Centene-WellCare deal scrutinized by American Hospital Association

The American Hospital Association is asking the U.S. Department of Justice to investigate the planned $17.3 billion acquisition of Tampa-based WellCare Health Plans by Clayton-based Centene Corp., saying the transaction threatens to reduce competition. In an April 30 letter to the assistant U.S. attorney general’s AntiTrust Division, the association urged the investigation because the merger is “likely to reduce competition in the provision of Medicaid Services.” Centene Corp. announced…
Source: bizjournals.com Health Care:Physician Practices headlines - Category: American Health Authors: Source Type: news