Centene closes WellCare deal, commits to strong operations in Tampa
January 23, 2020 - Centene Corp. (NYSE: CNC) has finalized its $17.3 billion acquisition of WellCare Health Plans Inc., a Tampa-based managed healthcare company focused on government-sponsored healthcare programs. With the WellCare deal done, St. Louis-based Centene now serves more than 24 million members across all 50 states, or 1 in 15 individuals across the nation."Centene remains committed and expects to maintain strong operations in Tampa," a statement from the company said. "As of the close of our acquisition, our combined workforce will have 5,400 jobs in the Tampa area. Over the next few years, we will migrate select duplicative corporate roles to other sites. At this time, it is our plan to have Tampa as our headquarters for our Medicare and Pharmacy operations."