1859:
334:
40:
292:
270:
248:
226:
201:
391:
Centene went public in
December 2001. In 2006, the firm acquired US Script, a pharmacy benefits manager. The company later merged US Script with subsidiaries to form its Envolve divisions. In 2011, the firm formed Centurion, a provider of correctional health care services, as a joint venture with MHM
511:
recipients. The article reported that
Superior HealthPlan had previously paid healthcare claims for the infant at the hospital, although Superior HealthPlan stated that it did not cover procedures at the facility. Three days after the article was published, Superior HealthPlan reversed its decision
515:
In
January 2018, a class action lawsuit accused Centene's Ambetter marketplace healthcare plans of misleading enrollees about plan benefits. According to the lawsuit, people who bought Centene's plans had difficulty finding medical providers that accepted patients covered under Centene's policies.
543:
said he was worried to see physician associates saying they were not receiving the supervision they needed. The practice had a backlog of thousands of medical test results and hospital letters on their computer systems. Operose said 97% of its practices were rated "good" or "outstanding" by the
597:
In
September of 2022, Centene Corporation will pay more than $ 14 million to Massachusetts's to resolve claims that it overcharged the state Medicaid program, MassHealth, millions of dollars for pharmacy benefits and services provided by subsidiary companies.
436:
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.
384:, in 1984. After the death of Brinn, the non-profit organization was sold to investors, with the proceeds going to the Betty Brinn Foundation, which subsequently became a major shareholder in Centene. In 1996,
1023:
534:
In 2022 Operose Health had almost 600,000 NHS patients and was the largest supplier of GP services to the NHS. It was accused of putting patients at risk by prioritising profit, specifically by hiring
1916:
422:, as part of a deal which created a national network of over 50 private hospitals. Centene gained full control of Circle Health in July 2021, and sold the business to PureHealth in August 2023.
1104:
492:
In
December 2021, Politan Capital Management took a $ 900 million stake in Centene. Following the agreement, CEO Michael Neidorff announced plans to retire by the end of 2022.
539:, because they were cheaper than GPs. At Operose practices the average number of full time equivalent GPs per patients is about half the average in English practices. Sir
556:
In April 2021, Health Net
Federal Services, a subsidiary of Centene, agreed to pay $ 97M to settle allegations that it had duplicated or inflated claims submitted to the
1156:
1931:
1329:
563:
Between June 2021 and
January 2022, Centene agreed to settlements with several states on behalf of their subsidiary, Envolve, a pharmacy benefit manager, including
1951:
1906:
1719:
1693:
1380:
845:
1432:
922:
1745:
418:
In the United
Kingdom, Centene began to acquire local healthcare services in 2017. In 2019, Centene, through its subsidiary MH Services, took a 40% stake in
1406:
1822:
622:
1926:
1465:
1129:
951:
377:
1303:
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Services. In 2018, it acquired MHM Services, including its stake in
Centurion. Centene began offering state-run Medicaid programs through
1666:
1533:
1200:
977:
583:
to resolve allegations of overpayments to the PBM from the states' Medicaid programs. The settlements have totaled over $ 191 million.
454:
801:
1941:
1514:
607:
1354:
1488:
1797:
650:
523:
resulted in damages to Centene and exposed the company to potential liability. The suit also alleged that Centene concealed that
364:, which is an intermediary for government-sponsored and privately insured healthcare programs. Centene ranked No. 25 on the 2023
888:
1946:
1277:
642:
1911:
617:
590:
to settle allegations that it had failed to disclose discounts and used other strategies to obtain more profit from Kansas'
507:. Superior HealthPlan is a joint-venture of Centene and Community Health Centers Network LP, which provides services for
1024:"Centene Completes Acquisition of Magellan Health, Establishing a Leading Behavioral Health Platform at a Critical Time"
503:
In 2014, Fox News alleged that Superior HealthPlan of Texas denied coverage of an infant's surgery for brain cancer at
217:
852:
1585:
1002:
1226:
1873:
1823:"AG Healey Secures $ 14 Million in Settlement With Nation's Largest Medicaid Managed Care Insurer | Mass.gov"
1896:
612:
504:
457:
1457:
1054:
403:. In March 2016, it finalized its acquisition On September 12, 2017, it announced that it would acquire
690:
738:
407:, a nonprofit insurer in New York, for US$ 3.75 billion. In March 2019, it announced plans to acquire
1381:"Centene CEO Neidorff raked in nearly $ 25M last year. Take a look what other insurance execs earned"
720:
489:
was the highest paid healthcare executive in the United States in 2020, earning nearly $ 25 million.
528:
462:
17:
1081:
869:
495:
In March 2022, Sarah London was named chief executive officer of the company, replacing Neidorff.
