8-KOther EventsExhibits & Filings

CENTENE CORP 8-K Report, Corporate Update (Mar 13, 2018)

Filed March 13, 2018For Securities:CNC

Summary

Centene Corporation (CNC) has filed an 8-K report on March 13, 2018, primarily to disclose the financial statements of New York State Catholic Health Plan, Inc. (d/b/a Fidelis Care New York). This filing provides investors with audited financial statements for Fidelis as of and for the years ended December 31, 2016 and 2015, and unaudited financial statements as of September 30, 2017, and for the nine-month periods ended September 30, 2017 and 2016. This disclosure is significant as it pertains to Fidelis Care, a New York-based health plan. Investors should review these provided financial statements to understand the financial health and performance of Fidelis Care, which is likely a precursor to or part of a larger strategic initiative by Centene, such as an acquisition or partnership. The filing does not contain forward-looking statements or specific financial guidance from Centene itself, but rather provides the necessary financial documentation for Fidelis.

Key Highlights

  • 1Centene Corporation filed an 8-K on March 13, 2018.
  • 2The filing's primary purpose is to disclose financial information for Fidelis Care New York.
  • 3Audited consolidated financial statements for Fidelis Care for the years ended December 31, 2016 and 2015 are included as Exhibit 99.1.
  • 4Unaudited consolidated financial statements for Fidelis Care as of September 30, 2017, and for the nine months ended September 30, 2017 and 2016 are included as Exhibit 99.2.
  • 5The filing serves to make these financial statements publicly available.
  • 6The CFO, Jeffrey A. Schwaneke, signed the report.
  • 7The company is not an emerging growth company and has not elected to use the extended transition period for new accounting standards.

Frequently Asked Questions

The main purpose of this 8-K filing is to provide investors with the financial statements of New York State Catholic Health Plan, Inc. (d/b/a Fidelis Care New York). This includes both audited and unaudited financial statements covering specific historical periods.

The filing includes audited financial statements for Fidelis Care for the full years ended December 31, 2016 and 2015. It also includes unaudited financial statements as of September 30, 2017, and for the nine-month periods ended September 30, 2017 and 2016.

No, this filing primarily serves to disclose the financial statements of Fidelis Care New York. It does not contain specific forward-looking statements, earnings guidance, or operational updates directly from Centene Corporation.

While the filing itself doesn't detail the relationship, providing these financial statements suggests a potential acquisition, merger, or significant partnership involving Fidelis Care. Investors should research Centene's strategic initiatives to understand the context of this disclosure.