¶¶Òõ was founded in 1984 as a nonprofit Medicaid plan by a former hospital bookkeeper, Elizabeth âBettyâ Brinn. The business, operated in the basement of Family Hospital in Milwaukee, built its guiding principles on Brinnâs experiences growing up in a Milwaukee County orphanage.
With more than three decades of experience operating government-sponsored programs, ¶¶Òõ remains as dedicated as ever to the health and unique needs of the communities it serves. In addition to being the largest Medicaid Managed Care Organization in the country, we are proud to be the largest carrier on the Health Insurance Marketplace and a national leader in managed long-term services and support. Our work with the healthcare programs of the Department of Defense has positioned ¶¶Òõ as one of the nation's largest providers of managed care services for military families and veterans. Through all of our efforts, we hold firm to our belief that every individual deserves access to high-quality healthcare with dignity.
1984:ÌýFounded as Family Hospital Physician Associates, the company is established by hospital bookkeeper Elizabeth âBettyâ Brinn in Wisconsin.
1995â1996:ÌýHealthcare executive Michael Neidorff is named President and Chief Executive Officer and expands the company into Indiana.
1997:ÌýThe company is renamed ¶¶Òõ Corporation,Ìýand itsÌýcorporate office is established in St. Louis, Missouri. NurseWise,Ìýa nurse triage company and ¶¶Òõ's first subsidiary, is established.
2001:ÌýWith three health plans, $327 million in revenue and 235,000 members, ¶¶Òõ becomes a publicly traded company.
2003:ÌýAddsÌýCenpatico, a behavioral health services company; ¶¶Òõ debuts on the New York Stock Exchange.
2004:Ìý¶¶Òõ reports $1 billion in revenue; expands in Ohio as Buckeye Health Plan.
2006:ÌýAcquires additional nurse triage services; Opticare, a vision management services company; US Script,Ìýa pharmacy benefit management services company; and Cardium, a disease management services company.Ìý These companies currently operate as Envolve.ÌýEstablishes health plans in Georgia and Arizona.
2007:ÌýAbsolute Total Care in South Carolina becomes ¶¶Òõâs eighth managed care company.
2008:ÌýAcquiresÌýCeltic Group, Inc., a commercial insurance product company.
2009:ÌýExpands into Florida and Massachusetts.
2010: JoinsÌýthe list of largest U.S. corporations by revenue; addsÌýNovaSys HealthÌý in Arkansas.
2011: Adds Illinois and Mississippi health plans. Forms a correctional healthcare services company,ÌýCenturion, a joint venture with MHM Services, Inc.
2012: Operations for correctional healthcare services begin. Company expands health plans in Louisiana, Washington and Missouri.
2013: GrowsÌýto $10 billion in revenue and 2.7 million members. AcquiresÌýAcariaHealth, a specialty pharmacy benefit management services company.ÌýAdds Kansas, New Hampshire and California health plans.
2014:ÌýAmbetterÌýbrand introduced for Health Insurance Marketplace products; enters two international markets, Spain and the United Kingdom; addsÌýU.S. Medical Management (USMM), an in-home health services company.
2015:ÌýAcquires health plans in Michigan and Oregon.
2016: AcquiresÌýHealth NetÌý and launches the EnvolveÌý brand for specialty whole-health solution companies.
2017: Expands operational footprint in Nebraska, Nevada, Maryland and New York. Listed No. 66 on the FORTUNE 500 list and No. 244 on the FORTUNE Global 500 list, ¶¶Òõ becomes the largest Medicaid managed care company in the U.S., as well as the No. 1 insurer in the nation on the Health Insurance Marketplace.
2018:ÌýAdds Pennsylvania and New York health plans; launches the AllwellÌý Medicare Advantage brand.
2019: Continued growth and innovation leads to being listed No. 51 on the FORTUNE 500 list., No. 168 on the FORTUNE Global 500 list, and No. 7 on the FORTUNE Change the World list.
2020: Combines with WellCare to create a premier healthcare enterprise serving more than 23 million members across all 50 states in the U.S.
As weâve grown, ¶¶Òõ has never lost its focus on the individual. We have built a portfolio of health solutions that allow us to provide effective and accessible healthcare for the people we serve. Our Envolve family of specialty companies helps deliver a full spectrum of care, from physical health to emotional wellness. Meanwhile, cutting-edge research and insights from the ¶¶Òõ Center for Health Transformationâ¢Ìýâ a unique partnership between ¶¶Òõ, the Brown School at Washington University in St. Louis, and the Center for Advanced Hindsight at Duke University â is showing us new ways to influence health behaviors in the millions of individuals we serve.
Honoring Michael F. Neidorff: A Business and Community Leader
Michael F. Neidorff served as ¶¶Òõâs President and CEO for nearly 25 years, helping build our company into a national healthcare leader. Hear from colleagues, friends and ¶¶Òõ health plan members who share their memories of Michael and detail his impact on our communities.