1720:"Centene to pay more than $ 140M to settle Medicaid overpayment allegations in Ohio, Mississippi"
1694:"Centene to pay more than $ 140M to settle Medicaid overpayment allegations in Ohio, Mississippi"
927:
545:
162:
67:
519:
In December 2018, Centene was sued by two pension funds alleging that Centene's acquisition of
527:
owed approximately $ 1B in past tax liabilities to California and was under investigation for
1746:"Centene to pay more than $ 71M to settle Medicaid overpayment cases in Illinois, Arkansas"
482:
205:
1330:"Lavishly paid and unapologetic. Company at center of Medicaid scandal focuses on profits"
27:
Managed healthcare company that serves as a intermediary for government-sponsored programs
8:
1082:"Takeover of BMI Healthcare by hedge fund-backed Circle Health is part of expansion push"
846:"Centene to Combine with Health Net in Transaction Valued at Approximately $ 6.8 Billion"
536:
393:
138:
1858:
333:
1157:"NHS GP practice operator with 500,000 patients passes into hands of US health insurer"
1105:"Circle Health announces major investment programme as US Centene takes over ownership"
1593:
896:
486:
385:
283:
185:
1252:"How the WellCare acquisition is driving Centene's approach to Medicare Advantage"
664:
952:"Centene to buy smaller rival WellCare Health Plans in deal worth $ 17.3 billion"
412:
411:
for US$ 17.3 billion. On January 4, 2021, it was announced that it would acquire
1868:
1667:"Health Net Federal Services Pays over $ 97M for Overstated Billings to the VA"
540:
426:
354:
50:
1515:"Texas baby improves after brain surgery allowed by insurer's change of heart"
1890:
1644:
1620:"Lawsuit accuses Centene of concealing Health Net problems from shareholders"
1597:
900:
580:
419:
58:
802:"Centene's Neidorff: WellCare acquisition has cleared final state approvals"
1534:"Centene slapped with lawsuit over provider networks in ACA exchange plans"
1201:"Centene slapped with lawsuit over provider networks in ACA exchange plans"
404:
357:
93:
39:
1433:"Centene Promotes Tech And Healthcare Strategist Sarah London To CEO Job"
1407:"Centene's Neidorff To Step Down As CEO Amid Deal With Activist Investor"
1028:
568:
365:
889:"Centene to Acquire Its Managed Care Rival Health Net for $ 6.8 Billion"
524:
520:
400:
239:
179:
76:
1878:
1175:"Centene divesting two pharmacy businesses for combined $ 2.8 billion"
415:
for $ 2.2 billion. On January 4, 2022, the acquisition was completed.
71:
1560:"Lawsuit accuses Centene of misleading customers on narrow ACA plans"
430:
429:, a UK subsidiary of Centene, took over a group of London practices,
381:
361:
98:
1489:"Parents fight insurance company to keep baby's cancer surgery docs"
1772:"Centene to pay $ 21 mln to settle New Hampshire overcharge claims"
1645:"UK's biggest GP chain replacing doctors with less qualified staff"
1278:"DOD Releases Draft RFP for New $ 58 Billion Health Care Contracts"
1130:"PureHealth acquires UK private healthcare group for $ 1.2 billion"
591:
576:
572:
508:
449:
408:
467:
1917:
Pharmacy benefit management companies based in the United States
587:
1798:"Centene to pay $ 27.6M to settle PBM investigation in Kansas"
1586:"Health Insurer Centene Is Sued Over Lack of Medical Coverage"
1304:"Centene Acquisition Bolsters Its Prison Healthcare Business"
777:"Centene Invests Stake In Pharmacy Benefit Manager RxAdvance"
261:
1852:
923:"Centene Agrees to Buy Fidelis Care in $ 3.75 Billion Deal"
921:
Mathews, Anna Wilde; Armental, Maria (September 12, 2017).
870:"Centene completes Health Net deal after protracted review"
564:
324:
827:
978:"Centene completes $ 17B acquisition of Tampa's WellCare"
643:"Centene Corporation 2023 Annual Report (Form 10-K)"
399:
On July 2, 2015, Centene announced it would acquire
1551:
1055:"US company in takeover of network of GP practices"
691:"Managed Health's new parent plots Medicaid growth"
623:
Companies listed on the New York Stock Exchange (C)
586:In December 2021, Centene agreed to pay $ 27.6M to
721:"Health services: Michael Neidorff, Centene Corp"
1932:Financial services companies established in 1984
1888:
1003:"Centene acquires Phoenix-based Magellan Health"
1952:Health insurance companies of the United States
1907:Companies listed on the New York Stock Exchange
920:
1122:
914:
1857:
820:
332:
38:
1927:Health care companies established in 1984
608:List of United States insurance companies
1795:
1743:
1717:
1691:
1617:
1378:
1327:
739:"Centene launches IPO at $ 14 per share"
1922:Health care companies based in Missouri
1864:Business data for Centene Corporation:
1769:
1583:
1468:from the original on September 18, 2002
1154:
1079:
651:U.S. Securities and Exchange Commission
388:joined the company as chief executive.
