MURDER, POLITICS, AND THE END OF THE JAZZ AGE
by Michael Wolraich
By Phil Galewitz, Kaiser Health News (in collaboration with USA Today,) Jan. 7, 2014
Lede: A growing number are starting for-profit Medicaid managed care plans to boost revenue and gain more control over patient care
Excerpt: "If you have to ask for money from the bank … you might as well be the bank," says William Baker, a health center consultant in Austin, Texas.
A number of community health centers have already formed nonprofit Medicaid health plans, including ones in California, Rhode Island and New York. Prestige is one of a handful of for-profit plans created by the centers, but more are looking at that business model as a result of two overlapping trends: the increasing number of people eligible for Medicaid under the federal health law and state decisions to shift enrollees into managed care plans.
[....] Two of today's largest for-profit Medicaid insurers -- Centene and Amerigroup -- started out as nonprofits owned by community health centers [....]