Understanding Carolina Complete Health Network

CCHN-logo_RGB headerCarolina Complete Health Network (CCHN) was formed by the North Carolina Medical Society (NCMS) for the purpose of establishing, building and maintaining a physician-led network of providers to serve Medicaid beneficiaries in North Carolina.

On January 10, 2017, NCMS, working in conjunction with the North Carolina Community Health Center Association (NCCHCA), announced CCHN had signed a definitive agreement with Centene Corporation (NYSE: CNC) to collaborate on a patient-focused approach to Medicaid under the reform plan enacted in the State of North Carolina. Under the agreement, a joint venture, Carolina Complete Health, will be created to establish, organize and operate a physician-led health plan to provide Medicaid managed care services in North Carolina.  CCHN will furnish provider network services to Carolina Complete Health, to serve Medicaid beneficiaries with value-based models-of-care.

As NCMS CEO Robert W. Seligson stated at the time of the announcement: “With the changes taking place in our health care system at the state level with Medicaid reform and new programs at the national level, the NCMS remains committed to ensuring that physicians are the ones making the clinical decisions in the best interest of their patients. Our leadership views this partnership as a unique opportunity to help lead the reform process and to put patients’ needs first.”

To arrange an informational meeting with CCHN’s leadership team, please contact CCHN at networkrelations@cch-network.com.  Also, for current CCHN news, please visit CCHN’s website.

Also in this issue of the NCMS Bulletin read about public hearings on the state’s Medicaid reform plans held this month by the North Carolina Department of Health and Human Services.

NCMS and CCHN are “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 CCHN’s securities. 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 Any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of its acceptance given after the qualification date.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 NCMS, CCHN nor any other person assumes responsibility for the accuracy and completeness of the forward-looking statements. NCMS and CCHN 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.

 
 

Share this Post