14:
1937:American companies established in 1984
1889:
1744:Minemyer, Paige (September 30, 2021).
1557:
1512:
1486:
1102:
688:
531:fraud at the time of the acquisition.
1902:Medicare and Medicaid (United States)
1531:
1049:
1047:
749:from the original on January 31, 2003
701:from the original on February 2, 2003
618:Health insurance in the United States
1796:Minemyer, Paige (December 7, 2021).
1618:Anderson, Mark (December 24, 2018).
1355:"18 highest-paid CEOs in healthcare"
1227:"Centene completes Fidelis Care buy"
1155:Kollewe, Julia (February 26, 2021).
975:
886:
770:
768:
766:
764:
440:
1487:Corbin, Cristina (March 24, 2015).
1080:Plimmer, Gill (November 29, 2019).
689:Trewyn, Phill (February 17, 2002).
635:
445:The main lines of Centene include:
24:
1584:Abelson, Reed (January 11, 2018).
1532:Small, Leslie (January 12, 2018).
1513:Corbin, Cristina (July 12, 2014).
1430:
1404:
1379:Minemyer, Paige (April 30, 2021).
1301:
1073:
1044:
976:Ward, Brendan (January 23, 2020).
774:
380:as the Managed Health Services in
25:
1963:
1844:
1770:Raymond, Nate (January 7, 2022).
1718:Minemyer, Paige (June 14, 2021).
1692:Minemyer, Paige (June 14, 2021).
1328:Schladen, Marty (June 28, 2021).
949:
761:
1942:1984 establishments in Wisconsin
1558:Bryant, Meg (January 12, 2018).
498:
481:In June 2021, an article in the
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1458:"Superior HealthPlan names CEO"
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1134:www.clinicalservicesjournal.com
1103:Davies, Maria (July 14, 2021).
1096:
1016:
995:
969:
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880:
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342:Footnotes / references
931:. New York City, United States
851:. July 4, 2015. Archived from
838:
794:
731:
713:
682:
657:
558:Department of Veterans Affairs
551:
13:
1:
1947:2001 initial public offerings
1359:www.beckershospitalreview.com
628:
613:List of S&P 500 companies
476:
309:
1912:Companies based in St. Louis
458:health insurance marketplace
7:
887:Bray, Chad (July 2, 2015).
601:
113:; 40 years ago
10:
1968:
725:St. Louis Business Journal
665:"Centene 2022 Fortune 500"
371:
512:and covered the surgery.
505:Texas Children's Hospital
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928:The Wall Street Journal
546:Care Quality Commission
472:Correctional healthcare
376:Centene was founded by
129:Elizabeth "Betty" Brinn
745:. December 13, 2001.
1647:. BBC. June 13, 2022
1334:Ohio Capital Journal
1282:Bloomberg Government
874:Modernhealthcare.com
828:"Corporation - Home"
653:. February 20, 2024.
537:physician associates
483:Ohio Capital Journal
382:Milwaukee, Wisconsin
1897:Centene Corporation
1624:www.bizjournals.com
1462:www.bizjournals.com
982:www.bizjournals.com
743:www.bizjournals.com
695:www.bizjournals.com
396:exchanges in 2014.
394:Affordable Care Act
362:St. Louis, Missouri
351:Centene Corporation
305:Number of employees
139:St. Louis, Missouri
34:
33:Centene Corporation
1590:The New York Times
1464:. March 20, 2002.
1207:. January 12, 2018
1179:Healthcare Finance
1061:. February 4, 2021
893:The New York Times
808:. December 5, 2019
485:reported that CEO
158:Sarah London (CEO)
94:Managed healthcare
32:
1802:Fierce Healthcare
1750:Fierce Healthcare
1724:Fierce Healthcare
1698:Fierce Healthcare
1538:Fierce Healthcare
1385:Fierce Healthcare
1258:. October 8, 2020
1136:. August 31, 2023
1109:LaingBuisson News
1084:. Financial Times
1032:. January 4, 2022
876:. March 24, 2016.
441:Business segments
360:company based in
348:
347:
16:(Redirected from
1959:
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1256:FierceHealthcare
1248:
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1205:FierceHealthcare
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858:on July 4, 2015.
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806:FierceHealthcare
798:
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727:. June 16, 2002.
717:
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639:
487:Michael Neidorff
386:Michael Neidorff
336:
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296:US$ 25.9 billion
294:
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274:US$ 84.6 billion
272:
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252:US$ 2.70 billion
250:
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230:US$ 2.93 billion
228:
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218:Operating income
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1673:. April 6, 2021
1671:www.justice.gov
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1564:Healthcare Dive
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425:In early 2021,
413:Magellan Health
378:Elizabeth Brinn
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