Mid-Life MBA: The Art of Business

Centene Corporation!

Posted in Analysis by Eric Back on April 29th, 2007.

Centene Corp is a managed care provider for Medicaid, Medicare, and Schip, services. It is the 4th largest provider in the USA and it closed on Friday at $21.00, down from $24.00 earlier in the week and down from an all time high of $28.00.

With 1st quarter earnings of 26 cents per share, excluding firstguard activity, it may not be a bad deal right now. Have a look at the Morningstar ratings below. A good deal of its success will hinge on currently pending contracts for services in Maricopa county, Arizona.

Centene’s managed-care organizations served more than 1.1 million members in six states as of March 31, up from nearly 875,000 on the same date in 2006.

Centene

911.0

2,279

 

A+

B

Industry Average

6,593

4,131

 

C+

C+

C+

 
   

This entry was posted on Sunday, April 29th, 2007 at 12:59 am and is tagged with centene corporation, centene corp, managed care provider, morningstar ratings, maricopa county arizona, centene, quarter earnings, care organizations, medicaid, medicare, 911, 1 million, contracts. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback.

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