Becker's Healthcare August 2, 2022
Centene is one of the nation’s largest health insurers by membership. Here are 12 updates from the company in the last 60 days:
1. Centene completed the sale of its specialty and rare drug pharmacy Pantherx to Vistria Group, General Atlantic and Nautic Partners July 14. The payer said it intends to use most of the sale proceeds to repurchase stock and the balance to reduce debt.
2. Centene subsidiary Delaware First Health was awarded a statewide Medicaid managed care contract July 12. With the Delaware contract, Centene is entering its 30th managed care state.
3. Centene subsidiary Health Net released a report July 7 on early lessons it has learned from participating in California’s overhaul of its Medicaid system....