CHC will coordinate physical health and long-term services and supports for Medicare and Medicaid beneficiaries. It could be valued at $5.4 billion in annual revenue, The Philadelphia Inquirer reported.
DHS selected the managed care organizations from 14 companies vying for the statewide contracts. Pittsburgh-based UPMC, Philadelphia-based AmeriHealth and St. Louis-based Centene will proceed with negotiations to offer services beginning 2017.
“The MCOs selected will provide a choice of healthcare and LTSS providers to everyone moving into CHC and allow them to receive the services they need in a coordinated manner,” DHS Secretary Ted Dallas said.
More articles about payer issues:
15 proposals from CMS’ 2018 notice of Benefit and Payment Parameters
Medicare Advantage audits reveal widespread overbilling
Aetna’s hardball negotiation tactics spread to other insurers
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.