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Magellan sold its managed care division to Molina Healthcare in 2018. [11] On January 4, 2021, it was announced Centene Corporation would acquire the company for $2.2 billion. [12] On January 4, 2022, the acquisition was completed. [13] Centene divested Magellan Rx in 2022 to Prime Therapeutics. [14]
2019: Molina Healthcare loses Medicaid contract with the state of Texas. [29] 2020: Molina Healthcare acquires Passport Health Plan in Kentucky. [30] 2021: Molina Healthcare acquires Magellan Complete Care line of business from Magellan Health, Inc. [31] With this acquisition, Molina enters Arizona, Massachusetts, and Virginia. [32]
Centene began offering state-run Medicaid programs through Affordable Care Act exchanges in 2014. [7] In July 2015, Centene announced it would acquire Health Net. [8] [9] [10] In March 2016, it finalized its acquisition [11] In September 2017, it announced that it would acquire Fidelis Care, a nonprofit insurer in New York, for US$3.75 billion ...
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Health insurance exchanges were established as a part of the 2010 Patient Protection and Affordable Care Act to enable individuals to purchase health insurance in state-run marketplaces. [1] In this legislation, states could choose to establish their own health insurance exchanges; if they choose not to do so, the federal government would run ...
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The department provides healthcare services, records management, children and family services, food assistance programs, and healthcare services.