Centene Corporation Receives Notification of Intent to Contract From the State of Mississippi
ST. LOUIS, Nov. 24 /PRNewswire-FirstCall/ -- Centene Corporation (NYSE: CNC) today announced that the Mississippi Division of Medicaid has selected Centene as one of two Coordinated Care Organizations to participate in the Mississippi Coordinated Access Network (MississippiCAN), a coordinated care program for Mississippi Medicaid beneficiaries. Centene is working with the Division to execute a contract in which the company will serve eligible members throughout the state, as Magnolia Health Plan (Magnolia).
Based in Jackson, Miss., Magnolia will work with the state of Mississippi and local providers to enhance care for eligible Medicaid members in all 82 counties of Mississippi. Members that are eligible under the MississippiCAN program include Supplemental Security Income (SSI), and Foster Care children, among other Medicaid categories.
Michael F. Neidorff, Chairman and Chief Executive Officer for Centene, stated, "We are honored to be selected by the Division and appreciate the opportunity to provide comprehensive, coordinated healthcare services to Mississippi residents. This represents the first step in a growing relationship with Mississippi. Magnolia Health Plan will be a long-term solution to help the state improve health outcomes for its residents while most effectively managing Medicaid funds."
Centene will provide updated information upon executing final terms of the contract and receiving necessary regulatory approvals.
About Centene Corporation
Centene Corporation is a leading multi-line healthcare enterprise that provides programs and related services to individuals receiving benefits under Medicaid, including the Children's Health Insurance Program (CHIP), as well as Aged, Blind, or Disabled (ABD), Foster Care, Long-Term Care and Medicare (Special Needs Plans). The Company operates local health plans and offers a wide range of health insurance solutions to individuals and the rising number of uninsured Americans. It also contracts with other healthcare and commercial organizations to provide specialty services including behavioral health, life and health management, managed vision, telehealth services, pharmacy benefits management and medication adherence. Information regarding Centene is available via the Internet at www.centene.com.
SOURCE Centene Corporation
Released November 24, 2009