Janet Phipps, director of Iowa’s department of administrative services, recommended WellCare’s bid be terminated after the company allegedly failed to disclose a corporate integrity agreement revealing a $137.5 million settlement to resolve false claims litigation.
Already, 125,00 Iowans have been assigned to receive managed care services from the Tampa, Fl.-based insurer.
WellCare maintains it “fully disclosed and described in great detail” the settlement payment and corporate integrity agreement in question. The company plans to seek an immediate injunction in Polk County District Court, according to the article.
More articles on payer issues:
Alegeus, Blue Cross Blue Shield of Massachusetts partner for consumer directed health plans
Carteret, BCBS of North Carolina in contract dispute
County officials urge Carondelet, Blue Cross to resolve impasse
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.
