275:
177:
155:
133:
111:
86:
331:
In 2011, the SEC filed criminal charges against four WellCare executives. In 2013, the executives, including former CEO Todd Farha, were found guilty of the charges, including healthcare fraud and making false statements to law enforcement. Between 2008 and 2012, the company agreed to pay a total of
327:
On
October 24, 2007, law enforcement agents executed a search warrant on WellCare's headquarters in Tampa, Florida–based on a whistleblower complaint that provided evidence of WellCare inflating patients' treatment costs and not returning overpayments to the state. The complaint also named several
365:
for $ 17 billion. According to Fierce
Healthcare, the merger created one of the largest sponsors of government coverage in the country. Following the merger, WellCare's CFO Andrew Asher became the CFO of Centene and CEO Kenneth Burdick joined the executive team at Centene.
1459:
1464:
343:
In 2012, WellCare expanded its
Medicare business through the acquisition of several companies' Medicare businesses, including Arcadian Health Plan in Arizona and Easy Choice Health Plan in California.
309:
1365:
1484:
1509:
1489:
1272:
1141:
1314:
1167:
905:
1479:
1469:
1454:
1193:
519:
705:
798:
572:
854:
1219:
1474:
340:
In
January 2008, Heath Schiesser was promoted to president and CEO, replacing Todd Farha. Schiesser was replaced in December 2009 by Alec Cunningham.
1514:
1245:
880:
1066:
1040:
1494:
498:
480:
757:
1504:
1499:
1340:
934:
771:
1012:
1116:
986:
1091:
730:
103:
960:
408:
286:
WellCare began operations in 1985 in Tampa, Florida as a
Medicaid provider for the State of Florida. In 1992, Kiran Patel, a
494:
472:
1519:
657:
1288:
308:. In 2006, WellCare began offering Medicare Advantage plans with prescription drug benefits after the signing of the
544:
806:
395:
1390:
573:"Centene to buy Tampa-based WellCare in $ 17B deal, creating powerhouse in Medicaid, Medicare and Obamacare"
305:
1366:"WellCare's $ 2.5 billion purchase of Meridian makes it the Tampa Bay area's biggest company by market cap"
1436:
677:
274:
597:
90:
802:
374:
Since 2012, WellCare has acquired several
Medicare & Medicaid supplement providers, including:
362:
263:
208:
906:"Subsidized then scrutinized: Health care reform could deliver added examination of executive pay"
1395:
402:
248:
829:
631:
412:
382:
169:
1300:
316:
279:
252:
706:"WellCare CEO Alec Cunningham outlines once-troubled company's 'cultural transformation'"
346:
In
November 2013, WellCare appointed Chairman David Gallitano to serve as interim CEO.
301:
259:
203:
1448:
63:
821:
441:
294:
287:
240:
74:
1273:"WellCare Completes Acquisition Of Arizona Medicaid Assets Of Phoenix Health Plan"
1041:"How the WellCare acquisition is driving Centene's approach to Medicare Advantage"
394:
January 2017: Care1st Health Plan
Arizona, a subsidiary of Care1st Health Plan, a
662:
425:
125:
40:
30:
833:
635:
623:
1315:"Aetna drug plan poised to be WellCare's latest high-profile acquisition"
1142:"WellCare acquires UnitedHealth Group's South Carolina Medicaid business"
244:
353:
magazine named WellCare as one of the World's Most
Admired Companies.
297:
and Todd Farha. Also in 2002, Todd Farha joined the company as CEO.
