- American City Business Journals•14 hours ago
Centene Corp. Chairman, President and CEO Michael Neidorff said Tuesday that the managed care company is not interested in bidding for assets that may become available as large health insurers seek to divest divisions to win regulatory approval for their pending mergers. Earlier this month, the U.S. Department of Justice sued to stop Anthem Inc.’s planned $54 billion purchase of Cigna Corp. and Aetna Inc.’s $37 billion buyout of Humana Inc., saying the deals would eliminate competition and the lower premiums that come with it. Previous reports had hinted that Centene could be among interest bidders for plans the large insurers could seek to sell in their push for regulatory approvals.
We keep the tough going with 2,300 convenient locations, 6,500 helpful employees & a 97% customer satisfaction rating. Talk about strength in numbers.
- Investor's Business Daily•15 hours ago
Centene reported blowout Q2 earnings, but the stock tumbled after the health insurer reported hefty ObamaCare losses from newly acquired Health Net.
Pre-Market: 69.500.63 (0.91%) as of 8:12 AM EDT
|Bid||69.00 x 200|
|Ask||69.50 x 100|
|52wk Range||47.36 - 75.57|
|Day's Range||63.47 - 72.49|
|Avg Vol (3m)||1,989,244|
As of 4:00 PM EDT. Market closed.