Market Overview

Vanguard Health Systems Not Awarded Arizona Medicaid Agency Contract for Year Commencing October 1, 2013

Vanguard Health Systems, Inc. (NYSE: VHS) (the “Company”) today
announced that its Phoenix, Arizona health plan subsidiary, VHS Phoenix
Health Plan, LLC (“PHP”), received a letter from the Arizona Health Care
Cost Containment System (“AHCCCS”) on Friday March 22, 2013, informing
PHP that it was not awarded an acute care program contract for the
program year commencing October 1, 2013. Under its current contract with
AHCCCS, which expires on September 30, 2013, PHP covers members in nine
Arizona counties: Apache, Coconino, Gila, Maricopa, Mohave, Navajo,
Pima, Pinal and Yavapai. PHP has served Arizona residents since 1983.

Pursuant to the terms of AHCCCS's request for proposal, pursuant to
which PHP submitted its bid (the “RFP”), PHP, as an unsuccessful

See full press release

Posted-In: News Guidance Contracts Management Global

 

Most Popular

Related Articles (VHS)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters