Centene Corp News

Managed Care Firm Centene to Pay $55.5M to Settle Mississippi Overcharging Claim

JACKSON, Miss. — A managed care company has agreed to pay Mississippi $55.5 million to settle a lawsuit that accused one of its subsidiaries of overcharging the state’s Medicaid program for pharmacy benefits management. Attorney General Lynn Fitch and Auditor …

Centene Reserves Additional $1.1 Billion to Settle Pharmacy Disputes

Centene Corp. agreed to pay settlements to Ohio and Mississippi to resolve claims that it inflated pharmacy costs, and the health insurer reserved $1.1 billion to resolve similar claims in other states. Centene, the country’s largest seller of Medicaid health …

Insurer Centene to Buy Magellan for $2.2 Billion to Expand Its Mental Health Services

Health insurer Centene Corp. said on Monday it has agreed to buy Magellan Health Inc. in a $2.2 billion deal including debt, looking to build up its mental health services as more Americans struggle with COVID-19-related behavioral and anxiety issues. …

Obamacare Insurers Struggle to Set Plans Amid Threats to Program

Obamacare is stuck in limbo, and insurers and state regulators are struggling to set their plans for what’s increasingly shaping up as a chaotic year for the health-care program. After the failure of Republicans’ first attempt to repeal and replace …

Centene Says Missing Hard Drives Hold Information on Nearly 1 Million

Centene Corp., a St. Louis, Mo.-based healthcare enterprise that provides products and services to government sponsored healthcare programs, announced an ongoing comprehensive internal search for six hard drives that are unaccounted for in its inventory of information technology (IT) assets. …