Here’s how Centene is thinking about M&A as it tackles its value creation plan

A part of that work has been taking a critical eye to other segments of the company to determine which are the most valuable assets to continue building up those core elements. For example, the government insurance giant has decided to oust the pharmacy benefit management business, and as such announced the sale of two subsidiaries to a private equity firm last week.

Although the company is considering strategic divestitures, it doesn’t mean that acquisitions are fully off of the table, Chief Financial Officer Drew Asher said Tuesday during a session...