ST. LOUIS, July 21, 2016 /PRNewswire/ -- Centene
Corporation (NYSE: CNC) announced today that the Department of
Defense intends to award its wholly-owned subsidiary, Health Net
Federal Services, LLC (HNFS), the TRICARE West Region Contract.
Health Net Federal Services currently is the managed care
contractor for the TRICARE North Region. The TRICARE West Region
contract includes a base period with additional five one-year
option periods. We currently expect the start of healthcare
delivery to commence sometime mid-year of 2017.
"We are honored to continue providing healthcare services and
programs to United States Armed Forces military personnel, retirees
and their dependents," said Michael F.
Neidorff, Chairman, President and CEO for Centene. "As a
healthcare enterprise founded on the belief that every individual
deserves access to quality healthcare with dignity, we take our
commitment to our nation's Armed Forces military personnel very
seriously. Centene is committed to drawing on our national
expertise and local approach to deliver innovative, high-quality
care to service members throughout the West region."
The TRICARE West Region Contract will be comprised of serving
2.9 million of eligible beneficiaries in 19 states and
regions. These are: Alaska,
Arizona, California, Colorado, Hawaii, Idaho, Kansas, Minnesota, Montana, Nebraska, Nevada, New
Mexico, North Dakota,
Oregon, South Dakota, Utah, Washington, Wyoming, and portions of Iowa, Missouri and Texas.
"Since 1988, Health Net Federal Services has been proud to
partner with the Department of Defense, supplementing the care they
provide to active duty and retired military personnel and their
families," said Billy Maynard,
President and CEO of Health Net Federal Services. He added, "We are
honored and humbled to be awarded the TRICARE West Region Contract
to serve this extraordinary population of beneficiaries, as well as
supplement and extend the healthcare mission of the Department of
Defense."
In accordance with the Department of Defense's procurement
process, HNFS will request a debriefing about the award and then
await further direction from the contracting office as to the
timeline and process for moving forward.
About Centene Corporation
Centene Corporation, a Fortune 500 company, is a diversified,
multi-national healthcare enterprise that provides a portfolio of
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 programs, Medicare
(including the Medicare prescription drug benefit commonly known as
"Part D"), as well as programs with the U.S. Department of Defense
and U.S. Department of Veterans Affairs. Centene 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
management, care management software, correctional healthcare
services, dental benefits management, 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