1. Centene reported $713 million in net income in the third quarter.
2. Centene is the latest insurer challenging CMS’ Medicare Advantage star ratings in court.
3. Centene subsidiary Meridian Health Plan of Michigan was one of nine health plans awarded contracts to manage Michigan’s Medicaid program for individuals dually-eligible for Medicare and Medicaid.
4. Centene had the lowest average Medicare Advantage star rating of the 15 largest insurers, according to an analysis from Chartis.
5. Centene completed the sale of Collaborative Health Systems to Astrana Health.
6. Centene’s Ambetter Health individual plans will expand to 60 new counties in 2025.
7. Centene is one of 62 organizations participating in the Medicare Advantage Value-Based Insurance Design model in 2025.
8. Centene’s Fidelis Care reached a $7.6 million settlement agreement with New York Attorney General Letitia James for billing Medicaid for services provided by an individual convicted of a crime.
9. Centene was ranked no. 16 on Fortune’s list of the “Best Large Workplaces in Healthcare.”
10. CMS suspended new enrollment for a Centene Medicare Advantage subsidiary in Missouri after the company failed to meet the required medical loss ratio for three years in a row.
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