Home State Health Funds Care Program for the Homeless
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 20 2026
0mins
Should l Buy CNC?
Source: Newsfilter
- Funding Announcement: Home State Health, in partnership with the Centene Foundation, has announced a $225,000 grant to Three Steps Home to support the launch of St. Louis' first dedicated short-term medical recuperative care program for the homeless, aimed at providing essential healthcare and support services to help individuals stabilize their health and regain independence.
- Program Features: Located at 3225 N. Florissant Avenue, the program will offer onsite clinical care, referrals for behavioral health and substance use services, and individualized recovery plans, designed to promote whole-person healing through additional support such as meals, clothing, laundry, and family assistance.
- Community Impact: With over two decades of presence in North St. Louis City, Three Steps Home will expand its reach by opening a 24-hour medical recuperative care program that bridges the critical gap between healthcare and housing, thereby providing comprehensive support for individuals experiencing homelessness.
- Grand Opening: A grand opening and ribbon-cutting ceremony will take place on April 23, 2026, at 9:30 a.m. at the Peter & Paul Community Campus, marking the official launch of the program and furthering health and community development in the St. Louis area.
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Analyst Views on CNC
Wall Street analysts forecast CNC stock price to fall
15 Analyst Rating
5 Buy
8 Hold
2 Sell
Hold
Current: 59.310
Low
32.00
Averages
43.07
High
59.00
Current: 59.310
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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