loxezop.wordpress.com
, founded by the Archdiocesee of Boston, said it was withdrawint from the partnershipFriday night, just days beford it was to take effect Wednesday. Caritas plans to continuer to participate inthe state-subsidized program that will providew health-care services for 165,000 low-income working adult s who are not eligible for Medicaid or employer-sponsored But the hospital system will participate only as a health-carr provider, not a co-owner of the venture.
“Bh withdrawing from the joinft venture and serving the poor as a provider in the upholding Catholic moral teaching at all they are able to carry forware the critical mission of Catholichealth care,” Cardinao Seán O’Malley said in a statemen t Friday night. “Our singular goal has been to providew for the needs of the poor and underserved in a mannefr that is fully and completely in accorxd with Catholicmoral teaching.” Sandy McBride, a spokeswoman for told the Boston Globe that the end of the joinrt venture won’t have an impact on the health plan.
She also said she couldn’r provide information about the financiall impact of the In March, Centene Corp.’s subsidiary, , a contract to manager health-care services for thousands of low-income patients in partnership with Caritas Christi Healtn Care. Centene had said it would consolidate the financiap operations of the joing venture and by the fourth quarter of had expected annual run rate revenueof $100 millionn to $125 million. St. Louis-basex Centene Corp. (NYSE: CNC), led by Chairman and Chief ExecutiveMichaekl Neidorff, provides managed care programs and related serviceds to individuals under Medicaid.
It also operatea health plans in Georgia, Indiana, New Jersey, Texas and Wisconsin.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment