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Centene’s profit rises 56%

Centene Corp.’s third quarter revenue climbed 86 percent to reach $10.8 billion, driven up by the managed care company’s acquisition of Health Net. Net earnings attributable to Centene (NYSE: CNC) for the quarter were $145…

Shares of Rancho Cordova-based Cesca Therapeutics jump 27 percent in a day

Traders bought up shares of Rancho Cordova-based medical biotechnology company Cesca Therapeutics Inc. on Monday, raising the price 27 percent in a single day. Cesca shares rose 83 cents to $3.90, briefly spiking up to…

Health insurance policies aren’t stopping people from using the ER

Among the predicted benefits of the Affordable Care Act was that people would stop using this last resort care. When the Affordable Care Act went into effect, one of the advantages was supposed to be…

Dignity Health in talks with Catholic Health Initiatives on possible deal

Dignity Health said it's in talks with Catholic Health Initiatives on a possible merger. The two nonprofits have signed a letter of intent to explore a combination, according to a statement issued Monday morning. A…

Northwest Insurance to acquire Pa.’s Winans agency

[ad_1] Northwest Insurance Services, based in Warren, Pa., announced that it will acquire Winans Insurance & Employee Benefits, also of the Northwestern Pennsylvania city, effective Nov. 1. Terms of the transaction, the result of a…

NAIFA elects officers, Md.’s Dougherty is president

The National Association of Insurance and Financial Advisors (NAIFA) has announced its newly elected slate of officers and trustees for 2016-17. The announcement was made by NAIFA’s representative governing body, the National Council, during its…

California insurance company won’t pay for chemo but will cover assisted suicide

The new law in the state caused an insurer to deny coverage to a woman who is terminally ill. A woman with a terminal illness has reported that her California insurance company has offered to…
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