Here are five things to know:
1. The approval comes eight months after various negotiations and public hearings, and marked the final approval Centene needed to close its deal.
2. The Centene-Health Net merger is the smallest of three pending mergers California regulators are reviewing.
3. Per-the-approval, Health Net must maintain its headquarters and the combined entity must spend nearly $370 million to improve healthcare access and quality.
4. To gain approval, Centene agreed to meet directly with regulators to resolve any dispute over proposed rate increases.
5. Health Net covers nearly 3 million Californians.
More articles on coding & billing:
Consumers see $50 as threshold for prescription drugs: 5 takeaways
Anthem sues Express Scripts to save $3B on prescription drugs — 5 things to know
Patients starting to notice facility fees: 4 observations
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
