ST. LOUIS, MO – Maryland’s Medicaid program is set to receive a significant boost in service quality as Maryland Physicians Care (MPC), a leading managed care organization, has chosen Envolve, Inc., a specialty solutions division of Centene Corporation, to manage its health plan operations. This partnership, effective July 1, 2017, is poised to strengthen healthcare services for over 190,000 Maryland residents enrolled in the Maryland HealthChoice program.
Maryland Physicians Care, deeply rooted in the local Maryland community, plays a crucial role in administering healthcare to a substantial portion of the state’s Medicaid beneficiaries. With revenues exceeding $900 million, MPC requires robust and efficient management to ensure optimal healthcare delivery and financial stewardship. Envolve, with its extensive expertise in health solutions, is well-positioned to provide comprehensive management services, encompassing both revenue management and medical expense oversight. This collaboration will also bring over 200 jobs to Maryland, starting in July 2017, further contributing to the local economy.
Jesse Hunter, Executive Vice President, Products for Centene, expressed enthusiasm about the partnership, stating, “We are honored to be selected by Maryland Physicians Care to partner with them in delivering coordinated healthcare services and programs to the people of Maryland. We are eager to work alongside MPC to implement our innovative care management programs and improve the health outcomes of the community, one individual at a time.” This statement underscores the shared commitment of both organizations to enhance the health and well-being of Maryland residents through proactive and coordinated care initiatives.
This newly established contract is anticipated to commence in 2017 and is not expected to alter Centene’s previously disclosed financial projections for 2016. This stability is important for investors and stakeholders, ensuring that the partnership is built on solid financial ground.
Centene Corporation: A National Leader in Managed Healthcare
Centene Corporation, a Fortune 500 company, stands as a diversified, multinational healthcare enterprise dedicated to serving government-sponsored healthcare programs. Their primary focus is on individuals who are under-insured and uninsured, populations that often face significant barriers to accessing quality healthcare. Centene’s extensive portfolio of services caters to various government programs, including Medicaid, the State Children’s Health Insurance Program (CHIP), Aged, Blind or Disabled (ABD) programs, Foster Care, Long Term Care (LTC), and other state-sponsored initiatives. Furthermore, Centene is a key player in Medicare, including the Medicare Part D prescription drug benefit, and collaborates with the U.S. Department of Defense and U.S. Department of Veterans Affairs to deliver healthcare solutions.
Centene’s operational model is built around local health plans, allowing for tailored healthcare solutions that meet the specific needs of diverse communities. Beyond health plans, Centene offers a wide array of specialty services to healthcare and commercial organizations. These include behavioral health management, cutting-edge care management software, correctional healthcare services, dental benefits management, in-home health services, life and health management programs, managed vision care, pharmacy benefits management, specialty pharmacy services, and telehealth solutions. This comprehensive suite of services positions Centene as a versatile and impactful force in the healthcare landscape.
For investors and those seeking further information, Centene proactively utilizes its investor relations website to disseminate important company updates and financial details. This ensures transparency and accessibility to crucial information for stakeholders. Detailed financial and corporate information is readily available on Centene’s investor relations website: http://www.centene.com/investors.
Envolve, Inc.: Transforming Healthcare through Integrated Solutions
Envolve, Inc., the specialty solutions arm of Centene Corporation, embodies a commitment to simplifying, enhancing, and broadening access to healthcare. As a catalyst for positive change within the healthcare industry, Envolve is dedicated to improving community health, one person at a time. Envolve achieves this through a unified approach, integrating a wide spectrum of critical healthcare services. These encompass medical management, comprehensive care management and coordination, specialty pharmacy services, Pharmacy Benefit Management (PBM), vision and dental benefits management, behavioral health management, life and health/wellness management programs, empowerment and education initiatives, telehealth services, 24/7 nurse advice lines, and advanced data analytics and IT solutions.
Through this extensive portfolio of integrated solutions, Envolve is equipped to address the multifaceted needs of Maryland Physicians Care and its members, ensuring efficient operations and improved healthcare outcomes. For further details about Envolve’s comprehensive offerings, please visit their website at www.envolvehealth.com or reach out via email at [email protected].
SOURCE: Centene Corporation
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