managed care company

Governor Steve Beshear says he’s disappointed that one statewide Medicaid operator has announced it is leaving the state. Kentucky Spirit, part of Centene Corporation from Missouri, announced Wednesday that they would terminate their operations next July, before their contract is up.

Medicaid managed care operator Kentucky Spirit plans to terminate its contract with the state. Kentucky Spirit is one of the private Medicaid operators that took over the program for the state last year. The company encountered problems, however, and was in dispute with the state and doctors over reimbursement rates and other details of Medicaid operations.

The CEO of a major Medicaid managed care company (MCO) is criticizing Kentucky for the way the state deals with businesses like his. Michael Neidorff is the CEO of Centene, which operates Kentucky Spirit, one of three statewide MCOs that has managed Medicaid patients for the state since last year.