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Sohini Mondal

EXPLAINED: Is centene stock underperforming the s p 500 | Rare Historical Photos

Centene CNC Medicaid ELV

With a market cap of $19.1 billion, Centene Corporation (CNC) is a U.S.-based healthcare enterprise that serves under-insured and uninsured individuals, as well as commercial organizations. It operates through four key segments: Medicaid; Medicare; Commercial; and Other, offering a wide range of health programs and related services. 

Companies valued over $10 billion are generally described as “large-cap” stocks, and Centene fits right into that category. The company delivers care through networks of physicians, hospitals, and specialized providers.

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