Texas to receive $166 million in drug settlement from company California is investigating [Los Angeles Times (CA)]
Centene Corporation (CNC)
Last centene corporation earnings: 4/28 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
centene.com/investors.html
Company Research
Source: Los Angeles Times
It's the biggest known payout by the nation's largest Medicaid insurer over its drug pricing practices. The deal was signed July 11 but hadn't been publicly announced until Monday after Kaiser Health News obtained a copy of the settlement through a Texas public records request and began asking questions. The agreement makes Texas at least the 12th state to settle pharmacy billing claims with St. Louis-based Centene. Advertisement Centene did not respond to multiple requests for comment about the Texas settlement. But it has denied wrongdoing in several settlements, and Centene President and Chief Operating Officer Brent Layton said last year that settlements in Ohio and Mississippi reflected the company's “commitment to making the delivery of healthcare local, simple and transparent” and allow it to continue its “relentless focus on delivering high-quality outcomes to our members.” Most states contract with private insurance companies such as Centene to cover Medicaid recipie
Show less
Read more
Impact Snapshot
Event Time:
CNC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CNC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CNC alerts
High impacting Centene Corporation news events
Weekly update
A roundup of the hottest topics
CNC
News
- Molina Healthcare beats profit estimates aided by higher premiums [Reuters]Reuters
- Molina Healthcare beats profit estimates aided by higher premiums [Yahoo! Finance]Yahoo! Finance
- How Should You Play Centene (CNC) Ahead of Q1 Earnings? [Yahoo! Finance]Yahoo! Finance
- Unveiling Centene (CNC) Q1 Outlook: Wall Street Estimates for Key Metrics [Yahoo! Finance]Yahoo! Finance
- Elevance hits 52-week high after Q1 earnings [Seeking Alpha]Seeking Alpha
CNC
Earnings
- 2/6/24 - Beat
CNC
Sec Filings
- 4/3/24 - Form PX14A6G
- 4/2/24 - Form 4
- 4/2/24 - Form 4
- CNC's page on the SEC website