Centene Corporation Subsidiary Awarded Medicaid Contracts in Georgia; Peach State Health Plan to Serve Atlanta and Central Regio
July 19 2005 - 11:31AM
Business Wire
Centene Corporation (NYSE: CNC) today announced that it has been
awarded Medicaid contracts in the Atlanta and Central Regions by
the Georgia Department of Community Health. Atlanta and Central
represent two of the largest regions awarded with approximately
500,000 and 150,000 eligibles, respectively. Centene's Georgia
subsidiary, Peach State Health Plan (PSHP), will manage a portion
of the Medicaid recipients in these regions. The contract is
subject to regulatory approval. Under the terms of the contracts,
PSHP will provide healthcare benefits and services to Medicaid and
PeachCare for Kids recipients in the Atlanta Region and Central
Region, which includes the cities of Macon, Columbus, LaGrange and
Warner Robins. PSHP's contracts become effective immediately with
membership operations commencing January 1, 2006. The initial
contracts run through June 30, 2006, and are then subject to six,
one-year renewal options. The state plans to move 1.1 million
Medicaid members into managed care throughout 2006. The Medicaid
program has been divided into six service regions, including
Atlanta and five outlying areas. Michael F. Neidorff, Chairman and
Chief Executive Officer of Centene, stated, "We are pleased to have
been selected by the state of Georgia to serve Medicaid recipients
in two of the largest urban regions, representing 650,000 lives, in
2006. This represents a significant opportunity to expand
membership and positions us for strong organic growth in 2006. As a
leader in the Medicaid managed care industry, we are committed to
solving the challenge of escalating healthcare costs and providing
more access to care. Centene, through its decentralized local
company Peach State Health Plan, is committed to developing and
managing a local system of care that is accountable, produces
demonstrated cost savings and provides more access for its Georgia
members." Daniel R. Paquin, Chief Executive Officer and Acting
Chairman of PSHP, added, "We are pleased to have been selected to
serve Georgia's Medicaid recipients and look forward to a smooth
and effective implementation. We have been focused on Georgia for
some time and are prepared with key personnel and a solid
infrastructure including our main office in Smyrna. Furthermore, we
expect to establish satellite offices in the Central Region." The
corporate office will be located at: -0- *T Peach State Health Plan
3200 Highland Parkway SE Suite 300 Smyrna, GA 30082 *T Key PSHP
personnel include: Daniel R. Paquin -- Chief Executive Officer and
Acting Chairman of the Board -- Mr. Paquin has served in
increasingly senior positions at several healthcare companies
providing services to Medicaid and Medicare members. Since 2002,
Mr. Paquin has been the Senior Vice President, Health
Plans/Development for Centene and was instrumental in laying the
groundwork in Georgia for PSHP. Mr. Paquin retains a position of
Senior Vice President of Centene Corporation; he will serve as
Chairman until a local community leader is elected to the position.
Brenda A. Williams -- Vice President, Regulatory Affairs &
Compliance -- Ms. Williams has extensive experience in the
healthcare industry as an expert in alternative provider systems
with specific emphasis on planning and directing Medicaid/Medicare
and commercial managed care plans. Ms. Williams previously provided
consulting services to Centene and was formerly a Vice President
for Providers Direct Health Plan of Georgia. Ms. Williams has also
held other executive level positions within metro-Atlanta focusing
on statewide programs and issues. Michael W. Brooks, M.D. --
Interim Medical Director and Member of the Board -- Dr. Brooks has
an extensive background in the medical field including clinical and
managerial positions. Since 1996, Dr. Brooks has held the position
of Senior Vice President and Chief Operating Officer for West End
Medical Centers in Atlanta. Dr. Brooks is board certified in
Internal Medicine and also received a Master of Business
Administration from Emory University. J. Scott Garrett -- Director,
Contracting and Network Development -- Mr. Garrett has over 15
years of experience in managed healthcare and specializes in
creating high quality provider networks. Mr. Garrett was formerly
an Executive Vice President for Providers Direct Health Plan of
Georgia. Alonzo Chad Pendleton, Jr. -- Director, Provider Relations
-- Mr. Pendleton has a Master's Degree in Health Administration and
nearly 10 years of experience in provider relations and network
development. Prior to joining PSHP, Mr. Pendleton was the Director
of Provider Services at United American Healthcare Corporation in
Tennessee. Local representatives on the PSHP Board of Directors
include: Michael W. Brooks, M.D. -- Director Gwelda Swilley-Burke
-- Secretary -- Ms. Swilley-Burke is Managing Consultant for Gray
& Company in Atlanta. Ms. Swilley-Burke has over 20 years of
financial management experience and currently manages all of the
institutional investment consulting for Gray & Company. Ms.
Swilley-Burke is also an active member of the National Association
of Securities Professionals. David M. Williams, M.D. -- Director --
Dr. Williams is currently the Chief Executive Officer for Southside
Medical Center, Inc. in Atlanta and is a board certified family
practice physician. Dr. Williams has a 20-year track record of
developing and delivering quality healthcare programs for the
Atlanta metropolitan area. About Centene Corporation Centene
Corporation provides multi-line managed care programs and related
services to individuals receiving benefits under Medicaid,
including Supplemental Security Income (SSI) and the State
Children's Health Insurance Program (SCHIP). The Company operates
health plans in Indiana, Kansas, Missouri, New Jersey, Ohio, Texas
and Wisconsin. In addition, the Company contracts with other
healthcare organizations to provide specialty services including
behavioral health, nurse triage and treatment compliance.
Information regarding Centene is available via the Internet at
www.centene.com and www.pshpgeorgia.com.
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