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Cityblock Health and Meridian Health Plan of Illinois Announce Partnership to Serve 10,000 Medicaid Members

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Innovative value-based care arrangement specifically targets complex challenges facing Medicaid bene...

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Corporate Developments

Successful integration and expansion in Medicaid can significantly affect Centene's revenue and stock performance. The partnership builds on proven models and the company's existing capabilities, enhancing overall business fundamentals.

FAQ

Why Bullish?

The expansion into Illinois opens new revenue streams for Centene. Historical trends show that increasing service capacity in Medicaid consistently benefits managed care providers.

How important is it?

Successful integration and expansion in Medicaid can significantly affect Centene's revenue and stock performance. The partnership builds on proven models and the company's existing capabilities, enhancing overall business fundamentals.

Why Long Term?

This new partnership will enhance Centene's market reach over time, leading to sustainable growth. Long-standing partnerships typically yield compounding benefits, evident from previous successful regional expansions.

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Cityblock Health Partners with Meridian Health Plan to Enhance Medicaid Services in Illinois

Cityblock Health and Meridian Health Plan of Illinois, Inc. ("Meridian") have announced a strategic partnership aimed at providing comprehensive, community-based healthcare to 10,000 Medicaid beneficiaries. This initiative will span urban and rural areas across 17 counties, including the greater Springfield and St. Louis Metro East regions.

Context of the Partnership

Meridian, a prominent managed care organization in Illinois and a subsidiary of Centene Corporation (NYSE: CNC), joins forces with Cityblock, a healthcare provider specializing in serving Medicaid and dual-eligible populations. Having initiated operations in Illinois in 2024, this marks the fourth regional collaboration between Centene and Cityblock, reinforcing their existing partnerships in New York, Ohio, and Florida.

Objectives of the Partnership

The collaboration intends to foster seamless clinical and care coordination for Medicaid members. By integrating Cityblock's wrap-around care services with the existing primary care services of Meridian, the partnership aims to deliver comprehensive support.

  • 24/7 access to primary and urgent care
  • Behavioral health services
  • Social care support
  • Clinical pharmacy services
  • Care management and support

Leadership Comments on the Initiative

“Meridian is excited to add Cityblock to our expanding value-based care provider network. Their integrated and innovative model addresses the complex needs of Medicaid populations, who are often at higher risk for poor health outcomes,” stated Cristal Gary, Meridian Plan President and CEO. “Together, we are committed to delivering whole-person care that enhances access, equity, and health outcomes for our members.”

Mike Roaldi, President of Cityblock Health, also commented, “Meridian is an innovative managed care plan with a longstanding history in Illinois. We are honored to collaborate with their provider network to drive better outcomes and sustainable value for members and providers alike. With nearly one in four Illinois residents enrolled in Medicaid, there is a significant demand to expand access to quality care for this complex population."

About Meridian Health Plan

Meridian Health Plan of Illinois and its associated health plans deliver government-sponsored managed care to families, children, seniors, and individuals with intricate medical needs. Their services include:

  • Medicaid and Medicare-Medicaid plans
  • YouthCare HealthChoice Illinois, catering to youth under the care of the Illinois Department of Children and Family Services

Meridian aims to connect members to essential healthcare and provide comprehensive services that promote lifelong wellness. As a subsidiary of Centene Corporation, they are dedicated to helping individuals live healthier lives.

About Cityblock Health

Cityblock Health is focused on the unique clinical, behavioral health, and social needs of dually eligible and Medicaid beneficiaries. The organization delivers a fully integrated solution, targeting one of the most vulnerable and underserved populations in healthcare.

Leveraging advanced technology and data insights, Cityblock has demonstrated significant success in member engagement, retention, reduced avoidable hospital readmissions, and overall cost reduction. Currently, Cityblock provides care to more than 100,000 members and partners with various Medicaid health plans across over ten states.

Final Notes

Cityblock Health ensures that all medical services are provided by licensed physicians and healthcare practitioners. The management and administrative services to Cityblock Medical Practices are handled by Cityblock Health, Inc.

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