Earlier this week, Molina Healthcare (NYSE: MOH) announced its subsidiary, Molina Healthcare of Mississippi, had been awarded a Medicaid Coordinated Care Contract to join Mississippi’s Coordinated Access Network. Molina Healthcare’s CEO, Joseph White, admitted he was pleased to have been selected to join the MississippiCAN program. He also said, “This award adds to our existing Medicaid footprint of 12 states and the Commonwealth of Puerto Rico.” White made it clear that the company would be working closely with the Division, local providers, and community leaders to ensure high-quality, cost effective healthcare is provided to Mississippi’s Medicaid members.
The MississippiCAN program has been designed to ensure residents of Mississippi have access to much needed medical services and improved quality of care. The goal is to also improve the efficiency and cost effectiveness of the state’s Medicaid program. The FORUTE 500 company, Molina, was selected by the state after request for proposals was issued in February of this year. The contract is set to begin at the beginning of July of this year, but the company has set an operational start date for July of 2018.
Before the program can begin, a readiness review will need to be conducted by the Mississippi Division of Medicaid. The contract extends over a period of three years and the company has the option of renewing the contract for up to two additional years.