1. Centene ranked 26th on this year’s Fortune 500 list, released May 23.
2. Centene’s Sarah London, 41, is the fifth-youngest CEO of a Fortune 500 company.
3. Centene announced April 26 that it’s updating its leadership structure. Here’s a closer look at Centene’s new office of the CEO.
4. Centene’s Missouri subsidiary, Home State Health, will be the sole provider of a specialty plan under the state’s Medicaid program that serves about 40,000 foster children and children receiving adoption subsidy assistance, according to a May 6 company news release.
5. Centene had the largest year-over-year percentage increase in revenue among the nation’s largest payers in first quarter earnings.
6. The payer was named one of the the top 50 companies for diversity in 2022, according to DiversityInc.
7. The company signed a definitive agreement to sell Magellan Rx and Pantherx Rare in two separate deals totaling $2.8 billion. Centene intends to use the proceeds to repurchase stock and the balance to reduce debt, according to a May 5 news release.
8. Centene increased the base salaries of its CFO and COO, which now exceed $1 million apiece, keeping them with the company through at least 2024, according to Securities and Exchange Commission documents filed May 2.
