NCMS Partners to Create Medicaid Managed Care Health Plan

cch-webpage-header760pxThe North Carolina Medical Society (NCMS) is pleased to offer you a unique new opportunity in the ongoing Medicaid reform process. We are creating a health plan that upholds the values for which we have advocated for more than four years as the state reforms its Medicaid program — a Medicaid model of care that is patient-focused, physician-led, value-based and home grown here in North Carolina.

We could not undertake such an endeavor alone, and have chosen strategic partners with great care to ensure success. We are joining with the North Carolina Community Health Center Association (NCCHCA) and Centene Corporation. Both bring commitment to our values, as well as experience serving the Medicaid population.

By partnering with Centene Corporation to create such a health plan, we are embarking on an unprecedented new venture that brings a state medical society into direct collaboration with a partner like Centene. This new style of health plan is predicated on the belief that physicians know what is best for their patients, and therefore physicians will hold core ownership, governance and clinical policymaking roles.

We look forward to making this partnership a success for practicing physicians and Physician Assistants and for the people of North Carolina. Learn more at our webpage.


NCMS is “testing the waters” under Regulation A under the Securities Act of 1933, as amended, to gauge market demand from potential investors for an offering of securities by its wholly-owned subsidiary (the “issuer”) formed in connection with the contemplated joint venture between NCMS and Centene. No money or other consideration is being solicited, and if sent in response, will not be accepted. No offer to buy the securities can be accepted and no part of the purchase price can be received until an offering statement is filed with, and qualified by, the Securities and Exchange Commission. Any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of its acceptance given after the qualification date. A person’s indication of interest involves no obligation or commitment of any kind.

This communication contains forward-looking statements. In some cases, you can identify these statements by forward-looking words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “would,” “project,” “plan,” “expect” or the negative or plural of these words or similar expressions. These forward-looking statements include, but are not limited to, statements concerning the joint venture, the proposed health plan and our projections. You should not rely upon forward-looking statements as predictions of future events. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including, among other things, satisfaction of the conditions to closing of the joint venture transaction. In light of these risks, uncertainties and assumptions, the forward-looking events and circumstances discussed in this communication may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. Except as required by law, neither Centene, NCMS, the issuer, NCCHCA nor any other person assumes responsibility for the accuracy and completeness of the forward-looking statements. Centene, NCMS, the issuer and NCCHCA undertake no obligation to update publicly any forward-looking statements for any reason after the date of this communication to conform these statements to actual results or to changes in our expectations.

 
 

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