Datapoint: Centene Strikes $2.2 Billion Deal for Magellan

Centene Corp. on Monday said it has entered an agreement to acquire Magellan Health, one of the largest independent providers of behavioral health services in the U.S. Its payer clients include Blue Cross and Blue Shield of Texas (5.9 million lives) Blue Shield of California (3.3 million lives) and Independence Blue Cross (1.8 million lives). Centene operates its own in-house behavioral health unit, Cenpatico, which serves most of its 20.0 million lives. The deal, valued at $2.2 billion, is expected to close in the second half of 2021, pending regulatory approval.

Source: AIS’s Directory of Health Plans

0 Comments
© 2024 MMIT
AIS Health Staff

AIS Health Staff

Related Posts

businessman-using-laptop-computer-and-digital-tablet-analyzing-sales-data-and-graph-chart
April 11

Datapoint: Amylyx Pulls ALS Drug Off the Market

Read More
businessman-using-laptop-computer-and-digital-tablet-analyzing-sales-data-and-graph-chart
April 10

Datapoint: FDA Grants J&J’s Carvykti Earlier, Expanded Use in Multiple Myeloma

Read More
businessman-using-laptop-computer-and-digital-tablet-analyzing-sales-data-and-graph-chart
April 9

Datapoint: GA Medicaid Expansion Could Bring Coverage to 300,000 People

Read More

GAIN THERAPEUTIC AREA-SPECIFIC INTEL TO DRIVE ACCESS FOR YOUR BRAND

Sign up for publications to get unmatched business intelligence delivered to your inbox.

subscribe today