From today's USA Today
[I]Centene, the nation's largest Medicaid managed care plan provider, agreed Tuesday to buy Fidelis Care for about $3.75 billion, a move to enter the lucrative New York state market.
Under the deal, Fidelis, which sells health insurance plans to New York state residents and has 1.6 million members, will become Centene's health plan in the state.
The acquisition allows Centene, based in St. Louis, to have a sizable presence in the country's four largest states in health insurance membership – California, Florida, New York and Texas.
Centene specializes in Med
Source of insurance-forums.net
[I]Centene, the nation's largest Medicaid managed care plan provider, agreed Tuesday to buy Fidelis Care for about $3.75 billion, a move to enter the lucrative New York state market.
Under the deal, Fidelis, which sells health insurance plans to New York state residents and has 1.6 million members, will become Centene's health plan in the state.
The acquisition allows Centene, based in St. Louis, to have a sizable presence in the country's four largest states in health insurance membership – California, Florida, New York and Texas.
Centene specializes in Med
Comments
Post a Comment