Molina Healthcare Selected for Medicaid Contract Awards in the North Central Region of Washington
May 24 2017 - 7:00AM
Business Wire
Molina Healthcare, Inc. (NYSE: MOH) today announced that its
wholly owned subsidiary, Molina Healthcare of Washington, Inc., has
been selected by the Washington State Health Care Authority (HCA)
to negotiate and enter into managed care contracts for the North
Central region of the state’s Apple Health Integrated Managed Care
Program. The new contracts will allow only selected Managed Care
Organizations (MCOs) to provide the full continuum of behavioral
and physical health services that are available to beneficiaries
for the entire regional service area.
Molina currently provides Medicaid physical health services
throughout Washington State, including to beneficiaries in Chelan,
Douglas and Grant counties composing the North Central region.
Beginning in April 2016, Molina was one of only two MCOs selected
by the state HCA to provide fully integrated behavioral and
physical health services through the Fully Integrated Managed Care
Program in the Southwest region of Washington. Molina Healthcare of
Washington was selected by HCA for the state’s north central region
pursuant to the request for proposal it issued in February 2017.
The start date for the new contract is scheduled for January 1,
2018.
“Molina is honored to be selected as one of the plans that will
offer coordinated and fully integrated behavioral and physical
health care to members in Chelan, Douglas and Grant counties,” said
Peter Adler, president of Molina Healthcare of Washington. “We’ve
already seen significant benefits providing ‘whole-person care’
under the Fully Integrated Managed Care program in the Southwest
region, and we look forward to building on that success with the
addition of the North Central region.”
The new Apple Health Integrated Managed Care program combines
physical and behavioral health services and will include a separate
contract for behavioral health wraparound services, which has not
traditionally been covered under Medicaid managed care.
Molina Healthcare of
Washington
Since 2000, Molina Healthcare of Washington’s mission has been
to provide high quality health care to people receiving government
assistance. As of March 2017, the organization serves approximately
785,000 members through Medicaid, Medicare and the Health Benefit
Exchange programs across the state of Washington. Additionally,
Molina Healthcare operates Molina Medical, a primary care clinic in
Everett.
About Molina Healthcare
Molina Healthcare, Inc., a FORTUNE 500 company, provides managed
health care services under the Medicaid and Medicare programs and
through the state insurance marketplaces. Through our locally
operated health plans in 12 states across the nation and in the
Commonwealth of Puerto Rico, Molina serves approximately 4.8
million members. Dr. C. David Molina founded our company in 1980 as
a provider organization serving low-income families in Southern
California. Today, we continue his mission of providing high
quality and cost-effective health care to those who need it most.
For more information about Molina Healthcare, please visit our
website at molinahealthcare.com.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: This press release contains
“forward-looking statements” regarding the selection of Molina
Healthcare of Washington to negotiate and enter into managed care
contracts for the North Central region of the state’s Apple Health
Integrated Managed Care Program. All forward-looking statements are
based on current expectations that are subject to numerous risk
factors that could cause actual results to differ materially. Such
risk factors include, without limitation, a failure of the parties
to finalize and execute the new contracts, a delay in the start
date for the new contracts, a reversal of the contract awards in
connection with a successful protest by another bidder, and results
and performance issues under the new contracts that are materially
less favorable than those under the existing contracts. Additional
information regarding the risk factors to which we are subject is
provided in greater detail in our periodic reports and filings with
the Securities and Exchange Commission, including our most recent
Annual Report on Form 10-K. These reports can be accessed under the
investor relations tab of our website or on the SEC’s website at
sec.gov. Given these risks and uncertainties, we cannot give
assurances that our forward-looking statements will prove to be
accurate, or that any other results or events projected or
contemplated by our forward-looking statements will in fact occur,
and we caution investors not to place undue reliance on these
statements. All forward-looking statements in this release
represent our judgment as of the date hereof, and we disclaim any
obligation to update any forward-looking statements to conform the
statement to actual results or changes in our expectations that
occur after the date of this release.
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version on businesswire.com: http://www.businesswire.com/news/home/20170524005337/en/
Molina Healthcare, Inc.Juan José Orellana, 562-435-3666Investor
RelationsorLaura Murray, 562-506-9208Public Relations
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