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Centene reports $253M loss in Q2

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Clayton-based health insurance company Centene reported a $253 million net loss in the second quarter.

The latest figure compares with $1.15 billion in profits in the same quarter last year.

“We are disappointed by this performance and frustrated to have fallen short of the financial goals we set at the start of the year,” Centene CEO Sarah London said.

Read more from the St. Louis Post-Dispatch.

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