Centene progresses on profit recovery, drops 6,000 employees

T2Covered by 1 source · first reported by BioPharma Dive / Healthcare Dive / MedTech Dive at 27 Oct, 16:32 UTC

Centene now thinks its Medicare business will break even one year ahead of its previous expectations after a buoyant third quarter. Staffing cuts saddled the insurer with severance spending, but they should help margins in 2027.