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Annual Revenue
$ 163,070,000,000
Global Employees
60,500
The Managed Care segment is the core of Centene's operations, providing health plan coverage to individuals through government-subsidized programs such as Medicaid, CHIP, and Medicare-Medicaid plans. This segment focuses on delivering comprehensive healthcare services, including primary and specialty physician care, hospital services, emergency care, and various ancillary services like vision, dental, and behavioral health. Centene continuously invests in care coordination and telehealth technologies to improve access and outcomes for its members. The segment also offers commercial healthcare products to employers and individuals, expanding its reach and diversifying its revenue streams. Future opportunities include expanding into new markets and enhancing value-based care models to improve quality and reduce costs.
Centene's Specialty Services segment complements its Managed Care operations by providing a range of specialized healthcare solutions. This includes pharmacy benefits management (PBM) services, nurse advice lines, vision and dental services, and staffing solutions for correctional systems and government agencies. The segment leverages technology and data analytics to optimize pharmacy costs, improve care coordination, and enhance member engagement. Centene is also expanding its specialty services to address the unique needs of specific populations, such as individuals with chronic conditions or those requiring long-term care. Future growth opportunities include expanding its PBM services to external clients and developing innovative solutions for managing specialty drug costs.