8-K/AExhibits & Filings

CENTENE CORP 8-K/A Report, Exhibit Filing (May 10, 2016)

Filed May 10, 2016For Securities:CNC

Summary

This 8-K filing from Centene Corporation (CNC) primarily concerns the pro forma financial information related to its acquisition of Health Net. Investors should focus on the unaudited pro forma condensed combined statement of operations for the year ended December 31, 2015. This statement provides a hypothetical view of how Centene's and Health Net's financial results would have looked if the merger had occurred at the beginning of the reporting period. It is crucial for understanding the potential scale and financial profile of the combined entity post-acquisition, allowing for a more informed assessment of the deal's financial implications. The inclusion of this pro forma data signals that the integration of Health Net is a significant strategic move for Centene. Investors can use this information to estimate the potential revenue, profitability, and operational synergies expected from the merger. However, it's important to remember that pro forma statements are hypothetical and do not represent actual historical performance of the combined company. Actual results may differ due to various integration challenges and market conditions.

Key Highlights

  • 1Filing provides unaudited pro forma condensed combined statement of operations for the year ended December 31, 2015, reflecting the acquisition of Health Net.
  • 2The pro forma information offers a hypothetical view of the combined financial performance of Centene and Health Net.
  • 3This data is crucial for investors to assess the potential financial scale and implications of the Health Net acquisition.
  • 4The filing incorporates the pro forma statement of operations as Exhibit 99.1.
  • 5Investors should analyze the pro forma data to understand potential revenue and profitability of the merged entity.
  • 6This filing is a key step in communicating the financial impact of the Health Net acquisition to the market.

Frequently Asked Questions

The main purpose of this 8-K filing is to provide investors with unaudited pro forma condensed combined financial information for Centene Corporation and Health Net for the year ended December 31, 2015. This data is presented to show the hypothetical financial results if the acquisition of Health Net by Centene had already occurred.

Pro forma financial information is important because it gives investors a clearer picture of the potential financial performance of the combined company after a significant event like an acquisition. It helps in evaluating the expected scale, revenue, and profitability of the merged entity, allowing for better-informed investment decisions.

No, this filing does not include actual historical financial statements of the combined company. The financial information provided is 'pro forma,' meaning it is hypothetical and based on combining the historical financial data of Centene and Health Net as if the merger had already taken place. Actual results may differ.

The detailed unaudited pro forma condensed combined statement of operations and explanatory notes for the year ended December 31, 2015, are included as Exhibit 99.1 to this 8-K filing.