Core Insights - Collaborative Health Systems (CHS) is expanding into Virginia, allowing providers to join the Chesapeake Independent Physician Association (CIPA) to enhance collaboration in value-based care [1][3] - CIPA, managed by CHS, has been operational in Maryland since 2018 and includes over 150 provider groups, participating in Medicare Shared Savings Programs and various health plans [2][5] - The expansion aims to support providers in achieving success in value-based care through improved operational efficiency, reduced costs, and enhanced patient health outcomes [3][5] Company Overview - Collaborative Health Systems (CHS) is a management services organization that partners with independent primary care physicians transitioning to value-based care models [5] - CHS provides comprehensive support, including management services, risk contracting, and population health capabilities, to enhance care coordination and address gaps in care [5] - The organization currently manages multiple Accountable Care Organizations (ACOs) and contracts with private payers to facilitate provider participation in value-based care across various business lines [5]

The "Be the One" initiative raises awareness of resources available to support veterans The initiative also focuses on education and seeks to reduce the stigma associated with seeking mental health services TAMPA, Fla., May 28, 2024 /PRNewswire/ -- Wellcare, the Medicare business of Centene Corporation (NYSE: CNC) and the American Legion, the nation's largest wartime veterans services organization, launched a veteran suicide prevention initiative. The "Be the One" initiative raises awareness of the resource ...

"We are excited to unveil our new pharmacy facility in Chesterfield, which reflects our ongoing investment in providing exceptional care and support to our patients and the community," said President of AcariaHealth, Jessica Ciccolella-Kahl. "This state-of-the-art facility will enable us to enhance our capabilities to better serve our patients' needs while offering a more comfortable and efficient environment for our dedicated team of pharmacy professionals." Foundation Care pharmacists and staff are devote ...

ST. LOUIS, May 27, 2024 /PRNewswire/ -- Centene Corporation (NYSE: CNC), a leading healthcare enterprise committed to helping people live healthier lives, announced today it will present at the Bernstein 40th Annual Strategic Decisions Conference 2024. Centene will present on Friday, May 31st at 8:00 a.m. Eastern Daylight Time (EDT). A simultaneous live audio webcast will be available at: https://event.webcasts.com/starthere.jsp? ei=1668807&tp_key=5c9c1d110a&tp_special=8. A webcast replay will be available ...

Cityblock is the perfect partner for Sunshine Health, given its care model, to cater to members with complex care needs and who are more likely at higher risk for poor health conditions. Per Cityblock's 2024 Equity in Action report, its care model has led to increased clinical continuity and engagement and reduced avoidable inpatient admissions. Such value propositions are expected to reduce medical costs for CNC, enabling it to report better profit margins in the future. Centene Corporation's (CNC) wholly- ...

Multiyear partnership will focus on predevelopment loans to enable approximately $900 million in planning activity and construction Partnership expected to create thousands of housing units and drive improved health outcomes for Medicaid- eligible populations through increased access to health-related services ST. LOUIS, May 21, 2024 /PRNewswire/ -- The Centene Foundation ("the Foundation"), the philanthropic arm of Centene Corporation ("Centene") [NYSE: CNC] – a leading healthcare enterprise focused on tra ...

Partnership Overview - Cityblock has partnered with Sunshine Health to provide primary care and care coordination services to high-need Medicaid members in 11 Central Florida counties, starting May 1, 2024 [1][2] - The partnership aims to offer 24/7 access to care teams, allowing members to engage with their multidisciplinary care team virtually, at home, or in local clinics [1][2] Company Profiles - Cityblock, founded in 2017, serves over 100,000 Medicaid and Medicare-Medicaid dually eligible beneficiaries, delivering integrated clinical care, behavioral health services, and social care [3] - Sunshine Health is one of the largest healthcare plans in Florida, offering coordinated care through various government-sponsored managed care programs, and is a wholly owned subsidiary of Centene Corporation [6] Care Model and Impact - Cityblock's care model is designed for members with complex needs, aiming to reduce unnecessary emergency department visits and avoidable inpatient admissions while improving quality of care and member engagement [2] - According to Cityblock's 2024 Equity in Action Report, the care model has led to increased engagement, clinical continuity, and significant reductions in avoidable inpatient admissions [2] Market Expansion - The partnership marks Cityblock's expansion into Florida, building on its existing relationships with Centene in New York and Ohio [1][2] - Cityblock operates in multiple states, including New York, Massachusetts, North Carolina, Ohio, Indiana, Illinois, and Florida, and partners with three of the top five national Medicaid health plans [3]

With the market rally broadening out, value sectors are beginning to catch a bid. Healthcare deserves consideration as one of the value sectors presenting some bargains in this overheating market. As of this writing, the healthcare sector has increased by 7.0% year-to-date (YTD). Although that's a decent return, it pales in comparison to the 15% gain for technology and the 20% gain in communication services. This underperformance presents a catchup opportunity for healthcare. Moreover, the sector is trading ...

Centene Corporation (CNC) recently unveiled that its Kansas unit, Sunflower Health Plan, was awarded a Medicaid managed care contract from the Kansas Department of Administration to serve members of the State of Kansas' Medicaid and Children's Health Insurance Program, KanCare. The new program will be in effect from the very beginning of 2025 and will run for a period of three years, further holding renewal options for two times for 12 months each. The contract win has endowed the CNC subsidiary with an opp ...

"We know that we best serve our diverse customers when our workforce reflects and is part of the communities we serve," said Centene Chief Executive Officer, Sarah M. London. "I'm so proud that Centene is once again one of Fair360's Top 50 Companies for Diversity, because it shows our continued dedication to cultivating an employee population that deeply understands the needs and experiences of our members." Centene was also included in three of Fair360's specialty ranking lists: No. 7 for Top Companies for ...