Our Managed Care segment provides health plan coverage to individuals through government-subsidized and commercial programs. The income tax effects of adjustments are based on the effective income tax rates applicable to each adjustment. It caters to uninsured and underinsured individuals, Medicare and Medicaid members, families under the TRICARE program, and federal facilities. As the president and chief operating officer at Centene Corporation, Layton is responsible for all aspects of Health Plans, Products, Business Operations, Population Health and Clinical Operations, Marketing, Health Plan Medical, Specialty, International, and Business Development. Our broad portfolio of approximately 500 product solutions and services includes the following: Our specialty services are a key component of our healthcare strategy and complement our core Managed Care business. In 2003, Shannon Bagley began working for Centene Corporation. The median estimated compensation for executives at Centene Corporation including base salary and bonus is $235,905, or $113 per hour. Centene has risen 460 spots since debuting on the list in 2010 at No. Cash flow provided by operations for the first quarter of 2023 was. Today's top 938 Engineering jobs in Grenoble, Auvergne-Rhne-Alpes, France. As Centenes CFO, He is responsible for managing the accounting, treasury, capital markets, tax, actuarial services, health economics, financial planning, investor relations, and procurement departments. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. healthcare services. Serving as the head of Human Resources, Bagley revamped the HR operating model and talent infrastructure. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. Ms. Bagley works closely with leadership to set the companys people agenda and goals. Without limiting the foregoing, forward-looking statements often use words such as "believe," "anticipate," "plan," "expect," "estimate," "intend," "seek," "target," "goal," "may," "will," "would," "could," "should," "can," "continue" and other similar words or expressions (and the negative thereof). (2) Adjusted SG&A expense ratio excludes acquisition and divestiture related expenses of approximately $35 million to $40 million. Learn about the key responsibilities of Centene Corporation leaders, founders, executives, and their achievements throughout the years. (4)Medicaid and Medicare membership includes 1,323,000, 1,291,300, 1,285,600, 1,252,600, and 1,231,500 D-SNP beneficiaries for the periods endingMarch31, 2023, December31, 2022, September30, 2022, June30, 2022, and March31, 2022, respectively. Delivering a full spectrum of care from physical health to emotional wellness. and Terms and Based on 212 ratings, Centene Corporation's employees are satisfied with their Executive Team and give them a "B" or 70/100. He served as Senior Vice President of Centene Corp. from November 2006 to November 26, 2012. Additionally, approximately $193 million was recorded as a reduction to premium revenues resulting from development within "Incurred related to: Prior period" due to minimum HBR and other return of premium programs. Most health systems are under pressure to adapt to the increasing needs of the population, refine care delivery models, and solve the emerging prevalence of chronic diseases. Change value during other periods is calculated as the difference between the last trade and the most recent settle. Request Investor Materials Media Inquiries Employment Verification For corporate inquiries, please contact us at 314-725-4477. Centene Corporation's Executive Team at a Glance Based on 212 ratings, Centene Corporation's employees are satisfied with their Executive Team and give them a "B" or 70/100. FORTUNE World's Most Admired Companies(2023). Therefore, the Company believes that this information is meaningful in addition to the information contained in the GAAP presentation of financial information. Her focus is on innovative care delivery and the development of the Coordinated Care provider network in Washington. propos. Costs related to the PBM legal settlement of $2 million. The income tax effects of adjustments are based on the effective income tax rates applicable to each adjustment. Elizabeth Brinn started Centene Corporation in 1984 as a non-profit Medicaid plan. Ms. London has extensive experience in the industry. Shannon Bagley is Centene Corporations Chief Administrative Officer responsible for Human Resources, Diversity, Equity and Inclusion, Real Estate, Workplace Resources, and Security. She participates in Audit, Compensation, and Technology Committees. About usGovernment Contracting FAQGuest Contributions2022 Events, Your Direct Source for Government Contracting News. By their nature, forward-looking statements involve known and unknown risks and uncertainties and are subject to change because they relate to events and depend on circumstances that will occur in the future, including economic, regulatory, competitive, and other factors that may cause our or our industry's actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. The business used to operate in the basement of Family Hospital in Milwaukee. Founded in 1984, it services a range of health care solutions that began in Wisconsin. Total debt was $18.3 billion, which included $359 million of borrowings on our $2.0 billion revolving credit facility at quarter end. "Brent, Sarah, Shannon and Bob have been integral to our leadership team and, with their new roles, will help us further our commitment to transforming our healthcare model to meet the evolving needs of our members, providers, customers and shareholders.". On average, Men provided higher ratings for their Executive Team compared to Women. International stock quotes are delayed as per exchange requirements. Her responsibilities include the following: Shannon Bagley joined Centene Corporation in 2003. Travel up to 40%. We believe that our local approach enables us to provide accessible, quality, culturally sensitive healthcare coverage to our communities. Services include clinical healthcare and a cutting-edge healthcare analytics company. The business started as a nonprofit medical plan with operations in Family Hospitals basement in Milwaukee, Wisconsin. Through executive interviews, policy spotlights and news stories on corporate activity, ExecutiveBiz stays on top of whats shaping the industry and how GovCon leaders are positioning their businesses to win the federal business of tomorrow. Mark Brooks is Centene Corporations chief information officer and president. In Illinois alone, over the same period, Centene grew from approximately 16,300 members in the Chicago area to nearly 1 million members in every county in the state. Through strategic care management programs and enhanced collaboration, we're working to improve the health of the community one person at a time. Jessica L. Blume is a retired vice chairman of Deloitte LLP and joined the Centene Corporation board of directors in 2018. 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Sarah London is Centenes Vice Chair become becoming a chief executive officer. Our specialty services help diversify our revenue stream, manage costs, and enhance the quality of health outcomes for our members and others. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. The following table sets forth supplemental revenue information ($ in millions): (1) Medicare includes Medicare Advantage, Medicare Supplement, D-SNPs, and Medicare Prescription Drug Plan (PDP). Mr. Andrew L. Asher has been the Executive Vice President and Chief Financial Officer of the company since 2021. Associates degree, in related field or equivalent experience. He started working with Centene in 2006. He also front-lined the companys approach with state governments in creating innovative and effective managed care programs. The program honors female executives who are leading change, developing policy and guiding healthcare delivery improvement. 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