The paper attempts to examine the history of the Centene cooperation and its division that spread across different state while providing Medicaid and specialty health services.
The paper provides examples of acquisitions and mergers and gives a brief description of the operations of the new entities. In addition, the paper examines the dates and the value of money transacted during the acquisitions and company’s affiliations and some of the developments achieved, as a result, of the two processes. Centene is a fortune 500 company with multiple intensive investments in the provision of quality health for both poor and rich families by ensuring patients receive Medicaid services at an affordable price (Miles, 2012). Centene Corporation founded in 1984, is a multi-line company operating into two segments, that is, specialty services and Medicaid health care. Based in St. Louis Missouri and headed by Michael Heidorff, who has been the CEO since 2005, Centene provides Medicaid services to a population of two million people with Texas and Georgia being the biggest markets which account to 48% of all members served by the company (Miles, 2012). The cooperation has a huge platform known as Intelligence that is a management solution that specializes in the provision of information capabilities across all channels of communication using advanced analysis and algorithms. Through the channels, Centene can identify its members with high risks and provide actionable data to representatives, medical management employees, case managers and its partners at call centers. The aim of Centelligence is to ensure the members receive appropriate medical care in order to manage and monitor their health. The states benefits from the channels and has a record of 5% to 8% saved cost care for the sickest, poorest and the youngest patients. Centene is a major participant for covering medical care to both sides of the street by reducing fraud and waste and focusing on the concept of universal coverage. Out of the 44 billion dollars spent by the federal and state agencies, Centene received the majority funds of the privatized medical shares by the year 2012 (Centene, 2013).
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