WellCare to Divest Missouri and Nebraska Medicaid Plans
September 26 2019 - 6:51AM
Dow Jones News
By Dave Sebastian
Anthem Inc. (ANTM) will acquire the Missouri and Nebraska
Medicaid plans of WellCare Health Plans Inc.'s (WCG) subsidiary,
subject to antitrust and other regulatory approvals, Centene Corp.
(CNC) and WellCare said.
The divestiture is related to a previously announced acquisition
of WellCare by Centene that is slated to occur in the first half of
2020, the two companies said Thursday.
Centene's acquisition has received approvals from 19 states,
according to the two companies.
Write to Dave Sebastian at dave.sebastian@wsj.com
(END) Dow Jones Newswires
September 26, 2019 06:36 ET (10:36 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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