morning, thank Centene's for Good Ed. earnings you, and call. you everyone joining Thank quarter XXXX second
on discuss and of second morning's course our products. results the call, provide this quarter and will we During updates Centene's markets
We commentary will recent -- will and Care provide legislative also regulatory around we the Fidelis discuss additionally and environment. closing acquisition healthcare legislation the
with begin me Fidelis. Let
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the accretion to first teens the following low EPS expect months the accretive XX accretion second We transaction percentage full-year in adjusted to percentage and high We adjusted single-digit be the close, in EPS. to the EPS to immediately GAAP mid close. to following anticipate
The medical We the synergies to also and adjusted and closing. in a synergies. two. On $XX add management run the was to synergies million will basis, specialty approximately to anticipate XX billion $XX primarily including year portion net million rate net over generating revenue in be expect months, in EBITDA, These first process we of integration services. $XXX pre-tax Fidelis million in in in synergies planning attributable net pre-tax over $XXX prior our and programs completed
did provide seamless work team day and is and We able as expected. combination. running, to to the were the integration a Our hit of close than integration expected or extensive smooth better the the ground progressing
on healthcare payments to regulatory and environments. of This its of pursuant adjustment leadership position congressional administration resolution the In the timely with for Department update July, Mexico appeal early are New XXXX. of Next, with took the the Federal is has it Justice, made seeking and along a administration freeze XXXX The discussions this I matter. an risk the clear legislative will that pending Court's decision. they the provide to
to for was Centene Consistent final see with the CMS to advocate fair pleased policy, resolution the which and week continue to approach the of to our adjustment had public allow risk for resumption the CMS risk it the to to issue. designed. program would expect adjustment sound rule for that will that continue payments. in manner that OMB we're an Last will We a bring clarity interim
bottom recipients. strong growth. We're of XXXX. solid quarter second was over onto line second by to quarter XXX,XXX XXXX XX.X of quarter report marked Now and top approximately end pleased This another increase at an Membership quarter financials. represents the beneficiaries million
share previewed the This in per on in California's as of attributable of including growth health adjusted MLR. in business. This growth updated prepared space. the with increased ratio billion. his increased excludes The and reinstatement quarterly to expense XX.X%. HBR Second pattern XX basis remarks. earnings expectations, comment the diluted This to The SG&A charge adjusted to A X.X%. a Investor guidance June year. charge marketplace revenues to Day. quick in our year-over-year cost. was primarily adjusted financial minimum was medical retroactive quarter marketplace to our second year-over-year points insurance $X.XX basis earnings points reflect XXXX year-over-year the business quarter XX further reported developed Consistent related in at to $X.XX last We provide a to XX% have details net similar Jeff $XX.X will decreased the our
We anticipate trends. stable our the to as with see well medical as expectations digits. in continue cost consistent overall This single low is
onto and Moving product market updates.
recent Medicaid discuss First, we will activity.
operating April. sequential approximately significantly came under the members. footprint Medicaid the XXX,XXX This with began Implementation contract on we of XXX,XXX Illinois XXXX, approximately in region Care a contract At beneficiaries, expanded program. membership Managed dates during increase we vary statewide increased During most representing of and a state. by Centene's served end, quarter
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and and providing under We we will presence regions have the MMA XX comprehensive operating care all state. services contract now new expanded in be statewide long-term the our to
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an Centene an incumbent. XXX,XXX state. program this was are behavioral The to July provides to it as Medicaid care X, and was is including existing to and We contract long-term Iowa pleased Health This not Washington. contract beneficiaries health commence XXXX. the in have contract over expected integrated managed reprocurement on a care coverage, won of claims
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phased RSAs it five fully be health. We total initiates will behavioral implemented. be is and two will This once physical The in contract program new a serving now of stages.
X, the to June, the to Centene program Medicaid all January new beneficiaries to successfully X, serve regions program In Kansas. to XXXX. and expected its is January re-procured under commencing Washington. Can Centene This The care in on statewide. begin XXXX, on continues first January foster serve X, our second Care XXXX. contract contract
to May, awarded July Centurion, contract detainees of Centurion comprehensive Next, Arizona. Arizona Pima facilities juvenile commenced on services County, healthcare and in adult X. detention In to that provide a was
We the X,XXX county's are wide behavioral detainees. to array dental health providing daily population approximately of medical of a services
X. These Florida, New in Additionally, contracts Centene on renewed Hampshire correctional all new commenced July Tennessee. and contracts
behavioral and Counseling In we term year-over-year June than At served to next where Services. Net XX, X-year Military XXX,XXX deployed. awarded we is counselors U.S members. generation this The Medicare. This XX,XXX up XX contract. beneficiaries. Program periods/ Federal United contract, throughout years U.S a territories, the Under Net Family & Health including more Now Health option assignments deploy is and represents MMP On military was multiple approximately increase on contract health Medicare Services of Life countries Federal license States, the July, the will
Medicare the Advantage long-term. we're remain assuming business We With York. successful focused close Medicare on a Fidelis New the acquisition, in members the of now building over
be driver of to We expect a rate. business this growth our annual significant
business marketplace continue to members, consistent well second X.X with served At exchange we and states. offer decline rate of in in million to The marketplace. This attrition beneficiaries. quarter, approximately normal over line June perform is and Insurance Health our XXX,XXX due our outlook. Fidelis, sequential we XX, in serve expectations. is exchange Next, now the expectations. with Shifting our gears products Including to XX representing
strength composite second a capabilities. evidence X% further government as and enterprise, XXXX. a healthcare of an results to Fidelis Medicaid our In diversified enhances acquisition continue quarter our of adjustment approximately operational in Centene's conclusion, position sponsored and healthcare. strong in leader We rate financial of scale of are The a expect increase continued
growth opportunities Our robust. pipeline of remains
the enable continuing capabilities. Jeff. as continue to to for turn call for well our people and continued We in your growth Centene over other as us sustain to And margins. interest thank will the will to by in invest future expand now our systems, you I positioning are Centene. We This
