Managed care

Humana Awarded New Contract to Continue Serving Medicaid Managed Care Residents in Home State of Kentucky

Friday, May 29, 2020 - 11:25pm

Humana currently provides coordinated medical, wellness, and pharmacy benefits coverage and services to 150,000 Kentucky Medicaid recipients.

Key Points: 
  • Humana currently provides coordinated medical, wellness, and pharmacy benefits coverage and services to 150,000 Kentucky Medicaid recipients.
  • We commend the state for moving forward with enhancements to Medicaid that will better support people receiving coverage through the program.
  • Under the terms of Kentucky CHFSs agreement, the renewed Medicaid program will begin enrolling eligible Kentuckians in January 2021.
  • The statewide contract term is set to last through 2024, with the potential for an additional six (6) two-year contract extensions.

Evolent Health Partner Passport Health Plan is Not Selected for Kentucky Managed Medicaid Contract

Friday, May 29, 2020 - 10:33pm

WASHINGTON, May 29, 2020 /PRNewswire/ -- Evolent Health, a health care company that delivers proven clinical and administrative solutions to payers and providers,today announced that its partner, Passport Health Plan, received notification from the Kentucky Cabinet for Health and Family Services that Passport has not been awarded a Kentucky Managed Care Organization (MCO) contract for the next contract period, which commences January 1, 2021.

Key Points: 
  • WASHINGTON, May 29, 2020 /PRNewswire/ -- Evolent Health, a health care company that delivers proven clinical and administrative solutions to payers and providers,today announced that its partner, Passport Health Plan, received notification from the Kentucky Cabinet for Health and Family Services that Passport has not been awarded a Kentucky Managed Care Organization (MCO) contract for the next contract period, which commences January 1, 2021.
  • Passport is a Louisville, KY-based health plan that serves more than 300,000 Medicaid beneficiaries and has provided managed care services in the Commonwealth for 23 years.
  • Evolent will continue to provide services to Passport until the new Medicaid contracts take effect on January 1, 2021.
  • Evolent Health (NYSE: EVH) delivers proven clinical and administrative solutions that improve whole-person health while making health care simpler and more affordable.

Molina Healthcare Reaffirms its Commitment to Kentucky

Friday, May 29, 2020 - 10:27pm

Molina Healthcare is excited to reaffirm its commitment to the Commonwealth of Kentucky and to the city of Louisville with todays announcement of its upcoming participation in Kentuckys Medicaid managed care program.

Key Points: 
  • Molina Healthcare is excited to reaffirm its commitment to the Commonwealth of Kentucky and to the city of Louisville with todays announcement of its upcoming participation in Kentuckys Medicaid managed care program.
  • Our team at Molina is ready to begin serving the Commonwealth of Kentucky, said Molinas president and chief executive officer, Joe Zubretsky.
  • Molina Healthcare, Inc., a FORTUNE 500 company, provides managed healthcare services under the Medicaid and Medicare programs and through the state insurance marketplaces.
  • Through its locally operated health plans, Molina Healthcare served approximately 3.4 million members as of March 31, 2020.

Molina Healthcare Wins Kentucky Medicaid Contract

Friday, May 29, 2020 - 9:54pm

Molina Healthcare, Inc. (NYSE: MOH) today announced that its Kentucky health plan subsidiary has been selected as an awardee pursuant to the statewide Medicaid managed care RFP issued on January 10, 2020 by the Kentucky Cabinet for Health and Family Services (CHFS), Department for Medicaid Services (DMS).

Key Points: 
  • Molina Healthcare, Inc. (NYSE: MOH) today announced that its Kentucky health plan subsidiary has been selected as an awardee pursuant to the statewide Medicaid managed care RFP issued on January 10, 2020 by the Kentucky Cabinet for Health and Family Services (CHFS), Department for Medicaid Services (DMS).
  • The new contract for Molinas Kentucky health plan is expected to begin on January 1, 2021.
  • We are honored that Kentucky CHFS has selected Molina to serve the Commonwealths most vulnerable citizens, said Joe Zubretsky, Molinas president and CEO.
  • Molina Healthcare, Inc., a FORTUNE 500 company, provides managed healthcare services under the Medicaid and Medicare programs and through the state insurance marketplaces.

Tekla World Healthcare Fund Paid Distribution

Friday, May 29, 2020 - 3:17pm

The amounts and sources of distributions reported in this press release are only estimates and are not being provided for tax reporting purposes.

