Medco Behavioral Care of Iowa awarded contract to manage State of Iowa Medicaid Managed Mental Healthcare Program.DES MOINES Des Moines, city, United States Des Moines (dĭ moin`), city (1990 pop. 193,187), state capital and seat of Polk co., S central Iowa, at the junction of the Des Moines and Raccoon rivers; inc. , Iowa--(BUSINESS WIRE)--Nov. 21, 1994--Medco Behavioral Care Corp. (MBC (Multimedia Benchmark Committee) A graphics benchmark that provides MPEG-2 and other tests. See GPC. ) announced Monday that the Iowa Department of Human Services (DHS DHS Department of Homeland Security (USA) DHS Department of Human Services DHS Department of Health Services DHS Demographic and Health Surveys DHS Dirhams (Morocco national currency) ) awarded its Iowa subsidiary a contract to manage the State's Medicaid Managed Mental Health Care Program (MMHCP). The MMHCP is designed to provide comprehensive mental health clinical and administrative services to approximately 190,000 Medicaid-eligible individuals throughout the entire State of Iowa. The two-year contract, which commences on March 1, 1995, is valued at approximately $46 million per year. The award of this contract to MBC of Iowa was made following the disqualification of Value Behavioral Health Behavioral health was first used in the 1980's to name the combination of the fields mental health and substance abuse. As an example, an organization serving both mental health and substance abuse clients might refer to its practice as behavioral health or Inc. (VBH VBH Virginal Breast Hypertrophy ) from the bidding process. VBH had initially been awarded the contract by DHS. However, a Polk County Polk County is the name of twelve counties in the United States, all except two named after president of the United States James Knox Polk:
In addition to offering an entirely local service operation to serve the MMHCP, MBC of Iowa offered the lowest allowable rate proposal, which guarantees the State a minimum savings of 14 percent as compared to the current rate of expenditure, or in excess of $16 million over the life of the contract. Aside from MBC and VBH, six other managed behavioral healthcare companies vied for the award. Commenting on the award to MBC of Iowa, Shannon R. Kennedy, Ph.D., president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of MBC, stated, "We are delighted to have this opportunity to work in partnership with DHS to build a program that effectively serves the very complex and compelling needs of Iowa Medicaid beneficiaries and we commend the DHS for the rigor rigor /rig·or/ (rig´er) [L.] chill; rigidity. rigor mor´tis the stiffening of a dead body accompanying depletion of adenosine triphosphate in the muscle fibers. with which they undertook the full evaluation process. Our company's extensive experience with Medicaid programs has enabled us to offer a locally-managed program which will not only enhance access to care for tens of thousands of people, but will also result in significant savings to the State of Iowa. MBC of Iowa, its employees and its affiliated healthcare providers are dedicated to ensuring that the Medicaid beneficiaries are well-served and that the core mission of DHS is achieved." MBC of Iowa is a subsidiary of Medco Behavioral Care Corp. (MBC). Headquartered in Park Ridge Park Ridge, city (1990 pop. 36,175), Cook co., NE Ill., a suburb adjacent to Chicago, on the Des Plaines River; inc. 1873. It is chiefly residential. Several national and international corporations have their headquarters in Park Ridge. Nearby is O'Hare International Airport. , N.J., MBC provides managed behavioral healthcare services to over 13.5 million people in 50 states. MBC is a subsidiary of Medco Containment Services Inc., which is a subsidiary of Merck & Co. Inc. CONTACT: Medco Behavioral Care Corp.
Lisa Suennen, 415/742-0317 (work hours)
or 415/383-1227 (after hours)
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