25-07-2025
- Business
- Wall Street Journal
Centene Swings to Loss, Sees Further Membership Declines for Medicaid, Medicare
Centene CNC -9.04%decrease; red down pointing triangle swung to a loss in its latest quarter and described the results as 'disappointing,' the latest indication of the rough patch it's going through.
The managed-care specialist's troubles began in April when its quarterly results were overshadowed by membership declines in Medicaid and Medicare. Centene in July then withdrew its financial guidance for 2025 after warning that its earnings would fall well short of expectations.
