Centene Receives Contract Recommendation For Nebraska's Statewide Heritage Health Program
ST. LOUIS, Feb. 8, 2016 /PRNewswire/ -- Centene Corporation (NYSE: CNC) today announced that its subsidiary, Nebraska Total Care, has been selected by the Nebraska Department of Health and Human Services' (DHSS) Division of Medicaid and Long-Term Care as one of three managed care organizations (MCO) to administer its Heritage Health program.
Heritage Health is a new healthcare delivery system that combines Nebraska's current physical health, behavioral health, and pharmacy programs into a single comprehensive and coordinated system for 230,000 Medicaid and Children's Health Insurance Program (CHIP) enrollees. Nebraska Total Care has been selected to operate statewide.
"We are pleased and honored to be selected to offer coordinated healthcare services and programs to the people of Nebraska," said Michael F. Neidorff, Chairman, President and CEO for Centene. "Nebraska will be the 24th state in which Centene operates and is a continued example of Centene's dedication to providing innovative health solutions at the local level for the members and states we serve."
"Nebraska Total Care is pleased to partner with the State of Nebraska to bring member and provider-centric services as part of the Heritage Health program," said Brent Layton, Senior Vice President, Chief Business Development Officer for Centene. "We look forward to implementing our innovative care management value-added programs to address the whole person, including social determinants that impact one's health."
According to DHSS' timeline, DHSS will work with the Division of Administrative Services (DAS) to execute final contracts with the chosen MCOs. The new contracts are expected to commence on January 1, 2017, pending regulatory approvals.
About Centene Corporation
Centene Corporation, a Fortune 500 company, is a leading multi-line healthcare enterprise that provides programs and services to government sponsored healthcare programs, focusing on under-insured and uninsured individuals. Many receive benefits provided under Medicaid, including the State Children's Health Insurance Program (CHIP), as well as Aged, Blind or Disabled (ABD), Foster Care and Long Term Care (LTC), in addition to other state-sponsored/hybrid programs, and Medicare. The Company operates local health plans and offers a range of health insurance solutions. It also contracts with other healthcare and commercial organizations to provide specialty services including behavioral health, care management software, correctional systems healthcare, in-home health services, life and health management, managed vision, pharmacy benefits management, specialty pharmacy and telehealth services.
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, http://www.centene.com/investors.
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SOURCE Centene Corporation
Released February 8, 2016