New Research from North Carolina For Better Medicaid shows drastically low awareness of the Medicaid Managed Care Transformation beginning July 1
Findings demonstrate an urgent statewide need for increased awareness on the upcoming change to North Carolina s Medicaid system.
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RALEIGH, N.C., June 9, 2021 /PRNewswire/ Today, North Carolina for Better Medicaid (NCBM), a coalition of dedicated health care advocates from across North Carolina, released research from a statewide survey on the upcoming transition to Medicaid Managed Care. With this Thursday marking three weeks until the transformation, today s research shows a vital need for more awareness before the July 1st change impacts millions of North Carolinians. However, once provided with baseline information and education on Managed Care, residents across the state strongly supported the transition and overwhelmingly approved of its focus on improving patient access and
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The state is on the cusp of a huge change in healthcare, and most North Carolinians don’t know it’s happening, a new poll shows.
On July 1, North Carolina Medicaid will move from paying providers for each medical procedure to a managed care system, where insurance companies will be paid a set rate per person. About 1.6 million Medicaid beneficiaries must be enrolled in one of the new health plans, according to the state Department of Health and Human Services.
Republicans in the state legislature initiated the change more than five years ago as a way to save money. Democratic Gov. Roy Cooper’s administration embraced it as a way to improve health for people who use the government insurance program that covers low-income children, some of their parents, disabled people, and elderly people.
Cano Health Provides First Quarter 2021 Business Update
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MIAMI, June 9, 2021 /PRNewswire/ Cano Health, Inc. (NYSE: CANO), a leading value-based primary care provider for seniors and underserved communities, today announced business and financial results for the first quarter ended March 31, 2021, prior to the closing on June 3, 2021 of the recent business combination between Cano Health and Jaws Acquisition Corp.
First Quarter 2021 Financial Results
$280.1 million total revenue, up 107% from the prior-year period
116,895 members, a 91% increase from the prior-year period. Organic membership increased 43% from the prior-year period
Net loss of $10.5 million
$22.8 million Adjusted EBITDA, up 77% from the prior-year period. Adjusted EBITDA margin of 8.1% compared to 9.5% in the prior-year period
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