Centene CEO Michael Neidorff defends his company's acquisition of WellCare Health Plans telling Jim Cramer some opportunities 'don't come back around.'
Centene CEO Michael Neidorff on Wednesday told CNBC his company's $15 billion acquisition of WellCare Health Plans"made more sense than I've seen in a long time."
WellCare is a government-sponsored managed care company, while Centene services government-sponsored health care programs for uninsured people. Neidorff also gave a nod to Apple and its health-focused wearable technologies, which he said is"heading in the right direction."
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