Centene's Georgia Subsidiary Awarded Statewide Medicaid Contract

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Nov 18, 2016, 08:00 ET

ST. LOUIS, Nov. 18, 2016 /PRNewswire/ -- Centene Corporation (NYSE: CNC) today announced that the Georgia Department of Community Health (DCH) has awarded its Georgia subsidiary, Peach State Health Plan, a statewide managed care contract to continue serving members enrolled in the Georgia Families managed care program. The contract is expected to become effective July 1, 2017, and includes five additional one-year renewal options.

Through the new contract, Peach State Health Plan will be one of four managed care organizations providing medical, behavioral, dental, and vision health benefits for Georgia Families beneficiaries. The Georgia Families program covers members enrolled in Medicaid, PeachCare for Kids (the state's Children's Health Insurance Program), and Planning for Healthy Babies (the state's Section 1115 Family Planning Waiver program).

"The Peach State Health Plan team is honored by the opportunity to continue serving Georgia Medicaid recipients," said Patrick Healy, President and CEO of Peach State Health Plan. "We have been proud to provide comprehensive, coordinated healthcare services to Georgia residents for the past ten years. We look forward to continuing our partnership with the state, local providers and community partners to ensure members are getting the quality healthcare they deserve."

Peach State Health Plan has been serving Medicaid members in Georgia since 2006 and served 498,000 members statewide at September 30, 2016.

About Centene Corporation

Centene Corporation, a Fortune 500 company, is a diversified, multi-national healthcare enterprise that provides a portfolio of services to government sponsored healthcare programs, focusing on under-insured and uninsured individuals. Many receive benefits provided under Medicaid, including the State Children's Health Insurance Program (CHIP), as well as Aged, Blind or Disabled (ABD), Foster Care and Long Term Care (LTC), in addition to other state-sponsored programs, Medicare (including the Medicare prescription drug benefit commonly known as "Part D"), as well as programs with the U.S. Department of Defense and U.S. Department of Veterans Affairs. Centene operates local health plans and offers a range of health insurance solutions. It also contracts with other healthcare and commercial organizations to provide specialty services including behavioral health management, care management software, correctional healthcare services, dental benefits management, in-home health services, life and health management, managed vision, pharmacy benefits management, specialty pharmacy and telehealth services.

Centene uses its investor relations website to publish important information about the Company, including information that may be deemed material to investors. Financial and other information about Centene is routinely posted and is accessible on Centene's investor relations website, http://www.centene.com/investors.

SOURCE Centene Corporation