Centene Corporation has completed its acquisition of Health Net for $6.8bn.

Centene Corporation, healthcare enterprise has completed its acquisition of Health Net, managed health care services for $6.8bn. The combination of Centene and Health Net would create a leading diversified multi-national healthcare enterprise. Centene is expected to continue to deliver attractive growth by offering a more comprehensive and scalable portfolio of innovative solutions focusing on uninsured and under-insured individuals. "This transaction ensures that we extend our competitive position as one of the largest plans covering government-sponsored programs in the country. With Health Net, we see opportunities to leverage our local approach more broadly to enhance our members’ access to higher quality healthcare services on a cost-effective basis and ensure measurable quality outcomes.” Michael F. Neidorff, Centene’s Chairman, President and Chief Executive Officer.