Centene Corporation is a healthcare company based in Clayton, Missouri. It was founded in 1984 by Ralph Neas. The company has a long history of providing healthcare services to underserved communities.
Centene Corporation operates a network of health plans across the United States, offering a range of services including Medicaid, Medicare, and the Health Insurance Marketplace. Its subsidiaries include Ambetter, Fidelis Care, and Health Net.
The company has a strong commitment to community health, with programs aimed at improving health outcomes and reducing healthcare costs. Centene's subsidiary, Fidelis Care, provides health insurance to over 1.7 million people in New York state.
Additional reading: Publicly Traded Healthcare Companies
Company News
Centene Corporation has made significant announcements in recent years.
In 2020, the company announced a major expansion of its Medicaid business, with a focus on improving healthcare outcomes for low-income individuals and families. This move marked a significant shift in the company's strategy, with a greater emphasis on value-based care.
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Centene's acquisition of Fidelis Care in 2020 added over 1.5 million members to its Medicaid portfolio, expanding its reach in the New York market.
The company has also made significant investments in digital health technologies, including a partnership with a leading telehealth provider to expand access to virtual care services.
Centene's commitment to improving healthcare outcomes for its members is evident in its efforts to reduce hospital readmissions and improve chronic disease management.
Explore further: Fidelis Care Centene
Frequently Asked Questions
What is the Centene Corporation controversy?
Centene Corporation, a national healthcare company, was accused of overcharging California's Medi-Cal program by misreporting prescription drug costs. The company agreed to a $215 million settlement over the alleged false claims.
Who did Centene merge with?
Centene merged with WellCare Health Plans, Inc. in a $17.3 billion deal.
What did Centene used to be called?
We were originally known as Family Hospital Physician Associates (FHPA) when we were founded in 1984.
Sources
- https://www.timesnewspapers.com/westendword/news/centene-outlines-benefits-of-expansion/article_5e5ab665-bffa-5448-a519-e40aad0090f3.html
- https://www.commercialcafe.com/commercial-property/us/mo/clayton/centene-plaza-building-c/
- https://www.ksdk.com/article/news/local/business-journal/centenes-pause-more-clayton-development/63-356270da-4cf8-42e9-ba06-b28c485e7d30
- https://www.stlpr.org/economy-business/2017-04-21/multi-million-dollar-centene-expansion-underway-in-clayton
- https://www.laduenews.com/business/promotions/centene-plaza/article_20821d9d-7336-51bd-b8e2-69c64a4fa4f1.html
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