Centene completed the acquisition of Magellan Health for $2.2bn.

Centene, a multi-national healthcare enterprise, completed the acquisition of Magellan Health, an American for-profit managed health care company, for $2.2bn. "We're thrilled to bring together two businesses with complementary capabilities and a shared commitment to driving higher quality care for our members while lowering overall healthcare costs. By joining Centene under the Health Care Enterprises umbrella, we will maintain the independence necessary to ensure continued service to our third-party customers while accelerating the introduction of innovative solutions and reimagining behavioral health. I look forward to continuing to lead Magellan Health as we create exciting new opportunities for our customers and employees who will benefit from the creation of a best-in-class platform that meets our members' needs today and in the future," Kenneth J. Fasola, Magellan Health CEO.