520:"WellCare says its headquarters will remain in Tampa through 2030"
429:
421:
273:
147:
1341:"WellCare To Buy Meridian Health Plans And PBM For $ 2.5 Billion"
758:"Judge unseals whistle-blower complaint on WellCare Health Plans"
1460:
Pharmacy benefit management companies based in the United States
388:
April 2013: Aetna's
Medicaid business in Missouri, Missouri Care
1194:"Windsor Health deal gives WellCare customers in all 50 states"
1092:"WellCare CEO, CFO to join Centene's executive leadership team"
424:'s Medicare prescription insurance business, as a condition of
1067:"WellCare's Medicare Numbers Rise As Centene Deal Moves Ahead"
772:"Ex-WellCare CEO Found Guilty in $ 40 Million Medicaid Scheme"
310:
Medicare Prescription Drug, Improvement, and Modernization Act
258:
WellCare began operations in 1985 and has its headquarters in
1246:"WellCare completes $ 800M acquisition of Universal American"
822:"WellCare Agrees to Pay $ 80 Million to Settle Medicaid Case"
293:
In 2002, Patel sold it to a New York investment group led by
473:"WellCare Health Plans, Inc. 2017 Annual Report (Form 10-K)"
1423:
1013:"Four Tampa Bay companies ranked as world's "most admired""
855:"WellCare agrees to pay over $ 137.5 million in settlement"
219:
1465:
Companies formerly listed on the New York Stock Exchange
1220:"WellCare completes purchase of Care1st Plan of Arizona"
417:
September 2018: Meridian Health Plans, Detroit, Michigan
407:
May 2017: Phoenix Health Plan, formerly a subsidiary of
929:
927:
658:"WellCare Group prices IPO of 7.3M shares at $ 17 each"
598:"First-every proxy tells of WellCare's healthy rewards"
239:
is an American health insurance company that provides
1391:"CVS-Aetna Merger Wins Antitrust Approval From Judge"
378:
November 2012: Easy Choice Health Plan in California
799:"AP: In Medicaid reform, Fla. GOP saw rich benefit"
332:$ 217.5 million to settle the claims against them.
214:
202:
189:
167:
145:
123:
101:
80:
70:
54:
46:
36:
26:
1485:Financial services companies established in 1985
881:"WellCare President and CEO Schiesser to resign"
1510:Health insurance companies of the United States
1117:"Centene announces C-suite change with new CFO"
495:"US SEC: Form 10-K WellCare Health Plans, Inc"
361:In January 2020, the company was acquired by
8:
987:"See where these 5 Tamba Bay companies rank"
961:"'Interim' CEO of WellCare shakes things up"
935:"WellCare completes Easy Choice acquisition"
756:Gentry, Carol; Wells, Mike (June 28, 2010).
255:plans for members across the United States.
21:
1168:"Aetna selling Missouri Medicaid business"
20:
1490:Health care companies established in 1985
328:employees who knew about the activities.
290:and entrepreneur, purchased the company.
499:U.S. Securities and Exchange Commission
481:U.S. Securities and Exchange Commission
453:
1480:American companies established in 1985
1470:Health care companies based in Florida
1433:Historical business data for WellCare:
1296:
1286:
467:
465:
463:
461:
459:
457:
385:'s Medicaid business in South Carolina
315:Also in 2006, WellCare began offering
1455:Medicare and Medicaid (United States)
1035:
1033:
731:"FBI, HHS raid WellCare headquarters"
700:
698:
622:Goldstein, Jacob (January 25, 2008).
7:
656:Pritchard, Carolyn (June 30, 2004).
567:
565:
545:"FBI RAID SHUTTERS MEDICARE INSURER"
797:Reed, Travis (February 14, 2009).
391:January 2014: Windsor Health Group
14:
1475:Companies based in Tampa, Florida
820:Fuhrmans, Vanessa (May 6, 2009).
16:American health insurance company
176:
175:
154:
153:
132:
131:
110:
109:
85:
84:
1515:American corporate subsidiaries
409:Abrazo Community Health Network
228:Footnotes / references
1495:1985 establishments in Florida
1:
1505:2020 mergers and acquisitions
1500:2004 initial public offerings
1250:www.beckershospitalreview.com
1399:. Reuters. September 4, 2019
1271:Inc, WellCare Health Plans.
262:. It became a subsidiary of
323:2007 Florida investigations
243:services primarily through
237:WellCare Health Plans, Inc.
22:WellCare Health Plans, Inc.
1536:
678:"How WellCare got so rich"
253:Medicare Prescription Drug
396:Blue Shield of California
226:
910:Crain's Detroit Business
349:In 2018, 2019 and 2020
306:initial public offering
220:http://www.wellcare.com
624:"WellCare CEO Resigns"
283:
809:on February 18, 2009.
