Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Vanguard Health Unit Not Awarded Arizona Medicaid Agency Contract - Quick Facts

Vanguard Health Systems, Inc. (VHS: Quote) said that its Phoenix, Arizona health plan subsidiary, VHS Phoenix Health Plan, LLC failed to win a new contract with Arizona's Medicaid agency for an acute care program.

The company said that VHS Phoenix Health Plan received a letter from the Arizona Health Care Cost Containment System or AHCCCS on Friday March 22, 2013, informing that PHP was not awarded an acute care program contract for the program year commencing October 1, 2013.

Under its current contract with AHCCCS that expires on September 30, 2013, PHP covers members in nine Arizona counties: Apache, Coconino, Gila, Maricopa, Mohave, Navajo, Pima, Pinal and Yavapai. PHP has served Arizona residents since 1983.

PHP had submitted its bid pursuant to the terms of AHCCCS's request for proposal. As an unsuccessful incumbent acute care contractor in Maricopa and Pima counties, filed a formal request on March 23, 2013, to receive a capped contract in those two counties.

If AHCCCS exercises its discretion to grant PHP's request with respect to either or both of those counties, PHP would continue to provide services to its existing members in those counties under the terms and conditions of the RFP, but would not receive any new members as long as enrollment remains capped. PHP anticipates a response to its formal request by March 31, 2013.

PHP also has the right to protest AHCCCS's decision. If it chooses to do so, PHP must file its protest no later than April 1, 2013.

Register
To receive FREE breaking news email alerts for Vanguard Health Systems, Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
After moving modestly higher in morning trading, stocks showed a substantial move to the downside over the course of the trading day on Wednesday. The major averages pulled back well off their highs for the session, sliding firmly into negative territory. Ebola "czar" Ron Kain is scheduled to meet with President Barack Obama on Wednesday as he begins his efforts to coordinate the government's response to the deadly disease. Klain, who previously served as chief of staff to Vice President Joe Biden and then-Vice President Al Gore, was named as Ebola Response Coordinator last Friday. Potentially complicating the outlook for control of the Senate, the results of a SurveyUSA poll conducted for WXIA-TV in Atlanta suggest that the Georgia Senate race between Republican David Perdue and Democrat Michelle Nunn could be headed for a runoff.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.