Summary
Centene Corporation's 2011 10-K filing provides a comprehensive overview of its business operations, financial performance, and strategic direction as of February 21, 2012. The company, a significant player in the managed care industry, primarily serves government-sponsored healthcare programs, including Medicaid and Medicare. Investors should note the company's focus on expanding its market share within these government programs, which represent a substantial portion of its revenue. The filing also details the competitive landscape and regulatory environment impacting the company's operations and future growth prospects. Key areas of focus for investors include Centene's financial health, operational efficiency, and risk management strategies. The report outlines the company's revenue streams, cost structures, and profitability drivers, offering insights into its ability to generate value. Furthermore, potential risks, such as changes in government healthcare policy, competition, and operational challenges, are thoroughly discussed, providing a balanced view of the company's outlook and the factors that could influence its stock performance.
Financial Highlights
50 data points| Revenue | $5.21B |
| Operating Expenses | $5.01B |
| Operating Income | $203.80M |
| Interest Expense | $20.32M |
| Net Income | $111.22M |
| EPS (Basic) | $0.56 |
| EPS (Diluted) | $0.53 |
| Shares Outstanding (Basic) | 200.80M |
| Shares Outstanding (Diluted) | 209.90M |
Key Highlights
- 1Centene Corporation's core business is providing managed healthcare services, with a strong emphasis on government-sponsored programs like Medicaid and Medicare.
- 2The company has a strategy focused on expanding its presence and market share within these government programs.
- 3The filing details the competitive environment and the significant impact of regulatory changes on the managed care industry.
- 4Management's Discussion and Analysis (MD&A) section offers insights into the company's financial condition, results of operations, and key performance indicators.
- 5Risk Factors section highlights potential challenges including regulatory risks, operational complexities, and competitive pressures.
- 6The report includes detailed financial statements, providing a snapshot of the company's assets, liabilities, equity, and cash flows.
- 7Information on corporate governance, executive compensation, and security ownership provides transparency regarding company leadership and shareholder interests.