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[3] [1] The board of Fidelis sold the plan to Centene for $3.75 billion. [1] As part of the purchase agreement, the Mother Cabrini Health Foundation was created and funded with $3.2 billion from the sale. [1] [4] The foundation awarded its first round of grants for year-end 2019 to benefit programs in 2020, totaling approximately $150 million.
Centene Corporation is an American for-profit healthcare company based in St. Louis, Missouri, which is an intermediary for government-sponsored and privately insured healthcare programs. Centene ranked No. 25 on the 2023 Fortune 500 .
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 ]
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 ...
Fidelis Care was formed in 1993 as the NYC Catholic Health Plan Inc. [2] by the Catholic Medical Center of Brooklyn and Queens, Inc. and the Diocese of Brooklyn to serve the poor and medically underserved.
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A product of the foster care system, Brinn was committed to serving low-income populations and the most vulnerable in our communities, a dedication Centene still values today. The strong foundation set by Brinn was one of the key elements that helped transform the company from a single state health plan to a global leader in the healthcare ...