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Centene CNC Medical costs

Medical costs at other companies

UnitedHealth Group logo
UnitedHealth GroupUNH
$73.49B+0.1%

Segments

By segment

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Medicaid$21.96B+5.3%
Medicare$8.77B+16.1%
Commercial$7.2B-5.4%
Other$378M-24.1%

Other financials

Income statement

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Revenue$49.9B+7.1%
Gross profit$49.2B+7.2%
Operating income$1.9B+21.3%
Net income$1.5B+17.5%
EPS (diluted)$3.11+18.3%

Balance sheet

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Cash & equivalents$21.3B+43.5%
Total debt$16.4B-10.6%
Total equity$21.4B-23.2%
Total assets$81.2B-6.7%

Cash flow

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Operating cash flow$4.4B+189%
CapEx$200.0M+48.1%
Free cash flow$4.2B+203%

Valuation

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Market cap$32.46B+20.7%
Enterprise value$27.56B-8.0%
P/S0.2×0.0×

Profitability

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Gross margin98.7%+0.3pp
Operating margin-3.7%-5.8pp
Net margin-3.3%-5.3pp
FCF margin3.6%+2.7pp

Returns & leverage

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Return on equity-26.1%-38.7pp
Debt / equity0.8×+0.1×
Current ratio1.1×0.0×

Questions, answered.

What does medical costs mean?
Medical costs represent the direct expenses incurred for providing healthcare services, including hospital stays, physician visits, and pharmaceutical benefits for covered members. This is the primary variable cost for a managed care organization and directly impacts the medical loss ratio.