Centene Corp.

Once Centene Corp. acquires Health Net next year in a billion dollar acquisition early next year, what’s likely to show up on its balance sheet? Centene could have its eyes on yet another coordinated care organization, after purchasing Trillium Community Health Plan in Lane County for $80 million in September, giving them 100,000 Medicaid members. Or, they might reach their tentacles into other markets in Oregon by appealing to self-insured employers and seeking government contracts.

Once the deal is finalized, it may be possible for Health Net to enter the Medicaid market in Oregon and compete with the other coordinated care organizations or become the sole CCO.

In her ruling, Laura Cali said the sale was fair, just and equitable