Centene Foundation invests in diabetes program in Kentucky
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 18 2026
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Should l Buy CNC?
Source: PRnewswire
Centene Corp's stock fell 3.02% and hit a 20-day low amid broader market gains, with the Nasdaq-100 up 1.32% and the S&P 500 up 1.45%.
The Centene Foundation, in collaboration with WellCare of Kentucky, announced a $550,000 investment to launch the 'Food is Medicine' program aimed at improving diabetes management in rural Eastern Kentucky. This initiative is expected to benefit around 480,000 diabetic individuals by providing nutritious meals and health education, thereby enhancing their quality of life and potentially reducing healthcare costs.
This investment reflects Centene's commitment to addressing health disparities in underserved communities and improving health outcomes through innovative nutritional support programs.
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Analyst Views on CNC
Wall Street analysts forecast CNC stock price to rise
15 Analyst Rating
5 Buy
8 Hold
2 Sell
Hold
Current: 31.800
Low
32.00
Averages
43.07
High
59.00
Current: 31.800
Low
32.00
Averages
43.07
High
59.00
About CNC
Centene Corporation is a healthcare company. It provides access to quality healthcare; programs and a range of health solutions that help families and individuals get well. Its segments include Medicaid, Medicare, Commercial and Other. The Medicaid segment includes the Temporary Assistance for Needy Families (TANF) program, Medicaid Expansion programs, the Aged, Blind or Disabled (ABD) program, the Children's Health Insurance Program (CHIP), Long-Term Services and Supports (LTSS), Foster Care, Medicare-Medicaid Plans (MMP), which cover beneficiaries who are dually eligible for Medicaid and Medicare and other state-based programs. The Medicare segment includes Medicare Advantage, Medicare Supplement, Dual Eligible Special Needs Plans and Medicare Prescription Drug Plans. The Commercial segment includes the Health Insurance Marketplace product along with individual, small group, and large group commercial health insurance products.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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See More
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See More
