Centene Corporation Receives Notification of Intent to Contract From the State of Mississippi
November 24 2009 - 3:41PM
PR Newswire (US)
ST. LOUIS, Nov. 24 /PRNewswire-FirstCall/ -- Centene Corporation
(NYSE: CNC) today announced that the Mississippi Division of
Medicaid has selected Centene as one of two Coordinated Care
Organizations to participate in the Mississippi Coordinated Access
Network (MississippiCAN), a coordinated care program for
Mississippi Medicaid beneficiaries. Centene is working with the
Division to execute a contract in which the company will serve
eligible members throughout the state, as Magnolia Health Plan
(Magnolia). Based in Jackson, Miss., Magnolia will work with the
state of Mississippi and local providers to enhance care for
eligible Medicaid members in all 82 counties of Mississippi.
Members that are eligible under the MississippiCAN program include
Supplemental Security Income (SSI), and Foster Care children, among
other Medicaid categories. Michael F. Neidorff, Chairman and Chief
Executive Officer for Centene, stated, "We are honored to be
selected by the Division and appreciate the opportunity to provide
comprehensive, coordinated healthcare services to Mississippi
residents. This represents the first step in a growing relationship
with Mississippi. Magnolia Health Plan will be a long-term solution
to help the state improve health outcomes for its residents while
most effectively managing Medicaid funds." Centene will provide
updated information upon executing final terms of the contract and
receiving necessary regulatory approvals. 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 Children's Health
Insurance Program (CHIP), as well as Aged, Blind, or Disabled
(ABD), Foster Care, Long-Term Care and Medicare (Special Needs
Plans). The Company operates local health plans and offers a wide
range of health insurance solutions to individuals and the rising
number of uninsured Americans. It also contracts with other
healthcare and commercial organizations to provide specialty
services including behavioral health, life and health management,
managed vision, telehealth services, pharmacy benefits management
and medication adherence. Information regarding Centene is
available via the Internet at http://www.centene.com/. DATASOURCE:
Centene Corporation CONTACT: Edmund E. Kroll, Senior Vice
President, Finance & Investor Relations, +1-212-759-0382, or
Deanne Lane, Senior Director, Media Affairs, +1-314-725-4477, both
of Centene Corporation Web Site: http://www.centene.com/
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