Conseco Inc

Industry: Accident & Health Insurance

Fortune Rank: 475

CNC provides managed care programs and related services to individuals receiving benefits under Medicaid and the State Children's Health Insurance Program. CNC has health plans in Indiana, New Jersey, Ohio, Texas and Wisconsin. For the 6 months ended 6/30/05, revenues rose 49% to $682M. Net income rose 42% to $29.7M. Results reflect more memberships of Medicaid managed care group, partially offset by an increase in medical costs.

Centene Corporation is a multi-line, managed-care organization that provides Medicaid and Medicaid-related programs to organizations and individuals through government-subsidized programs, including Medicaid, Supplemental Security Income (SSI) and the State Children's Health Insurance Program (SCHIP). It also provides specialty services, including behavioral health, nurse triage and treatment compliance to its own and other healthcare organizations. The Company has health plans in Indiana, Kansas, Missouri, New Jersey, Ohio, Texas and Wisconsin. It also provides specialty services in each of the states where it has health plans, as well as freestanding programs in Arizona, California and Colorado. Effective January 1, 2004, the Company commenced operations in Ohio through the acquisition of the Medicaid-related assets of Family Health Plan, Inc. Effective December 1, 2004, the Company acquired FirstGuard, Inc. and FirstGuard Health Plan, Inc.

Conseco Inc

Conseco Inc is a Fortune 500 company. In 2010 Conseco Inc was ranked number 475 on the Fortune 500 list, making it the 475th largest company in the United States when judged by revenue.

Conseco Inc achieved revenue of $4,341.40 million in 2010 and earned a profit of $85.70 million.

Conseco Inc' rank improves

The company ranking improved in 2010, moving up the Fortune 500 list to 475th compared to 537th in 2009. This was based on its 2009 revenue of $4,194 million (a change of 0 million compared to 2010) and profits of $-1,127 million (a change of $87 million compared to 2009).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then Conseco Inc would be ranked 363rd rather than 475th due to its profits of $86 in 2010.

Conseco Inc Revenue* Profit* Fortune Ranking

* US$ Million

USPages Latest Business News At A Glance Business Shortcuts