Latest news with #SilverSummitHealthplan
Yahoo
21-04-2025
- Business
- Yahoo
Centene Extends SilverSummit's Presence to the Edges of Nevada
Centene Corporation CNC recently announced that its subsidiary, SilverSummit Healthplan, has received a crucial contract with the Nevada Department of Health and Human Services. This will be a five-year contract with a possible two-year extension starting from Jan. 1, 2026 and mark a significant expansion of Medicaid managed care to the state's rural and frontier areas, regions that had historically been covered under the fee-for-service system. This contract strengthens Centene's position in the government-sponsored healthcare market. Silversummit has been serving Nevada's Medicaid population since 2017 and currently supports more than 100,000 members. It is now set to provide integrated healthcare services to an even wider range of people, which will include primary care, behavioral health, pharmacy services and telehealth. These are the key elements that are crucial for enhancing health outcomes in underserved areas. The expansion will establish SilverSummit as a key player in the state's healthcare scene, focusing on tailored solutions and a broader network of providers. As rural healthcare access is a significant challenge across the country, this initiative might become a blueprint for other states to follow. Moreover, SilverSummit's marketplace arm, Ambetter, was among the few selected for Nevada's Battle Born State Plan, a new public option within the health insurance marketplace that offers a mobile app for managing healthcare benefits. This contract is expected to provide coverage for around 16,000 individuals in its inaugural year. This initiative also aligns with Centene's mission to deliver person-centered care. The Nevada Medicaid contract not only strengthens SilverSummit Healthplan's role in the community but also highlights a significant trend in the industry toward value-based, community-centered healthcare. CNC Stock Price Performance Year to date, CNC shares have risen 3%, underperforming the industry's surge of 16.9%. Image Source: Zacks Investment Research CNC currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the broader medical space are Aveanna Healthcare Holdings Inc. AVAH, Universal Health Services, Inc. UHS and Option Care Health, Inc. OPCH, each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today's Zacks #1 Rank stocks here. The Zacks Consensus Estimate for Aveanna Healthcare's current-year earnings of $0.12 per share has witnessed six upward revisions in the past 30 days against none in the opposite direction. Aveanna Healthcare beat earnings estimates in each of the trailing four quarters, with the average surprise being 163.3%. The consensus estimate for current-year revenues is pegged at $2.1 billion, implying 4.6% year-over-year growth. The Zacks Consensus Estimate for Universal Health Services' current-year earnings of $18.94 per share has witnessed three upward revisions in the past 30 days against no movement in the opposite direction. Universal Health Services beat earnings estimates in three of the trailing four quarters, with the average surprise being 15.5%. The consensus estimate for current-year revenues is pegged at $17.1 billion, implying 8.1% year-over-year growth. The Zacks Consensus Estimate for Option Care Health's current-year earnings of $1.68 per share has witnessed six upward revisions in the past 60 days against no movement in the opposite direction. Option Care Health beat earnings estimates in each of the trailing four quarters, with the average surprise being 15.9%. The consensus estimate for current-year revenues is pegged at $5.4 billion, calling for 8.9% year-over-year growth. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Universal Health Services, Inc. (UHS) : Free Stock Analysis Report Centene Corporation (CNC) : Free Stock Analysis Report Option Care Health, Inc. (OPCH) : Free Stock Analysis Report Aveanna Healthcare Holdings Inc. (AVAH) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
28-01-2025
- Health
- Yahoo
‘Maternity desert': Program targets missing care for pregnancies in Pahrump
LAS VEGAS (KLAS) — Statistics tell the risks for pregnant women in Nye County — a 'maternity care desert' with limited access to care. In 2023, Pahrump recorded 344 live births with a preterm birth rate of 13.4% (national average: 10.4%), scoring an F on the March of Dimes Preterm Birth report card. The infant mortality rate is 8.22%, compared to the national average of 5.8%. Maternal and prenatal care can become a life-and-death situation. In 2022, a 24-year-old Pahrump woman died of complications from septic abortion after traveling to the Las Vegas valley for care. Now the medical community is stepping up, initiating a Medical Maternity Home Program to meet growing needs in Pahrump, a community of 49,000 people and home to 8,000 women of reproductive age (15 to 50 years old). The effort is a collaboration involving SilverSummit Healthplan, Nevada Health Centers, High Risk Pregnancy Center and Hera Women's Health. Funding for the program comes from the Centene Foundation, which will allocate $1 million over three years. An additional $100,000 will be provided by SilverSummit Healthplan, according to a news release. It's an important step that takes resources available in Las Vegas to set up coordinated patient care and outreach in Pahrump. Services will include maternal-fetal medicine, obstetrician-gynecologists, advanced practitioners, behavioral health providers and community health workers to reach affected pregnant women in Nye County. In addition telehealth services and services for women, infants and children are part of the program. Officials announced the program last week and said it is expected to start seeing patients in late 2025. 'Nye County is a maternity care desert, meaning that there are an insufficient number of maternity care providers,' Dr. Steven Evans, chief medical officer for SilverSummit Healthplan, said in a news release. 'This scarcity in maternity providers results in pregnant women needing to travel long distances to receive prenatal and postpartum care, which contributes to poor birth outcomes such as pre-term birth and low birth weight.' Dr. Brian Iriye, president of Hera Women's Health, spoke with 8 News Now about the program. 'Our goal with the Medical Maternity Home Program is to bring together a multidisciplinary team of specialists to ensure every mother and baby in rural Nevada has access to the high-quality care they deserve,' Iriye said. 'By fostering partnerships and utilizing innovative solutions, we aim to overcome the challenges faced by underserved communities and improve maternal and neonatal outcomes across the region.' He said the distance is just part of understanding the problem. 'Maybe for a lot of people it doesn't seem like much of a challenge. But I think there's a lot of people struggling out there with transportation, financial security, food security. And Pahrump does seem to have a little more of that possibly,' he said. The program is all about improving access to care. 'Access ends up solving a lot of the problems,' he said. A 60-minute drive when you're in labor is a big deal, Iriye said. 'What if somebody's in pre-term labor? That 60-minute drive probably seems like two to three hours,' he said. 'Whenever you can get care to somebody, it needs to be several things, right? It needs to be right care, right place, right time. It's so important that we get that done,' Iriye said. 'So overall, fantastic program I think we're getting done. But I think more importantly, fantastic program for the area,' Iriye said on Friday. The program was announced on Thursday, National Maternal Health Awareness Day. The Medical Maternity Health Program will: Provide prenatal care and monitor pre-term birth rates. Implement protocols to enhance quality and ensure proper maternal-fetal medicine referrals by following national guidelines and protocols. It will also use SilverSummit Healthplan's Project Guardian, which tackles the provider shortage by enabling remote health monitoring statewide. Provide on-site consistent maternal care and obstetrical services at least two days a month. Provide maternal-fetal medicine consultation (in-person and or via telemedicine), high level fetal ultrasound, behavioral health (telemedicine), and treatment for opioid use disorder (telemedicine). Provide professional education (obstetrical emergencies) to family practice physicians and clinical support staff. Iriye said officials are looking at other parts of the state that would benefit from services if the pilot program succeeds. He said Elko, Winnemucca and areas around Lake Tahoe could be candidates. And beyond that, there are regional needs much closer to Las Vegas in fast-growing communities of northwest Arizona. Mobile services could provide an answer for some communities. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
