STOCK TITAN

AMBETTER OF ILLINOIS EXPANDS PROVIDER NETWORK TO INCLUDE ADVOCATE HEALTH CARE

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

Ambetter of Illinois, a Centene product managed by Meridian Health Plan, has expanded its provider network by adding Advocate Health Care. This expansion gives Ambetter members immediate access to Advocate's 11 hospitals, 300 sites of care, 6,500 physicians, and 11,000 nurses in the Chicagoland area. Members can access various specialties including cancer care, heart & vascular care, orthopedics, and women's health. The network expansion is effective immediately for current members and those enrolling during the Open Enrollment period from November 1, 2024, through January 15, 2025.

Ambetter dell'Illinois, un prodotto di Centene gestito da Meridian Health Plan, ha ampliato la sua rete di fornitori aggiungendo Advocate Health Care. Questa espansione offre ai membri di Ambetter accesso immediato agli 11 ospedali di Advocate, 300 sedi di assistenza, 6.500 medici e 11.000 infermieri nella zona di Chicagoland. I membri possono accedere a diverse specialità tra cui cure oncologiche, cardiologiche e vascolari, ortopedia e salute delle donne. L'espansione della rete è immediatamente efficace per i membri attuali e per coloro che si iscriveranno durante il periodo di Open Enrollment dal 1° novembre 2024 al 15 gennaio 2025.

Ambetter de Illinois, un producto de Centene gestionado por Meridian Health Plan, ha ampliado su red de proveedores al agregar Advocate Health Care. Esta expansión brinda a los miembros de Ambetter acceso inmediato a los 11 hospitales de Advocate, 300 sitios de atención, 6,500 médicos y 11,000 enfermeras en el área de Chicagoland. Los miembros pueden acceder a diversas especialidades, incluyendo atención oncológica, cardiología y atención vascular, ortopedia y salud de la mujer. La expansión de la red es efectiva de inmediato para los miembros actuales y para aquellos que se inscriban durante el período de Inscripción Abierta, del 1 de noviembre de 2024 al 15 de enero de 2025.

일리노이 주 앰베터, Meridian Health Plan에서 관리하는 Centene의 제품은 Advocate Health Care를 추가하여 공급자 네트워크를 확장했습니다. 이 확장은 Ambetter 회원들에게 Advocate의 11개 병원, 300개 치료 장소, 6,500명의 의사 및 11,000명의 간호사에 즉시 접근할 수 있는 기회를 제공합니다. 회원들은 암 치료, 심장 및 혈관 치료, 정형외과, 여성 건강 등 다양한 전문 분야에 접근할 수 있습니다. 이 네트워크 확장은 현재 회원과 2024년 11월 1일부터 2025년 1월 15일 사이에 가입하는 모든 사람에게 즉시 적용됩니다.

Ambetter de l'Illinois, un produit de Centene géré par le Meridian Health Plan, a élargi son réseau de prestataires en ajoutant Advocate Health Care. Cette expansion offre aux membres d'Ambetter un accès immédiat aux 11 hôpitaux d'Advocate, à 300 sites de soins, à 6 500 médecins et à 11 000 infirmières dans la région de Chicagoland. Les membres peuvent accéder à diverses spécialités, notamment les soins contre le cancer, les soins cardiaques et vasculaires, l'orthopédie et la santé des femmes. L'expansion du réseau est immédiatement effective pour les membres actuels et ceux qui s'inscrivent pendant la période d'inscription ouverte du 1er novembre 2024 au 15 janvier 2025.

Ambetter aus Illinois, ein von Centene verwaltetes Produkt des Meridian Health Plans, hat sein Anbieter-Netzwerk durch die Hinzufügung von Advocate Health Care erweitert. Diese Expansion ermöglicht es den Mitgliedern von Ambetter, sofortigen Zugang zu den 11 Krankenhäusern von Advocate, 300 Versorgungsstellen, 6.500 Ärzten und 11.000 Pflegekräften im Chicagoland-Gebiet zu erhalten. Mitglieder können auf verschiedene Fachrichtungen zugreifen, darunter Krebsbehandlung, Herz- und Gefäße, Orthopädie und Frauengesundheit. Die Netzwerkerweiterung gilt sofort für aktuelle Mitglieder und für diejenigen, die sich während des offenen Einschreibungszeitraums vom 1. November 2024 bis zum 15. Januar 2025 anmelden.

