Quarterly report pursuant to Section 13 or 15(d)

Segment Information

v3.20.2
Segment Information
 6 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
Segment Information Segment Information

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. Subsequent to the closing of the WellCare Acquisition, the Managed Care segment also includes WellCare’s legacy Medicaid Health Plans, Medicare Health Plans and Medicare Prescription Drug Plan (PDP) segments. The Specialty Services segment consists of Centene’s specialty companies offering auxiliary healthcare services and products. Factors used in determining the reportable business segments include the nature of operating activities, the 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 for the three months ended June 30, 2020, follows ($ in millions):
 
Managed Care
 
Specialty
Services
 
Eliminations
 
Consolidated
Total
Total revenues from external customers
$
26,623

 
$
1,089

 
$
—

 
$
27,712

Total revenues from internal customers
117

 
3,003

 
(3,120
)
 
—

Total revenues
$
26,740

 
$
4,092

 
$
(3,120
)
 
$
27,712

Earnings from operations
$
1,909

 
$
109

 
$
—

 
$
2,018


Segment information for the three months ended June 30, 2019, follows ($ in millions):
 
Managed Care
 
Specialty
Services
 
Eliminations
 
Consolidated
Total
Total revenues from external customers
$
17,509

 
$
847

 
$
—

 
$
18,356

Total revenues from internal customers
37

 
2,556

 
(2,593
)
 
—

Total revenues
$
17,546

 
$
3,403

 
$
(2,593
)
 
$
18,356

Earnings from operations
$
587

 
$
56

 
$
—

 
$
643



Segment information for the six months ended June 30, 2020, follows ($ in millions):
 
Managed Care
 
Specialty
Services
 
Eliminations
 
Consolidated
Total
Total revenues from external customers
$
51,559

 
$
2,178

 
$
—

 
$
53,737

Total revenues from internal customers
217

 
5,817

 
(6,034
)
 
—

Total revenues
$
51,776

 
$
7,995

 
$
(6,034
)
 
$
53,737

Earnings from operations
$
2,126

 
$
80

 
$
—

 
$
2,206


Segment information for the six months ended June 30, 2019, follows ($ in millions):
 
Managed Care
 
Specialty
Services
 
Eliminations
 
Consolidated
Total
Total revenues from external customers
$
35,196

 
$
1,604

 
$
—

 
$
36,800

Total revenues from internal customers
72

 
5,006

 
(5,078
)
 
—

Total revenues
$
35,268

 
$
6,610

 
$
(5,078
)
 
$
36,800

Earnings from operations
$
1,202

 
$
126

 
$
—

 
$
1,328