Centene

Centene is a managed care and health care corporation that operates and serves both government sponsored and privately insured health care programs. In recent years, Centene has seen tremendous revenue growth in serving the Affordable Care Act’s individual insurance markets. As a result of the coronavirus pandemic and President Biden’s expansion of the ACA, that growth is expected to continue. In January of 2021, Centene and Magellan Health signed a definitive merger agreement for upwards of $2.2 billion. The acquisition brings 5.5 million new members on government sponsored plans under Centene’s aegis, bolstering an area that already served as a significant source of revenue for the company.