eligibles in Medicare and Medicaid 

 

Centene Corporation reported its first quarter 2024 results, highlighting several positive developments and strategic maneuvers aimed at sustaining and enhancing its business operations. The company achieved a higher-than-expected adjusted EPS of $2.26, prompting an upward revision in its full-year 2024 EPS guidance to over $6.80. This performance signals a robust start to the year, attributed partly to significant operational improvements and strategic realignments. On the operational front, Centene’s successful automation of prior authorization processes has streamlined member services by speeding up authorization decisions. This enhancement not only benefits members by ensuring quicker access to necessary care but also reduces operational friction, providing a smoother process for providers. Moreover, the company’s high readiness scores in Oklahoma and its prompt and effective response to the Change Healthcare cybersecurity incident underscore its operational agility and commitment to maintaining service quality despite unforeseen challenges.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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