Centene’s UK exit complete

Centene completed the sale of its U.K. companies. 

Advertisement

Its sale of Operose Health Group was completed in December and its sale of Circle Health Group was completed in January, according to the company’s earnings report published Feb. 6. 

Centene announced both deals in August. Circle Health Group, one of the U.K.’s largest independent hospital operators, was sold to Pure Health, the largest integrated healthcare network in the Middle East, for $1.2 billion. 

Operose Health, a chain of 60 clinics, was sold to U.K.-based HCRG Care Group, according to a Dec. 6 report from Pulse. 

Centene CEO Sarah London has overseen the divestiture of several non-core businesses since taking over the role in March 2022. She told Fortune in June that the businesses that have been sold were keeping Centene from being as efficient as it could be. 

At the Becker's 5th Annual Fall Payer Issues Roundtable, taking place November 2–3 in Chicago, payer executives and healthcare leaders will come together to discuss value-based care, regulatory changes, cost management strategies and innovations shaping the future of payer-provider collaboration. Apply for complimentary registration now.

Advertisement

Next Up in M&A

  • Health insurers are picking up some of Walgreens’ former care delivery businesses after the pharmacy chain’s multibillion-dollar push into primary…

  • UnitedHealth Group’s count of subsidiaries and related entities has reached 2,807, according to the latest “Sunlight Report,” published in October.…

Advertisement

Comments are closed.