300:In 2004, it became a
277:
50:Tampa, Florida (1985)
1520:Centene Corporation
1121:www.bizjournals.com
1096:www.bizjournals.com
991:www.bizjournals.com
826:Wall Street Journal
803:The Chicago Tribune
628:Wall Street Journal
602:www.bizjournals.com
363:Centene Corporation
357:Centene acquisition
264:Centene Corporation
209:Centene Corporation
191:Number of employees
23:
1396:The New York Times
1299:has generic name (
1289:cite press release
1200:. February 7, 2007
1174:. January 22, 2013
1148:. February 7, 2007
993:. January 19, 2019
737:. February 7, 2007
428:'s acquisition of
411:, a subsidiary of
403:Universal American
284:
278:A WellCare bus in
249:Medicare Advantage
1226:. January 4, 2017
1224:Modern Healthcare
1198:Modern Healthcare
1146:Modern Healthcare
939:Modern Healthcare
912:. August 16, 2010
859:Modern Healthcare
735:Modern Healthcare
266:in January 2020.
234:
233:
181:US$ 2.417 billion
159:US$ 8.365 billion
1527:
1427:
1426:
1424:Official website
1409:
1408:
1406:
1404:
1387:
1381:
1380:
1378:
1376:
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1356:
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1353:
1351:
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1311:
1305:
1304:
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1268:
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1259:
1257:
1242:
1236:
1235:
1233:
1231:
1216:
1210:
1209:
1207:
1205:
1190:
1184:
1183:
1181:
1179:
1164:
1158:
1157:
1155:
1153:
1138:
1132:
1131:
1129:
1127:
1113:
1107:
1106:
1104:
1102:
1088:
1082:
1081:
1079:
1077:
1062:
1056:
1055:
1053:
1051:
1045:FierceHealthcare
1037:
1028:
1027:
1025:
1023:
1009:
1003:
1002:
1000:
998:
983:
977:
976:
974:
972:
957:
951:
950:
948:
946:
931:
922:
921:
919:
917:
902:
896:
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891:
877:
871:
870:
868:
866:
851:
845:
844:
842:
840:
817:
811:
810:
805:. Archived from
794:
788:
787:
785:
783:
768:
762:
761:
753:
747:
746:
744:
742:
727:
721:
720:
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693:
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688:
674:
668:
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653:
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619:
613:
612:
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608:
594:
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587:
585:
583:
569:
560:
559:
557:
555:
541:
535:
534:
532:
530:
516:
510:
509:
507:
505:
491:
485:
484:
483:. February 2018.
469:
420:September 2019:
413:Tenet Healthcare
383:UnitedHealthcare
282:, New York City.
222:
198:
185:
182:
179:
178:
172:
163:
160:
157:
156:
150:
141:
138:
135:
134:
119:
116:
113:
112:
104:Operating income
97:
94:
88:
87:
24:
1535:
1534:
1530:
1529:
1528:
1526:
1525:
1524:
1445:
1444:
1441:
1422:
1421:
1418:
1413:
1412:
1402:
1400:
1389:
1388:
1384:
1374:
1372:
1370:Tampa Bay Times
1364:
1363:
1359:
1349:
1347:
1339:Japsen, Bruce.
1338:
1337:
1333:
1323:
1321:
1319:Tampa Bay Times
1313:
1312:
1308:
1295:
1285:
1278:
1276:
1275:(Press release)
1270:
1269:
1265:
1255:
1253:
1244:
1243:
1239:
1229:
1227:
1218:
1217:
1213:
1203:
1201:
1192:
1191:
1187:
1177:
1175:
1166:
1165:
1161:
1151:
1149:
1140:
1139:
1135:
1125:
1123:
1115:
1114:
1110:
1100:
1098:
1090:
1089:
1085:
1075:
1073:
1065:Japsen, Bruce.
