Centene Corporation
Managed healthcare company that serves as a intermediary for government-sponsored programs
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| 2024 | Centene finalized discussions with Florida's Agency for Health Care Administration (AHCA) and agreed to return the $67 million, with $10 million sent to Hope Florida Foundation. |
| 2023 | Centene Corporation ranked No. 25 on the Fortune 500 list, highlighting its significant growth and prominence in the healthcare industry. |
| August 2023 | Sold Circle Health to PureHealth. |
| 2022 | Operose Health, owned by Centene, was accused of risking patient care by prioritizing profit in NHS GP services, with concerns raised about low GP staffing and lack of proper physician supervision. |
| September 2022 | Centene agreed to pay over $14 million to Massachusetts to resolve claims of overcharging the state's Medicaid program (MassHealth) for pharmacy benefits and services. |
| May 2022 | Announced divestment of two pharmacy organizations, Magellan Rx and PANTHERx Rare, for a total of $2.8 billion, exiting the pharmacy benefit management business. |
| March 2022 | Sarah London was appointed as the new chief executive officer of Centene, succeeding Michael Neidorff. |
| January 2022 | Centene completed settlements with Ohio, Mississippi, Illinois, Arkansas, and New Hampshire, totaling over $191 million related to Medicaid program overpayments. |
| January 2022 | Centene concluded state settlements related to Envolve's alleged Medicaid program overpayments, with total settlements exceeding $191 million. |
| January 2022 | Completed the acquisition of Magellan Health. |
| 2021 | Centene discovered and proactively notified Florida that it had overbilled the state $67 million. |
| 2021 | Operose Health, a UK subsidiary, took over a group of London practices, AT Medics. |
| December 2021 | Centene agreed to pay $27.6 million to Kansas to settle allegations of failing to disclose discounts and using strategies to obtain more profit from Kansas' Medicaid program. |
| December 2021 | Politan Capital Management acquired a $900 million stake in Centene, with CEO Michael Neidorff announcing his plans to retire by the end of 2022. |
| July 2021 | Gained full control of Circle Health. |
| June 2021 | Centene began settling with multiple states on behalf of Envolve (their pharmacy benefit manager subsidiary) for alleged Medicaid program overpayments, including settlements with Ohio, Mississippi, Illinois, Arkansas, and New Hampshire. |
| April 2021 | Health Net Federal Services, a Centene subsidiary, agreed to pay $97 million to settle allegations of duplicating or inflating claims submitted to the Department of Veterans Affairs. |
| January 2021 | Announced acquisition of Magellan Health for $2.2 billion. |
| 2020 | Michael Neidorff was identified as the highest-paid healthcare executive in the United States, earning nearly $25 million. |
| 2019 | Took a 40% stake in Circle Health through subsidiary MH Services, creating a national network of over 50 private hospitals. |
| March 2019 | Announced plans to acquire WellCare for US$17.3 billion. |
| December 2018 | Two pension funds sued Centene over its acquisition of Health Net, alleging damages and claiming the company concealed approximately $1B in past tax liabilities to California and potential Medicare fraud investigations at the time of acquisition. |
| January 2018 | A class action lawsuit was filed against Centene, alleging that Ambetter marketplace healthcare plans misled enrollees about plan benefits and made it difficult for patients to find medical providers accepting their policies. |
| 2017 | Began acquiring local healthcare services in the United Kingdom. |
| September 2017 | Announced acquisition of Fidelis Care, a nonprofit insurer in New York, for US$3.75 billion. |
| March 2016 | Finalized the acquisition of Health Net and Trillium Community Health Plan. |
| July 2015 | Announced acquisition of Health Net and Trillium Community Health Plan (serving Oregon). |
| 2014 | Fox News reported that Superior HealthPlan, a Centene joint-venture, initially denied coverage for an infant's brain cancer surgery at Texas Children's Hospital. Three days after the article was published, the company reversed its decision and covered the surgery. |
| 2014 | Began offering state-run Medicaid programs through Affordable Care Act exchanges. |
| 2011 | Formed Centurion, a correctional health care services joint venture with MHM Services. |
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