Centene reported its second-quarter financial results July 27.
Five things to know:
1. Centene reported a $535 million loss in the second quarter.
2. The company reported a 3 percent increase in its managed care membership from the second quarter of 2020, according to a July 27 news release on Yahoo Finance.
3. The payer had total revenues of $31 billion for the second quarter, a 12 percent increase compared to the same period last year.
4. Centene reported an operating cash flow of $1.7 billion for the quarter.
5. The company anticipates higher COVID-19 costs in the coming quarters.