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Centene is a leading healthcare enterprise committed to transforming the health of the community, one person at a time. We provide a full spectrum of managed healthcare products and services, primarily through Medicaid, Medicare, and commercial products. Our core philosophy is that quality healthcare is best delivered locally. We believe that our local approach enables us to provide accessible, quality, culturally sensitive healthcare coverage to our communities.Quarterly Fact Sheet
Medicare includes Medicare Advantage and Medicare Supplement
Our Managed Care segment provides health plan coverage to individuals through government-subsidized and commercial programs. We ensure quality care while reducing and managing costs, representing significant cost savings and budget predictability over state-paid programs. Our data-driven approach allows for seamless communication between members, case managers, and providers.
Our commitment to quality improvement has earned us numerous health plan accreditations and program awards.
At Centene, we embrace a multi-business line approach to diversify revenues, control medical costs, improve the quality of care that our members receive, and improve outcomes. We strive to offer services that other Medicaid and Medicare managed care companies do not. Our broad portfolio of approximately 500 product solutions and services includes:
Our Specialty Services segment encompasses a broad portfolio of products and services designed to complement our core Managed Care business. With a focus on patient education and ensuring appropriate care, Specialty Services helps to diversify our revenue stream, manage costs, and improve medical outcomes.
The Envolve family of companies provides integrated, comprehensive healthcare for members and other organizations. Envolve’s innovative model unites care management and coordination, telehealth services, traditional and specialty pharmacy, vision and dental health, and analytics solutions to make healthcare more accessible, effective and sustainable.
Our Health Care Enterprises companies focus on developing more efficient care models to reduce healthcare costs and improve patient outcomes. Services include third-party administration, home-based primary care for high acuity patients, primary and social care for at-risk individuals, and a cutting-edge health care analytics company.
Our other specialty companies provide products and services that complement and expand our business lines, including correctional healthcare services, administrative services for the TRICARE West region, and case management software that is used by our health plans and available for sale to third parties.
Steady, organic growth and a series of strategic acquisitions have transformed us from a regional player to a national powerhouse.
FORTUNE magazine continuously ranks us as one of America’s fastest-growing companies. Between 2011 and 2020, Centene grew from 1.8M members in 12 states to 25.5M members nationwide. In Illinois alone, over the same period, Centene grew from approximately 16,300 members in the Chicago area to nearly 1 million members in every county in the state.
We have industry-leading expertise in government-subsidized healthcare, having realized steady growth through five presidential administrations. At Centene, we remain one of the few companies to have successfully navigated the Affordable Care Act. Today, we offer affordable and high-quality products to nearly 1 in 15 Americans in all 50 states through our participation in Medicaid, Medicare, the Medicare Prescription Drug plan, TRICARE, the correctional system, and our offerings in the Health Insurance Marketplace.
Corporate citizenship is a key component of our success. We regularly earn recognition for growth and innovation, as well as our commitment to equity, diversity, and inclusion.
For the fourth consecutive year, we have been selected one of FORTUNE World’s Most Admired Companies, a recognition chosen by industry executives, directors, and analysts asked to rate enterprises in their own industry on nine criteria, from investment value and quality of management and products to social responsibility and ability to attract talent.
We rank No. 24 on the 2022 FORTUNE 500® list of largest U.S. corporations by revenue. Centene has risen 460 spots since debuting on the list in 2010 at No. 486.
We were recognized on the FORTUNE 2020 Change the WorldTM list of companies that have had a positive social impact through activities that are part of their core business strategy. The ranking recognizes our response to COVID-19 including our investment in infrastructure that helps Medicaid members access telehealth and removing barriers (like prior authorizations) to COVID-19 testing and care.
From FORTUNE. © 2022 Fortune Media IP Limited. All rights reserved. Used under license. FORTUNE and The World’s Most Admired Companies are registered trademark of Fortune Media IP Limited and are used under license. FORTUNE and Fortune Media IP Limited are not affiliated with, and do not endorse the product or services of, Centene Corporation.