Markets, Finance, Healthcare, Wall Street, Health, CNC, WCG

Another mega-deal just shook up healthcare and the 2 companies used a word that should make their employees nervous (CNC, WCG)

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YouTube / Office Space Centene, the health insurer, said Wednesday that it planned to buy smaller rival WellCare in a deal valued at $17.3 billion. In the release announcing the deal, the two companies mentioned about $500 million in expected "synergies," a term that may cause unease among employees. Watch Centene and WellCare trade in real-time. […]

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