CENTENE ANNOUNCES SUCCESSFUL REPROCUREMENT OF CORRECTIONAL HEALTHCARE CONTRACT IN TENNESSEE
ST. LOUIS, August 1, 2017 - Centene Corporation (NYSE: CNC) announced today Centurion of Tennessee, LLC ("Centurion") has been recommended for contract award by the Tennessee Department of Correction for inmate health services. Centurion is a joint venture between Centene and MHM Services Inc.
Centurion began providing correctional healthcare services in Tennessee in 2013, and will continue to oversee care for over 20,000 inmates throughout the state. This latest award is expected to become effective in the third quarter of 2017.
“We view our collaboration with the Tennessee Department of Correction as a true partnership in providing responsible and cost-effective care for this complex population. We look forward to continuing our work and mission in this market," said Steven H. Wheeler, CEO of Centurion.
Centurion operates in eight states, providing statewide correctional healthcare services in Florida, Massachusetts, Minnesota, Mississippi, New Mexico, Tennessee, and Vermont; and provides administrative services in California through an affiliate.
About Centene Corporation
Centene Corporation, a Fortune 100 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 Centene, 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.