3.4.20 - Foundation formed from Fidelis-Centene deal awards $150M in grants

'The Mother Cabrini Health Foundation has awarded $150 million in grants to more than 500 programs across the state.'

'The grants will go to improving the health and quality of life for people living in low-income and underserved communities, the foundation said.'

'The inaugural grant-making round follows the formation of the $3.2 billion foundation in 2018 through proceeds of the Catholic Church's sale of the nonprofit health plan, Fidelis Care, to publicly traded Centene for nearly $3.8 billion.'

Read the full Crain's NY Business article here