July 6 — CareSource will expand to another state after being approved to operate in Arkansas.
The Dayton-based insurance company filed in April for a license to manage health benefits for Arkansans covered by Medicaid with complex behavioral, developmental and intellectual disorders.
CareSource PASSE has now been officially approved for a license to participate in the state-run Arkansas Provider-Led Shared Savings Entity (PASSE) program and will become a new option for Arkansans with complex behavioral health and people with intellectual and developmental disabilities.
The CareSource PASSE office will be in Little Rock.
CareSource already has just over 2 million members in five states. The company is headquartered in downtown Dayton and had $ 11.2 billion in revenue in 2021.
“We plan to leverage CareSource’s vast experience in Medicaid and its legacy of innovation to make healthcare and community services more accessible to people in Arkansas, while helping members holistically,” Jason Bearden, president of CareSource PASSE, said in a statement.
Five Arkansas healthcare organizations and CareSource will together form this PAS organization. The founding organizations are: Dr James Zini and Zini Medical Clinic; Ashley County Medical Center; Acadia Health Care Company Inc .; Chenal family therapy; Outpatient services of the rehabilitation network; and CareSource.
The service delivery model goes beyond traditional health care services and will include services designed to positively impact a person’s well-being, including employment support, social determinants of health supports and essential life service programs.