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Company Directory - Centene Corporation

Company Details - Centene Corporation

Centene Corporation Logo

Centene Corporation

Website

St. Louis, United States

NYSE: CNC 

Centene Corporation is a multinational healthcare company that provides services to government-sponsored healthcare programs, including Medicaid and Medicare. It operates health plans and offers a range of healthcare services, focusing on improving the health outcomes of its members.

CCI Score

CCI Score: Centene Corporation

-50.74

0.03%

Latest Event

Centene Condemns Unethical Surveillance Amid Investigation

Following revelations that Superior HealthPlan's former CEO admitted to hiring private investigators to spy on patients, doctors, and state lawmakers, Centene Corporation issued a statement distancing itself from the practice. Despite this condemnation, questions remain over whether company leadership was aware of the surveillance tactics, raising concerns about ethical oversight and accountability.

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QUISLING

Centene Corporation is currently rated as a Quisling.

-44 to -59 CCI Score
These companies are fully aligned with authoritarian regimes. They not only support but also enforce oppressive policies, playing a significant role in the regime’s operational apparatus and contributing directly to its consolidation of power.

Latest Events

  • Centene Condemns Unethical Surveillance Amid Investigation Logo
    MAR
    31
    2025

    Following revelations that Superior HealthPlan's former CEO admitted to hiring private investigators to spy on patients, doctors, and state lawmakers, Centene Corporation issued a statement distancing itself from the practice. Despite this condemnation, questions remain over whether company leadership was aware of the surveillance tactics, raising concerns about ethical oversight and accountability.

  • Centene Settlement Over Cybersecurity False Claims Logo
    FEB
    18
    2025

    Centene Corporation, as the corporate parent of Health Net Federal Services, agreed to pay over $11 million to settle allegations that it falsely certified cybersecurity compliance under its federal contract with the DoD. The settlement addresses claims that, between 2015 and 2018, the company misrepresented its adherence to critical cybersecurity controls, thereby undermining safeguards for sensitive government information.

  • -70

    Business Practices and Ethical Responsibility

    March 31

    The settlement exposes Centene's unethical business practices by falsely certifying compliance with federal cybersecurity standards. This misrepresentation not only constitutes fraud but also jeopardizes the security of sensitive government data, reflecting a significant lapse in corporate ethical responsibility.

    Health Net Federal Services LLC and Centene Corporation Agree to Pay Over $11 Million to Resolve False Claims Act Liability Related to Cybersecurity

  • -50

    Technology and Services Impact

    March 31

    By falsely certifying its cybersecurity measures, Centene undermined the integrity of critical defense-related technology services. This failure to uphold proper cybersecurity protocols not only endangers sensitive information but also reflects broader negligence in managing technology impacts that are vital for national security.

    Health Net Federal Services LLC and Centene Corporation Agree to Pay Over $11 Million to Resolve False Claims Act Liability Related to Cybersecurity

  • Centene Settles $11M Cybersecurity Fraud Case Logo
    FEB
    18
    2025

    Centene Corporation, through its subsidiary Health Net Federal Services, settled for over $11M to resolve allegations of falsely certifying cybersecurity compliance on a DoD contract, which covered failures between 2015 and 2018. This settlement highlights serious lapses in upholding cybersecurity standards in handling sensitive government data.

  • -65

    Business Practices and Ethical Responsibility

    March 31

    Centene Corporation is implicated in unethical business practices by falsely certifying cybersecurity compliance under a critical government contract. The failure to address known vulnerabilities and meet contractually mandated security standards endangered sensitive government information and service members' data. This act undermines corporate accountability and ethical responsibility, warranting a negative rating under business practices.

    Health Net, Centene Settle Cybersecurity Fraud Allegations with $11M Payout

  • Centene Settles False Cybersecurity Compliance Claims Logo
    FEB
    18
    2025

    Centene Corporation and its subsidiary, Health Net Federal Services Inc., have settled allegations of non‐compliance with federal cybersecurity requirements by paying $11,253,400. The settlement, announced on February 18, 2025, addresses claims that between 2015 and 2018 the company falsely certified compliance under a DoD contract for administering TRICARE, raising serious concerns about the integrity of its business practices and technology safeguards.

  • -50

    Business Practices and Ethical Responsibility

    March 31

    Centene's false certification of cybersecurity compliance undermines ethical business practices and contractual obligations with the government. This deception compromises the integrity of the service provided to sensitive programs like TRICARE, signaling a disregard for ethical standards.

