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Top related persons:
Centene - 1 Sarah London - 1 Julie Utterback - 1 Mariam Sunny - 1 Leroy Leo - 1 Shinjini Ganguli - 1 Shounak - 1
Top related locs:
Bengaluru
Top related orgs:
Centene - 1 Wall - 1 Medicaid - 1 Thomson - 1

Search resuls for: "Sarah London"


6 mentions found


☆ Centene aims to enroll back some lost Medicaid members
  + stars: | 2023-07-28 | by ( Mariam E Sunny Leroy Leo | Mariam E Sunny | Leroy Leo | ) www.reuters.com   time to read: +2 min
Companies Centene Corp FollowJuly 28 (Reuters) - Centene Corp (CNC.N) said on Friday it was working to enroll people back into government-backed Medicaid plans after the end of pandemic-relief measures left hundreds of thousands of members without coverage. Medicaid memberships, the largest contributor to Centene's revenue, were hit by the removal of pandemic-related relief measures on April 1 that rendered several members ineligible for insurance coverage. Centene lost a little more than 260,000 Medicaid members in the second quarter due to redetermination, and had around 16 million members under Medicaid as of June 30. The company on Friday, however, beat Wall Street estimates for second-quarter profit, helped by strong membership growth in its commercial marketplace business even as a fall in Medicaid memberships hurt. On an adjusted basis, the company earned $2.10 per share in the second quarter, above estimates of $2.03.
Persons: Centene, Sarah London, Julie Utterback, Mariam Sunny, Leroy Leo, Shinjini Ganguli, Shounak Organizations: Centene, Wall, Medicaid, Thomson Locations: Bengaluru
☆ Altria agrees to $235 mln settlement to resolve Juul-related cases
  + stars: | 2023-05-10 | by ( Ananya Mariam Rajesh Brendan Pierson | Ananya Mariam Rajesh | Brendan Pierson | ) www.reuters.com   time to read: +2 min
The deal ends nearly all of the litigation brought against the tobacco giant over Juul by local government bodies and individuals across the United States. Altria expects to record a pre-tax charge of $235 million in the second quarter of 2023 and intends to exclude it from adjusted earnings per share. As of December, its share of Juul was valued at $250 million, down from $12.8 billion in 2018. They said Altria helped the strategy by letting Juul use its sales force and place its products next to Altria's on shelves. Juul previously settled most of the cases against it, paying more than $1 billion to 48 states and territories and $1.7 billion to individuals and local government entities.
☆ Centene to divest AI platform Apixio
  + stars: | 2023-05-03 | by ( ) www.reuters.com   time to read: +1 min
May 3 (Reuters) - Centene Corp (CNC.N) will sell its artificial intelligence-powered healthcare analytics platform Apixio to investment firm New Mountain Capital as part of an ongoing portfolio review, the U.S. health insurer said on Wednesday. The company, which acquired Apixio in December 2020, did not disclose the terms of the transaction. Apixio compiles and analyzes large volumes of unstructured patient data, including medical charts and physician's notes, into insights and curated data. "As part of our ongoing portfolio review, it was important for us to find a strategic partner for Apixio with whom the business can continue to grow," said Centene Chief Executive Office Sarah London said in a statement. Centene said it expects the sale of the platform to be neutral to its adjusted profit for this year.
☆ Warren Buffett's heir apparent bought nearly $25 million of Berkshire stock
  + stars: | 2023-03-24 | by ( Brian Sullivan Jesse Pound | Brian Sullivan | Jesse Pound | ) www.cnbc.com   time to read: +3 min
Berkshire Hathaway vice president Gregory Abel bought nearly $25 million worth of Berkshire's class A stock last week, filings show. He previously bought $68 million worth of Berkshire stock in September. Berkshire's class A shares, and the "Baby Berkshire" class B shares, both have dropped about 3.4% this year, underperforming the S & P 500. Berkshire Hathaway vice chair Greg Abel bought $24.6 million worth of Berkshire's class A stock on March 17. Capri Holdings CEO John Idol bought nearly $10 million worth of stock on March 16.
☆ The local approach has been a pillar of our strategy since the beginning, says Centene CEO Sarah London
  + stars: | 2022-12-16 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe local approach has been a pillar of our strategy since the beginning, says Centene CEO Sarah LondonSarah London, Centene CEO, joins 'Power Lunch' to discuss disruptions in the Medicaid market, collaboration between Centene and state agencies and data driven decision-making to improve community health outcomes.
☆ CEO diversity slow to change even as U.S. boards hire more women and minorities
  + stars: | 2022-11-17 | by ( Rachael Levy Ross Kerber | Rachael Levy | Ross Kerber | ) www.reuters.com   time to read: +2 min
At Fortune 100 companies, only 12 chief executives were women as of July 15, the same number as a year earlier, according to Heidrick. The Heidrick & Struggles also report showed 86 CEOs in the group were white, down slightly from 88 in the prior period. "If you want to accelerate the rate of the change in the C-suite, then it (diversity) has to be embedded in the succession plan," Taylor said. In a separate survey, Heidrick found record levels of board seats filled by first-time directors at 43%. Nearly half of the appointees last year were women, while 41% were racially or ethnically diverse, similar to rates in 2020.
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