1064:
1063:
1059:
1049:
1047:
1039:
1038:
1031:
1021:
1019:
1017:Tampa Bay Times
1011:
1010:
1006:
996:
994:
985:
984:
980:
970:
968:
959:
958:
954:
944:
942:
941:. March 5, 2007
933:
932:
925:
915:
913:
904:
903:
899:
889:
887:
879:
878:
874:
864:
862:
861:. March 5, 2007
853:
852:
848:
838:
836:
819:
818:
814:
796:
795:
791:
781:
779:
778:. June 11, 2013
770:
769:
765:
755:
754:
750:
740:
738:
729:
728:
724:
714:
712:
710:Tampa Bay Times
704:
703:
696:
686:
684:
682:Tampa Bay Times
676:
675:
671:
655:
654:
650:
640:
638:
621:
620:
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604:
596:
595:
591:
581:
579:
577:Tampa Bay Times
571:
570:
563:
553:
551:
549:Tampa Bay Times
543:
542:
538:
528:
526:
524:Tampa Bay Times
518:
517:
513:
503:
501:
493:
492:
488:
471:
470:
455:
450:
438:
381:February 2013:
372:
359:
338:
325:
317:Medicare Part D
280:Astoria, Queens
272:
230:
218:
196:
192:
183:
180:
168:
161:
158:
146:
139:
137:US$ 374 million
136:
128:
117:
115:US$ 469 million
114:
106:
95:
89:
66:
60:
17:
12:
11:
5:
1533:
1531:
1523:
1522:
1517:
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1417:
1416:External links
1414:
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967:. May 23, 2014
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302:public company
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260:Tampa, Florida
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197:(October 2019)
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93:17.007 billion
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59:Tampa, Florida
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1350:September 28,
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776:Bloomberg.com
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64:United States
57:
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39:
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29:
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1401:. Retrieved
1394:
1385:
1373:. Retrieved
1369:
1360:
1348:. Retrieved
1344:
1334:
1322:. Retrieved
1318:
1309:
1277:. Retrieved
1266:
1254:. Retrieved
1249:
1240:
1228:. Retrieved
1223:
1214:
1202:. Retrieved
1197:
1188:
1176:. Retrieved
1172:STLtoday.com
1171:
1162:
1150:. Retrieved
1145:
1136:
1124:. Retrieved
1120:
1111:
1099:. Retrieved
1095:
1086:
1074:. Retrieved
1070:
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1048:. Retrieved
1044:
1020:. Retrieved
1016:
1007:
995:. Retrieved
990:
981:
969:. Retrieved
965:tampabay.com
964:
955:
943:. Retrieved
938:
914:. Retrieved
909:
900:
888:. Retrieved
884:
875:
863:. Retrieved
858:
849:
837:. Retrieved
825:
815:
807:the original
792:
780:. Retrieved
775:
766:
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739:. Retrieved
734:
725:
713:. Retrieved
709:
685:. Retrieved
681:
672:
661:
651:
639:. Retrieved
627:
617:
605:. Retrieved
601:
592:
580:. Retrieved
576:
552:. Retrieved
548:
539:
527:. Retrieved
523:
514:
502:. Retrieved
489:
476:
442:EmblemHealth
373:
370:Acquisitions
360:
350:
348:
345:
342:
339:
330:
326:
314:
299:
295:George Soros
292:
288:cardiologist
285:
257:
241:managed care
236:
235:
227:
170:Total equity
148:Total assets
75:Managed care
55:Headquarters
27:Company type
18:
1437:SEC filings
1403:December 5,
1375:October 27,
1324:October 27,
1297:|last=
1256:October 27,
1230:October 27,
1204:October 27,
1178:October 27,
1152:October 27,
1126:October 27,
1101:October 27,
1050:October 27,
1022:October 27,
945:October 27,
916:October 27,
890:October 27,
865:October 27,
839:October 27,
782:October 27,
741:October 27,
715:October 27,
687:October 27,
663:MarketWatch
641:October 27,
607:October 27,
582:October 27,
554:October 27,
529:October 27,
504:January 27,
1449:Categories
1252:. May 2017
885:Boston.com
448:References
426:CVS Health
401:May 2017:
398:affiliate.
126:Net income
41:Healthcare
31:Subsidiary
971:August 6,
834:0099-9660
636:0099-9660
336:2008–2019
312:in 2003.
1279:June 21,
1076:April 9,
436:See also
245:Medicaid
71:Services
37:Industry
997:June 2,
477:sec.gov
351:Fortune
319:plans.
304:via an
270:History
215:Website
195:14,000
81:Revenue
47:Founded
1345:Forbes
1071:Forbes
832:
634:
204:Parent
184:(2017)
162:(2017)
140:(2017)
118:(2017)
96:(2017)
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