Two pension funds that own stock in Centene Corp. are suing the health insurer and certain directors and officers, claiming Centene acquired Health Net in 2016 for $6 billion without fully disclosing the company's significant financial problems.
Are insurers—now receiving hundreds of billions in public money—earning their Medicaid checks? When auditors, lawmakers and regulators bother to look, many conclude that Medicaid insurers fail to account for the dollars spent or deliver necessary care.
The American Medical Association and RAND Corp. release findings from a study assessing how physicians view new pay models. Also this week, earnings season continues.
Centene Corp. and Ascension signed a letter of intent to research launching a joint Medicare Advantage plan. The companies hope to hit several insurance markets in 2020.
Health insurer Centene Corp. grew revenue in the second quarter of 2018 by covering more members enrolled in the Affordable Care Act insurance exchanges and expanding its Medicaid business into new states.
Heavy hitters Anthem, HCA and UHS will release their Q2 earnings. Meanwhile, a House panel will delve into the MIPS program.
The foundation was created using the proceeds from the sale of the church's not-for-profit health plan, Fidelis Care, to publicly traded Centene Corp. for $3.75 billion.
For the past few financial quarters, the Affordable Care Act exchanges have driven higher revenue for St. Louis-based Centene. The three months ended March 31 were no exception.
The court ruled that Pennsylvania Department of Human Services officials wrongly met with Centene Corp. executives while choosing insurance carriers for the state's $12 billion in Medicaid contracts.
The deal between Centene and RxAdvance is the latest example of insurers buying or investing in PBMs to gain more control over pharmaceutical costs.
St. Louis-based Centene Corp. will buy primary-care provider Community Medical Group. The move is the latest in a string of deals pairing insurers with healthcare providers.
Washington's insurance commissioner fined Centene subsidiary Coordinated Care $1.5 million and briefly banned it from selling individual plans because of its inadequate provider network.