    Health Net and Centene settle over false cybersecurity claims

  • -30

    Technology and Services Impact

    March 31

    The failure to adhere to federal cybersecurity standards reflects significant shortcomings in technology management and safeguards. This breach not only jeopardizes sensitive government data but also erodes trust in the company’s ability to secure digital infrastructure, impacting broader public interests.

    Health Net and Centene settle over false cybersecurity claims

  • Centene Corporation Faces Major Layoffs Revealed in HR Documents Logo
    OCT
    02
    2023

    Confidential HR documents have revealed that Centene Corporation is planning a significant round of layoffs scheduled to begin between October 2 and October 5, with the final termination on December 8, 2023. The documents include scripted notification meetings for affected employees and indicate broader trends of aggressive cost-cutting measures and harsh labor practices.

  • -70

    Labor Relations and Human Rights Practices

    March 31

    The disclosed HR documents detail a mass layoff process with scripted employee notifications, reflecting a disregard for worker well-being and human rights. Such practices contribute to an environment that prioritizes profit over fair labor treatment, reinforcing exploitative management dynamics.

    BREAKING - Centene Poised for Layoffs Next Week, Documents Reveal

  • Centene to implement 2,000 layoffs amid restructuring Logo
    OCT
    02
    2023

    Centene Corporation announced it will cut 2,000 positions next week as part of a restructuring effort aimed at right-sizing its cost structure. The move, affecting roughly 3% of its workforce, follows challenges related to post‐pandemic adjustments and regulatory changes in Medicaid. Although the company is providing severance packages and outplacement services to affected employees, the mass layoff raises concerns about the erosion of worker job security and broader labor rights.

  • -40

    Labor Relations and Human Rights Practices

    March 31

    The planned layoffs of 2,000 positions, impacting approximately 3% of the workforce, are indicative of a restructuring approach that undermines job security and worker rights. From an anti-fascist perspective that champions robust protections for workers and marginalized communities, such mass layoffs are seen as prioritizing cost-cutting over social responsibility, despite measures like severance and outplacement support.

    What's behind Centene's upcoming 2,000 layoffs? - KMOV

  • Centene Settlement Over Medicaid Overbilling Allegations Logo
    FEB
    15
    2023

    Centene Corporation has agreed to pay over $215 million to California to settle allegations of overbilling for pharmacy services in its Medi-Cal program. Investigations revealed that Centene’s subsidiaries inflated drug costs and fees, adversely affecting vulnerable, low-income patients. The incident also underscored the company’s extensive lobbying and political donation efforts aimed at influencing state healthcare policies.

  • -80

    Business Practices and Ethical Responsibility

    March 31

    The settlement arises from allegations that Centene’s subsidiaries engaged in unethical business practices by inflating pharmacy billing costs under the Medi-Cal program. Such practices drain resources from an already vulnerable population, marking a significant failure in ethical responsibility.

    Centene Agrees to $215 Million Settlement With California for Alleged Medicaid Overbilling

  • -50

    Political Contributions and Lobbying Efforts

    March 31

    Centene’s significant spending on lobbying and political donations, noted at over $5 million in recent years and a history of controversial political interventions such as protesting state contract awards, suggests the use of corporate influence to safeguard its interests, potentially at the cost of public accountability.

    Centene Agrees to $215 Million Settlement With California for Alleged Medicaid Overbilling

  • Centene settles $215M for Medicaid overbilling allegations Logo
    FEB
    10
    2023

    Centene Corporation agreed to a $215 million settlement with California over allegations of overcharging the state for pharmacy services under Medicaid. This settlement highlights concerns regarding unethical business practices that undermine vulnerable public healthcare programs.

  • -80

    Business Practices and Ethical Responsibility

    March 31

    The settlement for alleged Medicaid overbilling points to unethical business practices and a disregard for fair dealing with government healthcare programs. This behavior risks harming marginalized communities who depend on Medicaid and undermines public trust in healthcare corporations.

    Centene agrees to $215M settlement for alleged Medicaid overbilling

  • Centene settles $215M Medicaid overbilling accusations Logo
    FEB
    09
    2023

    Centene Corporation agreed to pay over $215 million to California to settle accusations of overbilling its Medicaid program by inflating drug costs and fees. The settlement comes amid investigations by more than 20 states and follows claims that the company, while denying wrongdoing, benefitted from undisclosed discounts and engaged in extensive lobbying and political contributions aimed at influencing Medicaid contract decisions.

