(Reuters) – Health insurer Centene Corp reported a 26% rise in its quarterly profit on Tuesday, helped by strength in its government-backed Medicare and Medicaid health insurance business.
Net profit attributable to Centene rose to $738 million, or $1.27 per share, in the third quarter ended Sept. 30, compared with a profit of $584 million, or 99 cents per share, a year earlier.
(Reporting by Raghav Mahobe and Leroy Leo in Bengaluru; Editing by Vinay Dwivedi)