Health Net Acquired by Centene | Adios Health Net

Announced this morning that Centene (a Medicaid provider out of St. Louis I've never heard of) has agreed to buy Health Net for stock and cash worth just over $6 billion.  

Let the unraveling continue.   

The deal comes amid a frenzy of merger talks in the health-insurance industry.

St. Louis-based Centene, a Medicaid-focused health insurer, expects the deal to boost its presence in California and other western states, while allowing for $150 million a year in synergies in the second year after closing

Centene to buy Health Net

Dave