Centene Corp. last week finalized its sale of Apixio, its artificial intelligence value-based care platform, to New Mountain Capital. “We are confident this transaction will best position Apixio to expand its impact as a leading artificial intelligence platform that enables value-based care programs across the country,” Centene CEO Sarah London said in a statement. The company has been working to divest its “non-core assets” since 2021. Centene’s insurance units currently enroll 21,669,643 people nationwide, with 69.2% enrolled in managed Medicaid, and 9.6% enrolled in Affordable Care Act marketplace products.
Source: AIS’s Directory of Health Plans