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Centene posts 4Q net loss of $213 million, despite revenue gains

Posted On: Feb. 8, 2023 10:04 AM CST

Centene Corp. posted a net loss of $213 million in the last three months of 2022 despite reporting 15% growth in total revenue in the fourth quarter year-over-year, Becker’s Payer Issues reports. Total revenues in 2022 were $144.5 billion, up 14.7% compared with 2021. For 2023, the company projects revenues of $131.5 billion to $133.5 billion.