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Centene began offering state-run Medicaid programs through Affordable Care Act exchanges in 2014. [7] In July 2015, Centene announced it would acquire Health Net. [8] [9] [10] In March 2016, it finalized its acquisition [11] In September 2017, it announced that it would acquire Fidelis Care, a nonprofit insurer in New York, for US$3.75 billion ...
Health Net, LLC, a subsidiary of Centene, is an American health care insurance provider. Health Net and its subsidiaries provide health plans for individuals, families, businesses and people with Medicare and Medicaid, as well as commercial, small business, and affordable care insurance. [1] [2] In 2016, Centene acquired Health Net for $6.8 ...
On January 4, 2021, it was announced Centene Corporation would acquire the company for $2.2 billion. [12] On January 4, 2022, the acquisition was completed. [13] Centene divested Magellan Rx in 2022 to Prime Therapeutics. [14] Centene announced the sale of Magellan Specialty Health to Evolvent Health in 2022. [15]
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S&P MidCap 400 constituent Centene Corp. (NYSE: CNC) replaced Ensco plc (NYSE: ESV) in the S&P 500. FR: First Industrial Realty Trust: HNT: Health Net: Centene acquired Health Net. March 8, 2016: NJR: New Jersey Resources: SFG: StanCorp Financial: Meiji Yasuda Life Insurance Co. acquired StanCorp Financial. [266] March 7, 2016: HR: Healthcare ...
On Friday, Centene Corporation (NYSE:CNC) third-quarter sales of $42.02 billion, up 10.5% year-over-year, beating the consensus of $37.69 billion. Centene earned an adjusted EPS of $1.62 during ...
In January 2017 Care1st Health Plan Arizona, a subsidiary of Care1st Health Plan and Blue Shield of California affiliate was acquired. [31] Wellcare purchased Universal American [32] and Phoenix Health Plan, formerly a subsidiary of Abrazo Community Health Network, a subsidiary of Tenet Healthcare in May 2017. [33] [34]