ST. LOUIS--(BUSINESS WIRE)--Jul. 10, 2009--
Centene Corporation (NYSE: CNC) today announced that the Texas Health
and Human Services Commission (HHSC) issued a tentative contract award
to Centene’s subsidiary, Superior HealthPlan Network (Superior Network),
for the Children’s Health Insurance Program (CHIP) Rural Services Area
Managed Care Organization Procurement. The award is contingent upon the
successful negotiation and execution of a contract with HHSC. Superior
and a second vendor will begin serving members under the new contract on
September 1, 2010, continuing through August 31, 2013. The award covers
up to 174 primarily rural counties in Texas.
Tom P. Wise, president and CEO for Superior HealthPlan, said, “Superior
Network’s success in the bidding process validates our quality
performance as the current contract holder for the CHIP Rural Service
Area membership in Texas. We are pleased to be able to continue our
mission to deliver quality healthcare through our unique, state-wide
provider network for our members as well as the State of Texas.”
This announcement has no impact on Centene’s 2009 financial guidance.
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
Centene Corporation
Edmund E. Kroll, 212-759-0382
Senior Vice
President, Finance & Investor Relations
or
Sandy McBride,
314-725-4477
Senior Director, Corporate Communications
