Here are five things to know:
1. Total revenue grew 11 percent year over year to $32.4 billion. The company said the growth was due to Medicaid and Medicare membership development and kickstarting two key North Carolina contracts.
2. The insurer reported $584 million in profits, up from $568 million in 2020’s third quarter.
3. Centene’s managed care membership grew by 1.4 million lives to a total of 26.5 million, a 5 percent increase compared to the third quarter of 2020.
4. Centene’s health benefits ratio grew to 88.1 percent this quarter, up from 86.4 percent at the same time last year.
5. Centene raised its outlook on the year, reflecting its July acquisition of United Kingdom-based Circle Health. The company now expects annual revenue to reach $126.4 billion on the high end.
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
