CA - Centene Corporation: A Great Business At A Great Price
2024-06-04 15:22:30 ET
Summary
- Centene Corporation is a successful company in the government-sponsored healthcare sector, experiencing revenue and profit growth.
- The company's Medicaid segment generates the most revenue, followed by Medicare and the Commercial segment.
- While some parts of the business have seen declines, the growth aspects of the company have robust profit margins and show promising growth potential.
In many respects, health care in this country is broken. It is not only overly costly, it also is terribly complex, with many different types of coverage. In this chaos, a number of companies have found ways to make a great deal of money. And one of the most successful firms in this space is Centene Corporation ( CNC ), a business that is primarily focused on providing government sponsored health care to its clients. While this may not seem like all that exciting a space to be in, largely because of the lack of innovation that many might perceive to exist, the fact of the matter is that Centene is going through a rather interesting transformation at this point in time....
Centene Corporation: A Great Business At A Great Price