MANAGED PLANS STABLE, STUDY FINDS.Managed-care plans that provide services to 2.6 million low-income low-in·come adj. Of or relating to individuals or households supported by an income that is below average. Californians covered by Medi-Cal, the state's Medicaid Medicaid, national health insurance program in the United States for low-income persons; established in 1965 with passage of the Social Security Amendments and now run by the Centers for Medicare and Medicaid Services. program, are financially stable and, in fact, are outperforming health plans that do not serve Medi-Cal patients. What's more, they are performing better financially than other Medicaid and non-Medicaid plans nationally. While the operating margins Operating Margin A ratio used to measure a company's pricing strategy and operating efficiency. Calculated by: are slim _ just 4 percent _ the positive financial picture is good news for beneficiaries and policy makers, especially in the light of the recent exodus of managed-care plans from Medicare Medicare, national health insurance program in the United States for persons aged 65 and over and the disabled. It was established in 1965 with passage of the Social Security Amendments and is now run by the Centers for Medicare and Medicaid Services. . These were some of the findings released Monday in an issue brief by the Oakland-based Medi-Cal Policy Institute, founded by the California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). Healthcare Foundation. Crystal Hayling, director of the institute, cautioned that although the study indicates that Medi-Cal managed care health programs were financially stable, and actually improved from 1996 to 1998, their financial health must be monitored over time. - Daily News Chatsworth firm near deal's end Chatsworth-based North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Scientific said Monday that it expects to complete its acquisition of Boston-based radiopharmacology company Theseus Imaging Corp. North American, a maker of therapeutic devices, said it expects the takeover, entered into in October, 1999, to be complete by the end of next month. Theseus shareholders will receive 350,000 shares of North American stock. - Daily News |
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