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Magellan sold its managed care division to Molina Healthcare in 2018. [11] 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]
In early 2021, Operose Health, a UK subsidiary of Centene, took over a group of London practices, AT Medics. [22] In May 2022, Centene announced that they had divested two pharmacy organisations as the company exited the pharmacy benefit management business. Centene divested Magellan Rx and PANTHERx Rare for a total of $2.8 billion. [23]
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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 ...
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Moody's placed Magellan's ratings under review for downgrade on May 1, 2020 when Magellan announced the decision to sell its Magellan Complete Care business for $850 million plus closing adjustments.
University of California, Berkeley: 14,444 2 Lawrence Berkeley National Laboratory: 3,735 3 Alta Bates Summit Medical Center: 3,100 4 City of Berkeley 1,658 5 Bayer: 1,500 6 Berkeley Unified School District: 1,200 7 Kaiser Permanente: 700 8 Pacific Steel: 600 9 Andronico's: 325 10 Berkeley City College: 300
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