Centene

Centene provides healthcare solutions to families and individuals in order for them to get well, stay well, and be well. Centene Corporation is a managed healthcare enterprise at the forefront of innovation and growth for government-sponsored and commercial healthcare, providing access to fully integrated, high-quality, and cost-effective services that help people lead healthier lives. 

The company’s local approach addresses the needs of underinsured and uninsured individuals who often lack the resources required to sustain optimal health and wellness. Centene began as a single health plan in Milwaukee, Wisconsin in 1984. After an initial period of growth, Michael Neidorff joined as President and Chief Executive Officer (CEO) in 1996, moving Centene’s headquarters to St. Louis, Missouri, where it still resides today. 

In the decades since its humble beginnings, Centene has transformed into a publicly-traded Fortune 500 company serving communities across the United States. In fact, Centene provides coverage in all 50 U.S. states. More than 26 million Americans rely on Centene to access a wide range of insurance solutions, including Medicaid, Medicare, TRICARE, correctional, and behavioural health services. Centene prioritizes the development of technology that addresses systemic conditions impacting the whole health needs of underserved populations. 

As technology plays an increasingly critical role in diagnosing, managing, and treating disease, Centene understands that it enables better health outcomes for members, lessening the burden for providers, and allowing more automation and efficiency for business operations. As a steward of a significant set of data and insights, Centene leverages this data to not only shape but lead the digital transformation of healthcare and improve the patient-provider experience. 

Centene’s current CEO, Sarah London, and her team are leading the charge in this new age. Sarah London worked within Centene’s Technology Innovation and Modernization division, spearheading the company’s enterprise-wide technology strategy. Now leading Centene, her focus is on building the next generation of products and services and establishing Centene’s long-term growth and value creation. 

Although Centene has grown into the No. 1 insurer in the U.S. Health Insurance Marketplace has never lost its focus on the individual or its passion for community health. Remaining connected to the individuals and families that need care most is central to Centene’s commitment to shaping a better world of healthcare for the communities it serves. Centene also remains connected to the needs of its employees, who make Centene what it is. 
 

1996: Michael F. Neidorff joined the company as chief executive.

1997: The company is renamed Centene Corporation, and its corporate office is established in St Louis, Missouri.

1999: On January 6, Envolve Pharmacy Solutions (formerly US Script) was formed to meet the demand for responsive pharmacy benefit management services that would proactively address client concerns and be flexible enough to meet future needs.

2000: With more than 69 000 employees in more than 50 states, Centene Corporation is considered one of the top 2000 largest public companies in the world, according to Forbes.

2001:  With three health plans, $327 million in revenue and 235,000 members, Centene becomes a publicly traded company.

2003:  Adds Cenpatico, a behavioural health services company; Centene debuts on the New York Stock Exchange.

2004:  Centene reports $1 billion in revenue; expands in Ohio as Buckeye Health Plan.

2006: On January 1, Centene Corporation added Envolve Pharmacy Solutions to its speciality services division, CenCorp Health Solutions. In 2006, the firm acquired US Scripte, a pharmacy benefits manager.

2008:  Acquires Celtic Group, Inc., a commercial insurance product company.

2009:  Expands into Florida and Massachusetts.

2010: Joins the FORTUNE 500 list of largest United States corporations by revenue; adds NovaSys Health in Arkansas.

2011:  Adds Illinois and Mississippi health plans. The firm formed Centurion, a provider of correctional health care services, as a joint venture with MHM Services.

2012: Operations for correctional healthcare services begin.

2013: Grows to $10 billion in revenue and 2.7 million members.

2014:  Ambetter brand introduced for Health Insurance Marketplace products; enters two international markets, Spain and the United Kingdom; adds United States Medical Management (USMM), an in-home health services company. Centene began offering state-run Medicaid programs. through Affordable Care Act exchanges in 2014.

2015: On July 2, Centene announced it would acquire Health Net.

2016:  Acquires Health Net and launches the Envolve brand for speciality whole-health solution companies.

2017:  Expands operational footprint in Nebraska, Nevada, Maryland and New York. In the United Kingdom, Centene began to acquire local healthcare services.

2018:  Adds Pennsylvania and New York health plans; launches the Allwell Medicare Advantage brand. It acquired MHM Services, including its stake in Centurion.

2019: In March, it announced plans to acquire WellCare for US$17.3 billion. Continued growth and innovation lead. Centene, through its subsidiary MH Services, took a 40% stake in Circle Health, as part of a deal which created a national network of over 50 private hospitals.

2020:  Centen combines with WellCare to create a premier healthcare enterprise serving more than 23 million members across all 50 states in the United States

2021: On January 4, 2021, it was announced that it would acquire Magellan Health for $2.2 billion.

2022: On January 4, 2022, the acquisition was completed.

At Centene, the company is dedicated to improving the health and wellbeing of individuals and families across the United States. Centene mission is to provide access to high-quality healthcare and innovative programs that help people get well, stay well, and be well.

Centene believes that access to quality healthcare is a fundamental human right, and the company is committed to ensuring that all individuals have access to the care they need to lead healthy, productive lives. Through a network of healthcare providers, Centene offers a wide range of health solutions that are tailored to the specific needs of each individual.

According to Centene, the company vision is: " to believe that good corporate governance is important to ensure they are able to create and sustain long-term value for our stakeholders".

Managed care services: Centene provides comprehensive managed care services, including provider network management, disease management, utilization management, and quality assurance. These services help to ensure cost-effective, quality health care services that meet the needs of Centene's members. 

Specialty services: Centene offers specialty services including pharmacy benefit management, mental health and substance abuse services, medical transportation, care coordination, and health information technology. These services are designed to help members receive the best quality care, while helping to reduce overall costs. 

Health plan solutions: Centene offers a variety of health plan solutions, including individual and family health plans, employer-sponsored health plans, Medicare, Medicaid, and other government-sponsored health plans. These plans provide access to a wide network of providers and services, as well as cost-effective, quality care. 

Centene's commitment to quality care and cost-effectiveness makes it an ideal partner for health care providers, employers, and government programs. By providing comprehensive services, Centene helps ensure that members receive the care they need, while helping to reduce overall healthcare costs.