trending Market Intelligence /marketintelligence/en/news-insights/trending/bvbsmfei4ct8kksbuizqxw2 content
BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
PRIVACY & COOKIE NOTICE
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

Centene CEO not interested in bidding for potential asset sales by mega insurers

Shareholder Advocates Say New SEC Policy To Prompt Litigation, Less Transparency

Groups Urge Business Roundtable CEOs To Act On New Corporate Purpose Declaration

State of South Korean OTT Video: Subscription

Global Streaming Media Device Sales Forecast To Flatten In 5 Year Outlook


Centene CEO not interested in bidding for potential asset sales by mega insurers

Chairman,President and CEO Michael Neidorff said that there's no truth in recent reportsthat the insurer took part in a bidding process for a potential divestitureneeded by a large health insurer looking to get regulatory approval for itspending deal.

ReutersreportedJuly 11 that Centene and WellCareHealth Plans Inc. separately submitted bids for 's Medicare Advantageinsurance plans. The divestiture was part of Aetna's plan to secure theDepartment of Justice's approval for its deal for Humana Inc. The DOJ has since to block the proposed Aetna/Humanamerger.

"Ithink if there's any one thing that Centene is recognized for is that it hasnot participated and will not participate in bidding and auctions,"Neidorff said on a call. "So I guess somebody was spreading some rumors. Ican't be more direct than that."