Centene Files Appeal with State of Kansas; Company to Challenge Selection of New Medicaid Providers.ST. LOUIS -- Centene Corporation (NYSE NYSE See: New York Stock Exchange : CNC (Computerized Numerical Control) See numerical control. CNC - Collaborative Networked Communication ) today announced that it has submitted a formal appeal to the Kansas Department of Administration in response to the State's selection of new Medicaid providers. On August 25th, the Kansas Health Policy Authority notified FirstGuard Health Plan Kansas, Inc., a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Centene, that its contract would end December 31, 2006. Michael F. Neidorff, Chairman and Chief Executive Officer of Centene, stated, "We have conducted a thorough review of the State's request for proposal (RFP (Request For Proposal) A document that invites a vendor to submit a bid for hardware, software and/or services. It may provide a general or very detailed specification of the system. 1. (business) RFP - Request for Proposal. 2. ) process and believe we have substantial grounds for undertaking this appeal. We remain committed to our employees, providers and members given our long-standing involvement and tenure in the State of Kansas." About Centene Corporation Centene Corporation provides multi-line managed care programs and related services to individuals receiving benefits under Medicaid, including Supplemental Security Income Supplemental Security Income A Social Security program established to help the blind, disabled, and poor. (SSI), and the State Children's Health Insurance Program (SCHIP SCHIP State Children's Health Insurance Program ). The Company operates health plans in Georgia, Indiana, Kansas, Missouri, New Jersey, Ohio, Texas and Wisconsin. In addition, the Company contracts with other healthcare organizations to provide specialty services, including behavioral health, disease management, managed vision, nurse triage, pharmacy benefit management A Pharmacy Benefit Manager (PBM) is a third party administrator of prescription drug programs. They are primarily responsible for processing and paying prescription drug claims. and treatment compliance. Information regarding Centene is available via the Internet at www.centene.com. About FirstGuard Health Plan Kansas, Inc. FirstGuard Health Plan Kansas, Inc. has had a contract with the State of Kansas since 1999. Throughout this time the organization has demonstrated a strong commitment to improving the health outcomes for members, partnership with providers and operational excellence. Examples include the Community Health Record pilot project, passage and implementation of the hospital assessment with increased provider reimbursement and quality improvement projects specific to asthma, low birthweight babies and childhood obesity. |
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