2.5.19 - N.Y. deal helped push Centene past $60B in 2018
'According to the company, the substantial revenue growth in 2018 over the prior year was credited to its acquisition of Fidelis Care, the leading government health plan in New York, which took place in July. Centene said the Fidelis acquisition allows the company access to the country’s second-largest managed care state by membership, giving it a leadership position in the four largest managed care states by membership, which also includes California, Florida and Texas.'
'"We were pleased with the strong fourth quarter performance to finish another successful year,” Michael Neidorff, Centene’s chairman and CEO, said in a statement. “Looking ahead, the higher than expected membership growth in the Health Insurance Marketplace business, new contract wins and other strategic investments provide operating momentum heading into 2019."'