Centene Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Segment Information

Segment Information

9 Months Ended

Sep. 30, 2017

Centene operates in two segments: Managed Care and Specialty Services. The 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 auxiliary healthcare services and products.

In January 2017, the Company reclassified Cenpatico Behavioral Health of Arizona, LLC and the related Cenpatico Integrated Care health plan from the Specialty Services segment to the Managed Care segment due to a reorganization of the Arizona management structure following the Health Net integration. As a result, the financial results of Cenpatico Behavioral Health of Arizona, LLC and the related Cenpatico Integrated Care health plan have been reclassified from the Specialty Services segment to the Managed Care segment for all periods presented.

Segment information for the three months ended September 30, 2017, follows ($ in millions):



	Managed Care		Specialty Services		Eliminations			Consolidated Total
Total revenues from external customers	$	11,248	$	650	$	—		$	11,898
Total revenues from internal customers	11		2,367		(2,378		)	—
Total revenues	$	11,259	$	3,017	$	(2,378	)	$	11,898
Earnings from operations	$	238	$	102	$	—		$	340

Segment information for the three months ended September 30, 2016, follows ($ in millions):



	Managed Care		Specialty Services		Eliminations			Consolidated Total
Total revenues from external customers	$	10,175	$	671	$	—		$	10,846
Total revenues from internal customers	56		1,524		(1,580		)	—
Total revenues	$	10,231	$	2,195	$	(1,580	)	$	10,846
Earnings from operations	$	309	$	33	$	—		$	342

Segment information for the nine months ended September 30, 2017, follows ($ in millions):



	Managed Care		Specialty Services		Eliminations			Consolidated Total
Total revenues from external customers	$	33,704	$	1,872	$	—		$	35,576
Total revenues from internal customers	33		7,112		(7,145		)	—
Total revenues	$	33,737	$	8,984	$	(7,145	)	$	35,576
Earnings from operations	$	799	$	219	$	—		$	1,018

Segment information for the nine months ended September 30, 2016, follows ($ in millions):



	Managed Care		Specialty Services		Eliminations			Consolidated Total
Total revenues from external customers	$	26,926	$	1,770	$	—		$	28,696
Total revenues from internal customers	144		4,383		(4,527		)	—
Total revenues	$	27,070	$	6,153	$	(4,527	)	$	28,696
Earnings from operations	$	627	$	112	$	—		$	739