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Centene Corp to acquire majority stake in Fidelis SecureCare of Michigan


Wednesday, 18 Dec 2013 08:00am EST 

Centene Corp:Says it has signed a definitive agreement to purchase a majority stake in Fidelis SecureCare of Michigan, Inc a subsidiary of Fidelis SeniorCare, Inc.Says fidelis SecureCare was recently selected by the Michigan Department of Community Health as one of six health plans to provide integrated healthcare services to members who are dually eligible for Medicare and Medicaid in Macomb and Wayne counties.Says the program is expected to serve approximately 90,000 of the dual-eligible beneficiaries in the state, with enrollment expected to commence in the fourth quarter of 2014.Says transaction is expected to close in the fourth quarter of 2014. 

Company Quote

55.66
-1.29 -2.27%
17 Apr 2014