Key Points: 
  • The amounts and sources of distributions reported in this press release are only estimates and are not being provided for tax reporting purposes.
  • The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
  • Tekla World Healthcare Fund (NYSE: THW) is a closed-end fund that invests in companies in the healthcare industry.
  • Tekla also serves as investment adviser to Tekla Healthcare Investors (NYSE: HQH), Tekla Life Sciences Investors (NYSE: HQL) and Tekla Healthcare Opportunities Fund (NYSE: THQ), closed-end funds that invest in companies in the healthcare and life sciences industries.

Private Acute Healthcare in Central London, 2020 Market Report - ResearchAndMarkets.com

Friday, May 29, 2020 - 2:29pm

The "Private Acute Healthcare Central London Market Report" has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Private Acute Healthcare Central London Market Report" has been added to ResearchAndMarkets.com's offering.
  • The sixth edition of this industry standard Private Acute Healthcare - Central London Report, sponsored by the Medical Protection Society, is a trusted barometer of the market, and vital reading for anyone involved in this highly competitive market, whether as a hospital/clinic provider, an investor or as an advisor.
  • The report paints a picture of a market in a time of change.
  • Now worth 1.6 billion (2018), the market for private acute care in Central London has grown by 3.4% since 2017.

Lightship, Inc. Market Research Confirms Patients’ Interest in Direct-to-Patient Trial Offering Amidst COVID-19 Pandemic

Friday, May 29, 2020 - 1:00pm

Lightship, a global direct-to-patient clinical trial company, announced today the results of a nationwide market research survey, designed to capture patients opinions surrounding clinical trial participation during the COVID-19 pandemic.

Key Points: 
  • Lightship, a global direct-to-patient clinical trial company, announced today the results of a nationwide market research survey, designed to capture patients opinions surrounding clinical trial participation during the COVID-19 pandemic.
  • The results indicated that the option to participate in clinical research from home significantly offsets patients concerns around virus transmission.
  • The findings reinforce market forecasts that predicted a rapid uptick in direct-to-patient models, which increase patient access, lower costs, and shorten timelines in clinical trials.
  • We are partnering with leading sponsors to provide end-to-end solutions for patients to reduce the burden of trial participation.

FairWarning Drug Diversion Intelligence Helps Customers Outsmart Diverters

Friday, May 29, 2020 - 1:00pm

FairWarning , the proven leader in protecting the privacy of people and organizations by securing their most sensitive data is helping healthcare customers increase visibility into their drug diversion activity by detecting and remediating cases of drug diversion in real-time.

Key Points: 
  • FairWarning , the proven leader in protecting the privacy of people and organizations by securing their most sensitive data is helping healthcare customers increase visibility into their drug diversion activity by detecting and remediating cases of drug diversion in real-time.
  • The unfortunate reality is that drug diversion is a national crisis with incidents on the rise , said Kara Earle, senior drug diversion specialist at FairWarning.
  • By having access to Drug Diversion Intelligence, customers often find they have more time during the day to focus on the most pressing activities, especially those related to the pandemic.
  • *Quotes collected from selected commentary about FairWarning Drug Diversion Intelligence 2020 2020 KLAS.

Dr. Anthony Fauci, Dr. Moncef Slaoui and Top COVID-19 Thought Leaders Take Stage During BIO Digital Week

Thursday, May 28, 2020 - 10:15pm

We are inspired by the continued collaboration of biotechnology and pharma companies and look forward to BIO Digital 2020 revealing even more from innovators working to combat COVID-19 and leading health issues.

Key Points: 
  • We are inspired by the continued collaboration of biotechnology and pharma companies and look forward to BIO Digital 2020 revealing even more from innovators working to combat COVID-19 and leading health issues.
  • New programming reflects a heightened focus on COVID-19 highlighting vaccine development, clinical trials, innovative collaborations and technologies to combat the pandemic.
  • In response to the COVID-19 pandemic, BIO created a web page dedicated to resources for the biopharmaceutical industry.
  • BIO members are involved in the research and development of innovative healthcare, agricultural, industrial and environmental biotechnology products.

Molina Healthcare Announces Pricing of Offering of $800 Million of Senior Notes Due 2028

Thursday, May 28, 2020 - 9:45pm

The Notes will not be guaranteed by any of the Companys subsidiaries at the time of issuance.

Key Points: 
  • The Notes will not be guaranteed by any of the Companys subsidiaries at the time of issuance.
  • The Notes will bear interest at a rate of 4.375% per year.
  • Molina Healthcare, Inc., a FORTUNE 500 company, provides managed healthcare services under the Medicaid and Medicare programs and through the state insurance marketplaces.
  • Through its locally operated health plans, Molina Healthcare served approximately 3.4 million members as of March 31, 2020.