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Centene’s SilverSummit Healthplan Awarded Nevada Medicaid Contract

In a significant move to enhance healthcare accessibility in Nevada, Centene Corporation announced that its subsidiary, SilverSummit Healthplan, has been awarded a crucial Medicaid contract by the Nevada Department of Health and Human Services. Slated to begin on January 1, 2026, this contract marks a pivotal step in expanding Medicaid services, particularly focusing on underserved rural and frontier communities that have traditionally been outside the purview of managed care initiatives.

The five-year agreement, subject to state approval, represents Centene's commitment to providing affordable and high-quality healthcare to Nevadans. The CEO of Centene, Sarah London, expressed gratitude for the opportunity, emphasizing their dedication to transforming the health outcomes of communities by tailoring solutions to meet local needs. This initiative aligns clearly with Centene's mission of assisting individuals in living healthier lives.

SilverSummit Healthplan has been actively involved with Nevada's Medicaid members since its establishment in 2017, currently supporting over 100,000 individuals. Under the new contract, SilverSummit is set to continue offering managed care services, which include primary care, telehealth, pharmacy services, maternal health, and behavioral health. The focus will not only be on expanding service coverage to rural residents but also on enhancing the existing networks of local care organizations, making it easier for healthcare providers to reach those in need.

Reflecting on this milestone, Eric Schmacker, President and CEO of SilverSummit, noted that the organization has diligently worked to fulfill its mission throughout its partnership with Nevada's Medicaid program. He acknowledged the complexities of offering comprehensive healthcare solutions that effectively serve both urban and rural populations. Being selected for this contract underlines SilverSummit’s commitment to the state and the health of its members, ensuring that all Nevadans can access the necessary healthcare services.

In addition to the Medicaid service contract, SilverSummit's marketplace program, Ambetter, has also secured participation in the new marketplace public option known as the Battle Born State Plan (BBSP). This initiative is anticipated to cover about 16,000 individuals in its first year, further underscoring the focus on affordable healthcare options in Nevada.

Centene Corporation, a Fortune 500 company, operates with a mission to provide integrated and high-quality healthcare services globally, primarily focusing on the under-insured and uninsured sectors. By leveraging local brands and teams, Centene aims to ensure that healthcare solutions are not only affordable but also sensitive to the needs of diverse communities. This recent contract win not only exemplifies Centene’s commitment to community health but also its foresight in tapping into previously underserved areas, promising a healthier future for all Nevadans.

Moreover, as SilverSummit prepares to implement these expanded services, it remains critical to keep all stakeholders informed. Centene maintains a comprehensive investor relations platform where updates on its operations, including contract details and performance forecasts, are routinely shared. This proactive approach to communication ensures transparency while strengthening investor confidence.

As this contract moves ahead, it will be essential to monitor its impact on the health outcomes of Nevada's rural residents and how effectively SilverSummit can integrate and expand its services across the state. With Centene at the helm of these initiatives, the potential for positive change in Nevada’s healthcare landscape looks promising.