What is Centene's specialty services — goodwill impairment?

Centene (CNC) reported specialty services — goodwill impairment of $76.00M in Q4 2022.

What does specialty services — goodwill impairment mean?

A charge taken when the value of acquired businesses in the Specialty Services segment is determined to be lower than their recorded book value.

Discontinued — last reported Q4 '22

Business Segments · Goodwill impairment

Specialty Services — Goodwill impairment

Centene Specialty Services — Goodwill impairment remained flat by 0.0% to $76.00M in Q4 2022 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment

CategoryRisk

SignalLower is better

VolatilityVolatile

First reportedQ1 2015

Last reportedQ4 2022

Rolls up toGoodwill impairment

How to read this metric

An increase suggests poor acquisition performance or deteriorating market conditions for the segment, while a decrease indicates stable or improving asset valuations.

Detailed definition

Represents the non-cash charge recognized when the carrying value of goodwill associated with the Specialty Services seg...

Peer comparison

Commonly reported by peers as 'Goodwill Impairment' or 'Asset Impairment Charges' in segment disclosures.

Metric ID: cnc_segment_specialty_services_goodwill_impairment

Historical Data

1 years

	FY'22
Value	$304.00M

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Frequently Asked Questions

What is Centene's specialty services — goodwill impairment?: Centene (CNC) reported specialty services — goodwill impairment of $76.00M in Q4 2022.
What does specialty services — goodwill impairment mean?: A charge taken when the value of acquired businesses in the Specialty Services segment is determined to be lower than their recorded book value.