logo
  Join        Login             Stock Quote

Molina Healthcare Selected to Participate in the Illinois Integrated Care Delivery System for Dual Eligibles

Thursday, November 15, 2012 4:00 PM


Molina Healthcare, Inc. (NYSE: MOH) today announced that its Illinois health plan, Molina Healthcare of Illinois, has been chosen to serve members in Central Illinois under the state’s Medicare-Medicaid Alignment Initiative (MMAI). This initiative is intended to improve care coordination for seniors and adults with disabilities enrolled in both Medicare and Medicaid. The selection of Molina Healthcare of Illinois was made by the Illinois Department of Healthcare and Family Services pursuant to its request for proposals issued in May 2012. The commencement of the initiative is subject to the readiness review of the selected health plans and the execution of three-way provider agreements between the health plans, the Department, and the federal Centers for Medicare and Medicaid Services (CMS). The MMAI is subject to federal approval. The operational start date for the program, which will serve approximately 136,000 dual eligible members in the state, is currently scheduled for Fall of 2013.

“We are excited to be selected as one of the plans to manage the health care of this vulnerable population in Illinois,” said Terry Bayer, chief operating officer of Molina Healthcare. “We have years of experience across the country in coordinating care for at-risk individuals who are eligible for both Medicare and Medicaid. Our prior experience with this population will help us to improve health outcomes while we reduce costs for the state of Illinois.”

The Central Illinois area includes Knox, Peoria, Tazewell, McLean, Logan, DeWitt, Sangamon, Macon, Christian, Piatt, Champaign, Vermilion, Ford, Menard, and Stark counties. In addition to the MMAI, Molina will also serve other seniors and persons with disabilities in the Medicaid Program as the state expands the Integrated Care Program that was implemented in suburban Cook County and the five collar counties in May of 2011.

Molina Healthcare has also been selected to participate in dual eligibles demonstration projects in California and Ohio, which are scheduled to begin in 2013.

About Molina Healthcare, Inc.

Molina Healthcare, Inc. a FORTUNE 500 company, provides quality and cost-effective Medicaid-related solutions to meet the health care needs of low-income families and individuals and to assist state agencies in their administration of the Medicaid program. Molina Healthcare’s licensed health plans in California, Florida, Michigan, New Mexico, Ohio, Texas, Utah, Washington, and Wisconsin currently serve more than 1.8 million members, and its subsidiary, Molina Medicaid Solutions, provides business processing and information technology administrative services to Medicaid agencies in Idaho, Louisiana, Maine, New Jersey, and West Virginia, and drug rebate administration services in Florida. More information about Molina Healthcare is available at www.molinahealthcare.com.

(Source: Business Wire )
(Source: Quotemedia)

Advertisement
Advertisement



Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.