Wellness Internet to Serve Customers in 10 counties which include Los Angeles and Sacramento Counties
ST. LOUIS, Jan. 3, 2023 /PRNewswire/ — Centene Company (NYSE: CNC) introduced nowadays the California Office of Wellbeing Treatment Products and services (DHCS) has selected its California subsidiary Wellness Internet of California (Health and fitness Internet) for direct contracts in Los Angeles and Sacramento counties, escalating the quantity of immediate county contracts by DHCS to 10.
“We are happy that DHCS picked us to go on serving Medi-Cal customers in 10 counties throughout the state, which include as primary carrier in Los Angeles County,” explained Sarah London, Chief Government Officer of Centene. “We imagine their choice is in the very best curiosity of tens of millions of users, and we appear forward to operating with DHCS to tackle well being disparities and boost how healthcare is delivered to Medi-Cal members throughout the state.”
In Los Angeles County, Health Web has agreed to proceed subcontracting with Molina Healthcare and perform with the state to assign 50 % of membership to Molina Health care effective January 1, 2024.
“We are happy to have been issued contracts by DHCS and appear ahead to groundbreaking new and ground breaking ways to enhance access to top quality care and travel wellbeing fairness for the hundreds of thousands of associates we serve,” reported Brian Ternan, Health Net’s President and CEO.
The new contracts are expected to start out January 1, 2024. In total, Overall health Web will give Medi-Cal managed care companies in Los Angeles, Sacramento, Amador, Calaveras, Inyo, Mono, San Joaquin, Stanislaus, Tulare and Tuolumne counties. Overall health Internet did not obtain an award in San Diego. Health Internet continues to provide associates in Fresno, Imperial, Kings, and Madera counties by using other contractual preparations. Wellbeing Internet will conclusion its lawful steps associated to the RFP.
Centered upon the expected framework of California as described previously mentioned, as well as the possible slight influence of Protection Health and fitness Agency’s the latest TriCare announcement, the Company is lifting its projected 2024 altered EPS flooring to $7.15 from $7.00.
About Centene Corporation
Centene Corporation, a Fortune 500 business, is a foremost health care organization that is fully commited to encouraging people today stay much healthier lives. The Enterprise normally takes a neighborhood method – with community manufacturers and community teams – to present absolutely built-in, superior-good quality, and price-helpful providers to federal government-sponsored and industrial healthcare courses, focusing on less than-insured and uninsured people. Centene offers inexpensive and superior-excellent items to just about 1 in 15 people across the nation, including Medicaid and Medicare users (such as Medicare Prescription Drug Options) as very well as people today and families served by the Wellness Insurance policy Marketplace, the TRICARE program, and folks in correctional amenities. The Company also contracts with other health care and professional organizations to present a range of specialty providers targeted on treating the full particular person. Centene focuses on extended-phrase advancement and worth creation as nicely as the enhancement of its people, devices and abilities so that it can improved provide its users, companies, local communities, and governing administration partners.
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