For the first time in its history, Centene Corporation, the parent company of Cenpatico Behavioral Health, LLC, has been recognized a Fortune 500 company by Fortune magazine.

Each year, Fortune publishes a report on the largest companies by revenue. This year, with 2009 revenues of $4.1 billion, Centene ranked No. 486 – breaking into the top 500 for the first time.

“The new milestone underscores the strong and consistent growth we’ve worked hard to achieve,” said Centene Chairman and Chief Executive Officer Michael F. Neidorff. “It is recognition that we are navigating Centene toward a prosperous future, despite the difficult and volatile economic climate.”

“I would like to use this occasion to commend every employee for their contribution to our achievement, and also for their everyday efforts to bring better health outcomes to our 1.5 million members,” Neidorff added.

In 2008, Centene ranked No. 609 with revenues of $3.3 billion.

“Going forward, I am convinced we will continue to reach new milestones as we expand our ability to offer innovative, low-cost solutions to states for high quality health care services for the un-insured and under-insured,” Neidorff said.

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