  • -60

    Business Practices and Ethical Responsibility

    March 31

    The settlement highlights unethical business practices where Centene allegedly overcharged the Medicaid system, depriving vulnerable populations of critical funds. Such practices undermine trust in healthcare services and disproportionately harm marginalized communities that rely on Medicaid.

    Centene Corp. settles for $215 million on California Medicaid overbilling accusations

  • -40

    Political Contributions and Lobbying Efforts

    March 31

    The article notes Centene's significant spending on lobbying, political contributions, and related activities to influence Medicaid contract awards. This strategic use of political spending undermines transparent governance and may serve to protect practices that adversely affect vulnerable populations.

    Centene Corp. settles for $215 million on California Medicaid overbilling accusations

  • Centene's Overbilling Settlement Strategy Logo
    DEC
    06
    2022

    Centene has settled investigations into its Medicaid pharmacy billing practices in more than 20 states, paying a total of approximately $613 million. The most recent settlement was in Oregon on December 6, 2022, marking another instance of the company resolving accusations of overbilling taxpayers while continuing to pursue lucrative government contracts.

  • -70

    Business Practices and Ethical Responsibility

    March 31

    The settlements related to Medicaid overbilling, including a $17 million settlement in Oregon as part of a total of $613 million across 14 states, indicate problematic business practices. This approach not only undermines trust in government spending but also reflects a willingness to prioritize corporate gains over ethical accountability in healthcare.

    Centene Gives Big as It Courts Contracts and Settles Accusations of Overbilling

  • Centene's Strategic Political Donations Logo
    OCT
    04
    2022

    Between January 2015 and October 2022, Centene and its executives channeled over $26.9 million in political donations, including personal contributions by then-CEO Michael Neidorff and his wife. These donations were made strategically in states where Centene is pursuing Medicaid contracts and facing overbilling accusations, reflecting a deliberate effort to influence policymaking and secure lucrative government contracts.

  • -60

    Political Contributions and Lobbying Efforts

    March 31

    Centene's use of its political action committee funds to donate over $26.9 million to state-level political campaigns underscores a strategic effort to curry favor with policymakers overseeing Medicaid contracts. This significant financial involvement can contribute to undue corporate influence in politics and erode democratic accountability.

    Centene Gives Big as It Courts Contracts and Settles Accusations of Overbilling

  • -50

    Executive Political Engagement

    March 31

    The active involvement of senior executives, including personal contributions by then-CEO Michael Neidorff, highlights an executive-level commitment to leveraging political influence for securing state contracts, consolidating corporate power over regulatory processes.

    Centene Gives Big as It Courts Contracts and Settles Accusations of Overbilling

  • Centene's Strategically Circumvented Political Contributions via Subsidiaries Logo
    NOV
    02
    2021

    Centene and its subsidiaries funneled over $26.9 million to political campaigns across 33 states, employing tactics such as channeling donations through multiple subsidiaries to bypass contribution limits and to secure lucrative Medicaid contracts. The practice, coupled with personal contributions by top executives, reinforces concerns of a pay-to-play system that undermines democratic governance.

  • -80

    Political Contributions and Lobbying Efforts

    March 31

    Centene's use of its many subsidiaries to make politically influential donations—thereby skirting legal contribution limits—is indicative of an intentional strategy to secure state Medicaid contracts. This practice promotes a pay-to-play culture that may corrupt public decision-making.

    Centene Showers Politicians With Millions as It Courts Contracts and Settles Overbilling Allegations

  • -60

    Executive Political Engagement

    March 31

    Significant personal contributions by top executives, including those from the former CEO and his spouse, enhance Centene's influence over political figures. This level of executive involvement in political financing further deepens concerns about preferential treatment in state contract awards.

    Centene Showers Politicians With Millions as It Courts Contracts and Settles Overbilling Allegations

Corporate Financials

Revenue
2025
$130.00B
Total Assets
2025
$100.00B
Operating Income
2025
$2.20B
Total Equity
2025
$31.00B

Industries

524114
Direct Health and Medical Insurance Carriers
621111
Offices of Physicians (except Mental Health Specialists)
621498
All Other Outpatient Care Centers
624190
Other Individual and Family Services