Health Net Federal Services and its corporate parent, Centene (CNC) Corporation, have agreed to pay $11,253,400 to resolve claims that HNFS falsely certified compliance with federal contractor cybersecurity requirements, Acting U.S. Attorney Michele Beckwith announced. The cybersecurity requirements were contained in a contract between HNFS and the U.S. Department of Defense to administer the Defense Health Agency’s health insurance program TRICARE for servicemembers and their families, the DOJ stated.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CNC:
- Centene price target lowered to $72 from $76 at Wells Fargo
- Centene’s Growth Potential Amidst Challenges: A Buy Rating from Stephen Baxter
- Centene put volume heavy and directionally bearish
- Trump Trade: President advocates to close carried interest tax loophole
- Centene Poised for Growth: Buy Rating Affirmed Amid Strong Financial Performance and Positive Outlook