| 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. The Specialty Services segment consists of Centene’s specialty companies offering auxiliary healthcare services and products.
Segment information for the three months ended June 30, 2014, follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Managed Care |
|
Specialty
Services
|
|
Eliminations |
|
Consolidated
Total
|
Premium and service revenues from external customers |
$ |
3,224,849 |
|
|
$ |
516,238 |
|
|
$ |
— |
|
|
$ |
3,741,087 |
|
Premium and service revenues from internal customers |
13,789 |
|
|
675,825 |
|
|
(689,614 |
) |
|
— |
|
Total premium and service revenues |
$ |
3,238,638 |
|
|
$ |
1,192,063 |
|
|
$ |
(689,614 |
) |
|
$ |
3,741,087 |
|
Earnings from operations |
$ |
63,821 |
|
|
$ |
28,851 |
|
|
$ |
— |
|
|
$ |
92,672 |
|
Segment information for the three months ended June 30, 2013, follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Managed Care |
|
Specialty
Services
|
|
Eliminations |
|
Consolidated
Total
|
Premium and service revenues from external customers |
$ |
2,324,750 |
|
|
$ |
194,161 |
|
|
$ |
— |
|
|
$ |
2,518,911 |
|
Premium and service revenues from internal customers |
10,292 |
|
|
523,154 |
|
|
(533,446 |
) |
|
— |
|
Total premium and service revenues |
$ |
2,335,042 |
|
|
$ |
717,315 |
|
|
$ |
(533,446 |
) |
|
$ |
2,518,911 |
|
Earnings from operations |
$ |
45,601 |
|
|
$ |
23,136 |
|
|
$ |
— |
|
|
$ |
68,737 |
|
Segment information for the six months ended June 30, 2014, follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Managed Care
|
|
Specialty
Services
|
|
Eliminations |
|
Consolidated
Total
|
Premium and service revenues from external customers |
$ |
6,194,570 |
|
|
$ |
898,578 |
|
|
$ |
— |
|
|
$ |
7,093,148 |
|
Premium and service revenues from internal customers |
26,614 |
|
|
1,314,741 |
|
|
(1,341,355 |
) |
|
— |
|
Total premium and service revenues |
$ |
6,221,184 |
|
|
$ |
2,213,319 |
|
|
$ |
(1,341,355 |
) |
|
$ |
7,093,148 |
|
Earnings from operations |
$ |
107,951 |
|
|
$ |
54,755 |
|
|
$ |
— |
|
|
$ |
162,706 |
|
Segment information for the six months ended June 30, 2013, follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Managed Care
|
|
Specialty
Services
|
|
Eliminations |
|
Consolidated
Total
|
Premium and service revenues from external customers |
$ |
4,621,199 |
|
|
$ |
319,545 |
|
|
$ |
— |
|
|
$ |
4,940,744 |
|
Premium and service revenues from internal customers |
20,345 |
|
|
1,050,607 |
|
|
(1,070,952 |
) |
|
— |
|
Total premium and service revenues |
$ |
4,641,544 |
|
|
$ |
1,370,152 |
|
|
$ |
(1,070,952 |
) |
|
$ |
4,940,744 |
|
Earnings from operations |
$ |
54,860 |
|
|
$ |
53,477 |
|
|
$ |
— |
|
|
$ |
108,337 |
|
|