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Fly News Breaks for July 10, 2019
CNC
Jul 10, 2019 | 07:36 EDT
Stephens analyst Scott Fidel noted that Oregon announced awards for the state's $6B managed Medicaid program, calling Centene "a clear winner" as it retained Lane county, where it maintains essentially all of its current 88,000 Medicaid members in the state, and added three other counties that serve 36% of the state's current managed Medicaid membership. Fidel, who notes the new contracts are expected to begin on Jan. 1, 2020, keeps an Overweight rating on Centene shares.
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