Health and fitness Internet to Provide Users in 10 counties together with Los Angeles and Sacramento Counties
ST. LOUIS, Jan. 3, 2023 /PRNewswire/ — Centene Corporation (NYSE: CNC) introduced currently the California Department of Well being Treatment Products and services (DHCS) has chosen its California subsidiary Health and fitness Net of California (Wellness Web) for immediate contracts in Los Angeles and Sacramento counties, growing the quantity of direct county contracts by DHCS to 10.
“We are delighted that DHCS chosen us to go on serving Medi-Cal users in 10 counties throughout the state, such as as key provider in Los Angeles County,” claimed Sarah London, Chief Govt Officer of Centene. “We think their selection is in the most effective desire of millions of associates, and we seem ahead to doing the job with DHCS to deal with overall health disparities and improve how healthcare is delivered to Medi-Cal customers across the point out.”
In Los Angeles County, Well being Web has agreed to continue subcontracting with Molina Health care and perform with the condition to assign 50 % of membership to Molina Healthcare effective January 1, 2024.
“We are happy to have been issued contracts by DHCS and look ahead to revolutionary new and modern methods to improve accessibility to high-quality treatment and push wellness fairness for the millions of customers we serve,” explained Brian Ternan, Health and fitness Net’s President and CEO.
The new contracts are predicted to start January 1, 2024. In overall, Wellbeing Web will provide Medi-Cal managed treatment providers in Los Angeles, Sacramento, Amador, Calaveras, Inyo, Mono, San Joaquin, Stanislaus, Tulare and Tuolumne counties. Wellness Web did not receive an award in San Diego. Well being Web proceeds to provide customers in Fresno, Imperial, Kings, and Madera counties via other contractual arrangements. Well being Internet will conclude its lawful actions associated to the RFP.
Primarily based on the predicted structure of California as explained previously mentioned, as perfectly as the prospective slight effects of Protection Wellness Agency’s current TriCare announcement, the Corporation is lifting its projected 2024 modified EPS flooring to $7.15 from $7.00.
About Centene Company
Centene Corporation, a Fortune 500 organization, is a main health care organization that is dedicated to supporting men and women dwell healthier lives. The Business takes a area tactic – with nearby brand names and community teams – to deliver thoroughly integrated, large-excellent, and expense-helpful solutions to govt-sponsored and commercial healthcare programs, concentrating on beneath-insured and uninsured persons. Centene offers affordable and large-high quality products to practically 1 in 15 people today across the country, such as Medicaid and Medicare users (like Medicare Prescription Drug Strategies) as nicely as people today and family members served by the Well being Insurance plan Marketplace, the TRICARE system, and people today in correctional amenities. The Business also contracts with other health care and industrial companies to deliver a assortment of specialty services targeted on treating the whole individual. Centene focuses on extended-time period progress and value development as very well as the development of its people today, techniques and capabilities so that it can superior provide its users, vendors, community communities, and govt partners.
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