Annual report pursuant to Section 13 and 15(d)

Segment Information

v2.4.0.6
Segment Information
12 Months Ended
Dec. 31, 2011
Segment Information [Abstract]  
Segment Information

20. Segment Information

Centene operates in two segments: Medicaid Managed Care and Specialty Services. The Medicaid Managed Care segment consists of Centene's health plans including all of the functions needed to operate them. The Specialty Services segment consists of Centene's specialty companies offering products for behavioral health, care management software, health insurance exchanges, individual health insurance, life and health management, long-term care programs, managed vision, telehealth services, and pharmacy benefits management. The health plans in Arizona, operated by our long-term care company, and Massachusetts, operated by our individual health insurance provider, are included in the Specialty Services segment.

 

Factors used in determining the reportable business segments include the nature of operating activities, existence of separate senior management teams, and the type of information presented to the Company's chief operating decision maker to evaluate all results of operations.

Segment information as of and for the year ended December 31, 2011, follows:

 

     Medicaid
Managed Care
     Specialty
Services
     Eliminations     Consolidated
Total
 

Premium and service revenues from external customers

   $ 4,450,336       $ 730,671       $ —        $ 5,181,007   

Premium and service revenues from internal customers

     65,215         753,596         (818,811     —     
  

 

 

    

 

 

    

 

 

   

 

 

 

Total premium and service revenues

     4,515,551         1,484,267         (818,811     5,181,007   
  

 

 

    

 

 

    

 

 

   

 

 

 

Earnings from operations

     152,995         37,329         —          190,324   

Total assets

     1,754,108         436,228         —          2,190,336   

Segment information as of and for the year ended December 31, 2010, follows:

 

     Medicaid
Managed Care
     Specialty
Services
     Eliminations     Consolidated
Total
 

Premium and service revenues from external customers

   $ 3,679,807       $ 604,026       $ —        $ 4,283,833   

Premium and service revenues from internal customers

     60,676         508,157         (568,833     —     
  

 

 

    

 

 

    

 

 

   

 

 

 

Total premium and service revenues

     3,740,483         1,112,183         (568,833     4,283,833   
  

 

 

    

 

 

    

 

 

   

 

 

 

Earnings from operations

     117,106         39,963         —          157,069   

Total assets

     1,552,886         390,996         —          1,943,882   

Segment information as of and for the year ended December 31, 2009, follows:

 

     Medicaid
Managed Care
     Specialty
Services
     Eliminations     Consolidated
Total
 

Premium and service revenues from external customers

   $ 3,398,009       $ 480,274       $ —        $ 3,878,283   

Premium and service revenues from internal customers

     66,763         569,191         (635,954     —     
  

 

 

    

 

 

    

 

 

   

 

 

 

Total premium and service revenues

     3,464,772         1,049,465         (635,954     3,878,283   
  

 

 

    

 

 

    

 

 

   

 

 

 

Earnings from operations

     99,307         38,828         —          138,135   

Total assets

     1,330,987         371,377         —          1,702,364