Centene got another key approval for its $3.75 billion acquisition of Fidelis Care, the company announced Thursday. The New York Attorney General approved the deal, and it’s expected to close July 1.
Centene, the Clayton-based health insurer, first announced its purchase of Fidelis, a nonprofit health plan run by the Catholic Church in New York, last September. The acquisition has since won approval from the New York Department of Health and the New York Department of Financial Services.
The deal will give Centene a presence in California, Florida, New York and Texas, which are the states with the largest Medicaid enrollment.
Read more: St. Louis Post-Dispatch