Centene Corp on Tuesday reported a quarterly profit that edged past Wall Street estimates, helped by higher sales in its Medicaid business which sells health plans for low-income Americans. The company, which is buying smaller rival WellCare Health Plans Inc for $15.27 billion, hopes the deal will scale up its government-backed Medicare and Medicaid businesses, and limit its exposure to the Obamacare exchanges. …read more
Source:: Yahoo Finance
