Once MFN was forced out it’s been downhill. Personally I think we will get purchased by someone at the end of the year after the “Big Bill” goes in effect.
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MFN was part of the problem. Multiple acquisitions without system consolidation/integration. 4 clinical systems at 1 organization is completely asinine and a money pit. We grew too fast, too quickly.
@OP rather they sell and get rid of the entire Leadership!!!
Since Centene shrank itself after the Politan Capital forced reorganization--many service and extension businesses sold off such as Magellan and Collaborative Health--if it's nothing but health plans, it's not all that attractive because of antitrust. But if Centene plans were sold off and the company was broken up, a pure but smaller health plan company like Molina could pick up some parts. Humana and Elevance could do the same. Or the larger health plans could be spun off. I doubt Cigna, often talked about as an acquire, after cleaning up its own house and ditching its Medicare business, would be interested. And UnitedHealth--no way would or could they touch it. Consolidation among insurers is a hot button for the Feds and states.
In the case of a buyout, they will merge, and toss around the word “synergy” which means redundancies and the cuts and severance will continue until moral improves.
What happens to the employees in that case?