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Now the fourth-largest insurer, Centene more than doubled its Medicare Advantage footprint with a key acquisition of rival WellCare this year.
Centene offers affordable and high-quality products to nearly 1 in 15 individuals across the nation, including Medicaid and Medicare members (including Medicare Prescription Drug Plans) as well as individuals and families served by the Health Insurance Marketplace, the TRICARE program, and individuals in correctional ...
Centene finalized its acquisition of WellCare Health Plans in January, and integrating the two companies was a major undertaking over the course of this year. The $17 billion merger created one of the largest sponsors of government coverage in the country.
Centene was founded in 1984 as a nonprofit Medicaid plan by a former hospital bookkeeper, Elizabeth \u201cBetty\u201d Brinn. The business, operated in the basement of Family Hospital in Milwaukee, built its guiding principles on Brinn's experiences growing up in a Milwaukee County orphanage.
Centene Corporation is a publicly traded managed care company based in St. Louis, Missouri. It serves as an intermediary for government-sponsored and privately insured health care programs. Centene ranked No....Centene Corporation. TypePublic companyNumber of employees~71,300 (December 2020)Websitewww.centene.com13 more rows
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Centene Corporation is a publicly traded managed care company based in St. Louis, Missouri. It serves as an intermediary for government-sponsored and privately insured health care programs. Centene ranked No....Centene Corporation. TypePublic companyNumber of employees~71,300 (December 2020)Websitewww.centene.com13 more rows
Less than six months after closing the Magellan Health acquisition, the insurer will sell its Magellan Rx pharmacy services arm to Prime Therapeutics, a pharmacy benefit manager. The company will sell PANTHERx Rare to private equity firms Vistria Group, General Atlantic and Nautic Partners.
The main lines of Centene include: Medicaid. ACA health insurance marketplace. Medicare. Tricare. Correctional healthcare.
As a diversified healthcare enterprise, Centene is committed to helping people live healthier lives.
Centene acquired PANTHERx in December 2020. Centene intends to use the majority of the net proceeds from the sale to repurchase stock and the balance to reduce debt. Centene Corporation, a Fortune 500 company, is a leading healthcare enterprise that is committed to helping people live healthier lives.

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