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Issue: 1123 Date: 3/1/2012
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Clayton-based Centene wins Missouri Medicaid contract
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Centene Corp. has won a major contract to manage the health care and behavioral health services of as many as 427,000 Medicaid beneficiaries in the state of Missouri, the Clayton-based company announced today.
Missouri's program is considered a $1.3 billion market in terms of total Medicaid-related expenditures. But Centene did not release an actual contract value, and company officials could not immediately be reached for comment.
Centene is the nation's fourth-largest Medicaid contractor, and among the most successful companies in the region, with about 5,300 employees nationwide, including more than 900 in the St. Louis area. With the award of the Missouri contract, those numbers are expected to grow.
The managed care company's subsidiary, Home State Health Plan, was chosen by Missouri officials after submitting a competitive bid to provide services in the state's 54 counties.
"We expect to commence operations in the third quarter of this year," Centene said in a news release.
Centene will provide coordinated healthcare and behavioral health services to Medicaid enrollees including those receiving benefits under categories of aid for parents and caretakers, children, newborns, pregnant women and refugees. It will also provide services for children in the care and custody of the state pending adoption, and the Children's Health Insurance Program. |
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