Centene Subsidiary Louisiana Healthcare Connections Selected to Continue Serving Louisiana's Medicaid Managed Care Program Statewide
ST. LOUIS, Feb. 14, 2022 /PRNewswire/ -- Centene Corporation (NYSE: CNC) announced today its subsidiary Louisiana Healthcare Connections was selected by the Louisiana Department of Health to continue administering quality, integrated healthcare services to Medicaid enrollees across the state. The new statewide contract is anticipated to begin July 1, 2022.
"We are honored by the opportunity to continue working with our state partners to help build a healthier Louisiana," said Brent Layton, Centene's President and Chief Operating Officer. "We look forward to expanding on our value-based care model, while removing barriers to health, and ensuring that Louisiana's Medicaid population has access to high-quality, coordinated, whole-person care."
More than 1.5 million Louisianans receive their healthcare through the state's Medicaid managed care program, which provides access to physical health, behavioral health, pharmacy, hospital, and other services. Today, Louisiana Healthcare Connections serves more than 540,000 Medicaid enrollees and partners with 39,000 healthcare providers statewide.
"The Louisiana Department of Health has established a clear path for the health of our state, centered on a vision for health equity and a value-based healthcare system for Louisiana," said Jamie Schlottman, Plan President and CEO for Louisiana Healthcare Connections. "We look forward to the next chapter in our partnership with the state, healthcare providers, and community organizations during this pivotal moment in healthcare transformation."
With this renewed contract, Louisiana Healthcare Connections will offer several new benefits and services for its enrollees. These include community-based services for maternity and early childhood care, respite and housing assistance for members experiencing homelessness, and expanded resources to address social determinants of health. Additionally, Louisiana Healthcare Connections will expand its quality-based advanced payment models and support for healthcare providers.
The new Medicaid managed care organization contract is for a term of three years with the option for the state to extend the contract up to two additional years.
About Centene Corporation
Centene Corporation, a Fortune 25 company, is a leading multi-national healthcare enterprise that is committed to helping people live healthier lives. The Company takes a local approach – with local brands and local teams – to provide fully integrated, high-quality, and cost-effective services to government-sponsored and commercial healthcare programs, focusing on under-insured and uninsured individuals. Centene offers affordable and high-quality products to nearly 1 in 15 individuals across the nation, including Medicaid and Medicare members (including Medicare Prescription Drug Plans) as well as individuals and families served by the Health Insurance Marketplace, the TRICARE program, and individuals in correctional facilities. The Company also serves several international markets, and contracts with other healthcare and commercial organizations to provide a variety of specialty services focused on treating the whole person. Centene focuses on long-term growth and value creation as well as the development of its people, systems, and capabilities so that it can better serve its members, providers, local communities, and government partners.
Centene uses its investor relations website to publish important information about the Company, including information that may be deemed material to investors. Financial and other information about Centene is routinely posted and is accessible on Centene's investor relations website, https://investors.centene.com/.
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SOURCE Centene Corporation
Released February 14, 2022