Keyword: Michael Neidorff
Legal challenges to the Affordable Care Act aren’t deterring Centene from its exchange business, officials said on Tuesday.
The latest in a series of shareholder lawsuits claims executives concealed HealthNet's massive tax liabilities.
While most insurers are largely insulated from massive changes to the ACA, Molina and Centene have a lot riding on the marketplace.
Centene CEO Michael Neidorff sees net pricing as the PBM model of the future. Analysts say vertical mergers could drive that shift.
After acquiring a 28% stake in RxAdvance, Centene plans to kick off a national rollout in 2018.
Despite some legal hurdles, the insurer profited handsomely from its individual market sector in Q2, paving the way for this move.
The funding round comes nearly seven months after Centene announced a strategic investment in the pharmacy benefit manager.
"Until a deal is done, it's not done," Centene CEO Michael Neidorff said during an earnings call on Tuesday.
Centene has added $14.2 billion in revenue in the second quarter of 2018 thanks to growth in ACA plans and the company's acquisition of Fidelis.
Another high profile insurance merger is complete, and Kentucky's governor is already slashing the state's Medicaid program.