Centene Corp - Current report filing (8-K)
November 21 2007 - 10:42AM
Edgar (US Regulatory)
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
Current
Report
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date
of report (Date of earliest event reported): November 16,
2007
CENTENE
CORPORATION
(Exact
name of registrant as specified in its charter)
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Delaware
(State
or other jurisdiction of incorporation)
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000-33395
(Commission
file number)
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42-1406317
(IRS
Employer Identification
No.)
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7711
Carondelet Avenue, St. Louis, Missouri 63105
(Address
of principal executive office and zip code)
Registrant’s
telephone number, including area code:
(314) 725-4477
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
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o
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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o
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b))
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o
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR 240.13e-4(c))
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ITEM
1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On
November 16, 2007, Peach State Health Plan, Inc., a subsidiary of
Centene Corporation, executed Amendment #2 to its contract with the Georgia
Department of Community Health, or DCH, to provide healthcare benefits and
services to Medicaid and SCHIP recipients in the State of
Georgia. The amendment is effective by its terms as of July 1, 2007
and changes the applicable capitation rates for the renewal period through
June
30, 2008. We expect the revised capitation rates to provide an
increased effective yield of approximately 3.8% beginning October 1,
2007. The contract is eligible for four additional one-year renewal
periods. The agreement may be terminated by DCH under the terms
specified in the contract. The original agreement is filed as Exhibit 10.1
to
our Form 8-K filed on July 22, 2005.
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
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Date:
November 21, 2007
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CENTENE
CORPORATION
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By:
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/s/
J. Per Brodin
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J.
Per Brodin
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Senior
Vice President and Chief Accounting Officer
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