Centene Corporation Subsidiary Awarded Acute Care Contract in Arizona
May 14 2008 - 12:53PM
Business Wire
Centene Corporation (NYSE: CNC) today announced that Bridgeway
Health Solutions of Arizona (Bridgeway), a wholly-owned subsidiary
of Centene Corporation, has received notification from the Arizona
Health Care Cost Containment System (AHCCCS) that it has been
awarded a contract to provide Acute Care services to Medicaid
recipients in the Yavapai Service Area. Bridgeway has accepted the
contract award, which is effective October 1, 2008, with a
three-year term and two one-year options to renew. This is the
third contract awarded to Centene by the State of Arizona.
Bridgeway currently provides long-term care services to members in
Maricopa and Yuma/LaPaz Service Areas and will build upon its
existing operations in Phoenix, Arizona to serve these new members.
Cenpatico Behavioral Health of Arizona currently provides
behavioral health services in the counties of Yuma, La Paz, Pinal
and Gila. Jesse N. Hunter, Executive Vice President of Corporate
Development for Centene, stated, "We appreciate the opportunity to
expand our operations in the State of Arizona. We are pleased about
the competitive benefit in being the only new entrant into the
Acute Care program and the impact this has on our long-term ability
to develop our Arizona businesses.� Recognizing the start date of
October 1, 2008, we expect no significant financial impact in 2008.
About Centene Corporation Centene Corporation is a leading
multi-line healthcare enterprise that provides programs and related
services to individuals receiving benefits under Medicaid,
including the State Children's Health Insurance Program (SCHIP),
Supplemental Security Income (SSI) and Medicare (Special Needs
Plans). The Company operates health plans in Arizona, Georgia,
Indiana, New Jersey, Ohio, South Carolina, Texas and Wisconsin. In
addition, the Company contracts with other healthcare and
commercial organizations to provide specialty services including
behavioral health, life and health management, long-term care,
managed vision, nurse triage, pharmacy benefits management and
treatment compliance. Information regarding Centene is available
via the Internet at www.centene.com.
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