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Stock Market & Financial Investment News

News Breaks
June 18, 2014
08:33 EDTCNCCentene's Kansas subsidiary awarded accreditation from NCQA
Centene has announced that its wholly owned Kansas subsidiary, Sunflower Health Plan, has received Accreditation from the National Committee for Quality Assurance. NCQA Health Plan Accreditation evaluates how well a health plan manages all parts of its delivery system in order to continuously improve the quality of care and services provided to its members.
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January 26, 2015
12:39 EDTCNCHHS Secretary orders Medicare to change payment method, WSJ says
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06:03 EDTCNCCentene to acquire Agate Resources
Centene announced that it has signed a definitive agreement to acquire Agate Resources, a diversified holding company that offers an array of healthcare products and services to Oregon residents. Agate is based in Eugene, Oregon. Trillium Community Health Plan, Inc., a subsidiary of Agate, participates in Oregon's Coordinated Care Organization model to provide Medicaid services to Oregon Health Plan members in Lane County, Oregon. Trillium also provides coverage to Medicare beneficiaries through a Medicare Advantage plan and participates on the Cover Oregon health insurance marketplace. Terry Coplin, the CEO of Agate, and the existing management team will continue to lead the local operations of Agate. The transaction is expected to close in Q3, subject to customary closing conditions, including Oregon regulatory approval. The deal is expected to be accretive to EPS in the first twelve months following close.

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