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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]
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 ...
Evolent Health Inc (NYSE: EVH) has agreed to acquire NIA (also known as Magellan Specialty Health), the specialty benefit management organization owned by Centene Corporation (NYSE: CNC).
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In 2018, Neidorff was one of the executives named in a lawsuit claiming that Centene failed to disclose Health Net's potential tax exposure prior to their acquisition. [ 12 ] In April 2020, Neidorff joined the White House economic recovery task force on reopening the United States after the COVID-19 pandemic . [ 13 ]
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