Centene Corporation Selected for Ohio Medicaid Contract
Centene Corporation (NYSE: CNC) has been notified by the Ohio Department of Job and Family Services (ODJFS) that Buckeye Community Health Plan (Buckeye), Centene's Ohio subsidiary, has been selected as one of five health plans to be awarded a contract to serve Medicaid members in Ohio, effective January 2013.
Under the new state contract, Buckeye will operate statewide through Ohio's three newly aligned regions (West, Central/Southeast, and Northeast). Coverage for both CFC and ABD recipients has been combined into a single contract for each region.
The ODJFS on April 6, 2012, initially announced five health plans had been selected as part of the state's recent RFA process. Buckeye was not among the plans selected at that time and was one of five plans that filed a formal protest on April 16. After review of applications, the protests, and other correspondences from the applicants and, after a rescoring of the applications, the ODJFS has recommended Buckeye to be awarded a Medicaid contract.
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.