![]() Its Healthcare Division operates more than 2,600 sites of care – including 153 hospitals and more than 50 senior living facilities across 22 states, providing ample advantage for Centene Corporation to up against other leading health insurers. Providing over $1.8bn in care of persons living in poverty and other community benefit programmes in FY2017, Ascension houses approximately 165,000 associates and 34,000 aligned providers. Pfizer invests $465mn to develop new pharmaceutical production facility.Walgreens introduces new digital marketplace to compete with Amazon.Drug screening – improving the testing process. ![]() The letter of intent signed by Centene and Ascension is non-binding and the joint venture is subject to due diligence, the negotiation of definitive terms and approval by each company's board of directors, among other conditions. "We look forward to developing innovative, transformational approaches to serve this growing population in the many communities we serve as part of our advanced strategic direction." Tersigni, EdD, FACHE, President and CEO of Ascension. "Working with Centene to create a new Medicare Advantage plan aligns with our mission of serving those who are vulnerable and struggling the most, which all too often includes our seniors," noted Anthony R. We share a commitment of serving the underserved and intend to leverage the best capabilities of both organisations to provide high quality, affordable healthcare to support the needs of low-income seniors." "This joint venture will bring together two leaders with decades of experience across markets and creates an opportunity for scaled payer-provider collaboration. "We are pleased to pursue this joint venture with Ascension to create a differentiating offering for Medicare Advantage across multiple markets," said Michael F. Signing a letter of intent, the MA plan would be established as a preferred model for the respective systems and affiliates for Centene and Ascension in multiple geographic markets beginning in 2020. Fortune 100, multi-national healthcare company Centene Corporation has partnered with the US’ largest Catholic and non-profit health system, Ascension, in order to explore a joint venture to establish a leading Medicare Advantage (MA) plan.
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