Positive
  • Significant network expansion with access to 11 hospitals and 300 care sites
  • Addition of 6,500 physicians and 11,000 nurses to provider network
  • Immediate access to expanded specialty care services
Negative
  • None.

Insights

The expansion of Ambetter's provider network to include Advocate Health Care represents a significant strategic development for Centene This partnership adds substantial healthcare capacity with 11 hospitals, 300 care sites, 6,500 physicians and 11,000 nurses to their network in the important Chicago market. The timing aligns perfectly with the upcoming Open Enrollment period, potentially driving increased membership growth.

This network expansion strengthens Centene's competitive position in Illinois' Health Insurance Marketplace. Access to Advocate's comprehensive specialty services, including cancer care, cardiovascular services and orthopedics, enhances Ambetter's value proposition. This move could lead to increased market share and improved member retention, particularly beneficial given the competitive nature of the Marketplace segment.

The Chicago metropolitan area represents a important healthcare market and this network expansion significantly improves Centene's competitive positioning. The immediate access to Advocate's extensive network addresses a key factor in health plan selection - provider network breadth. This could translate to higher enrollment numbers during the upcoming Open Enrollment period and potentially improve member satisfaction and retention rates.

The timing of this announcement, just before the Open Enrollment period (November 1, 2024 - January 15, 2025), is strategically optimal for marketing and member acquisition efforts. This expansion particularly strengthens Centene's appeal to consumers seeking comprehensive healthcare options in the Marketplace segment.

The addition of Advocate Health Care to the Ambetter of Illinois provider network offers its members expanded access to the health system's high-quality healthcare

CHICAGO, Oct. 30, 2024 /PRNewswire/ -- Ambetter of Illinois (Ambetter), a product offered by Centene Corporation (NYSE: CNC), and managed locally by Meridian Health Plan of Illinois, Inc. (Meridian), announced today the addition of Advocate Health Care to its network, which will further increase members' access to quality healthcare in the Chicagoland area. Ambetter members can now receive care at any of Advocate's 11 hospitals and 300 sites of care in Illinois, with 6,500 physicians, and 11,000 nurses. Ambetter provides insurance through the Health Insurance Marketplace (Healthcare.gov).

Access to Advocate Health Care providers and its services is effective immediately to all Ambetter of Illinois members.

"We are pleased to add Advocate Health Care to our network because it gives our Marketplace members access to their large network of primary care physicians and extensive specialties including cancer care, heart & vascular care, orthopedics, and women's health, among others," said Cristal Gary, Meridian Plan President and CEO. "Meridian is proud to provide quality and network support to Ambetter of Illinois." 

Access to Advocate Health Care providers and its services is effective immediately to all Ambetter of Illinois members, and to those who enroll in its plans during Open Enrollment for the Health Insurance Marketplace for Illinois, which runs from November 1, 2024, through January 15, 2025. Existing and new Ambetter of Illinois' members can make an appointment, find a provider, or review their benefits by logging into their account at ambetterofillinois.com.

About Ambetter of Illinois
Ambetter of Illinois, a product offered by a Centene Corporation (NYSE: CNC) company, which provides insurance to under-insured and uninsured populations through the federal Health Insurance Marketplace®, will offer a variety of affordable health insurance plans for Illinois residents in plan year 2025. Open Enrollment for the Health Insurance Marketplace for Illinois runs from Nov. 1, 2024, through Jan. 15, 2025. Enroll by Dec. 15 for coverage starting Jan. 1, 2025. 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/ambetter-of-illinois-expands-provider-network-to-include-advocate-health-care-302290799.html

SOURCE Ambetter of Illinois

FAQ

When does Ambetter of Illinois's network expansion with Advocate Health Care take effect?

The network expansion with Advocate Health Care is effective immediately for all Ambetter of Illinois members.

How many hospitals and care sites does the Advocate Health Care addition bring to Ambetter's network (CNC)?

The addition brings 11 hospitals and 300 sites of care in Illinois to Ambetter's network.

What is the Open Enrollment period for Ambetter of Illinois plans in 2024-2025?

The Open Enrollment period runs from November 1, 2024, through January 15, 2025.

What specialties are included in the Advocate Health Care network expansion for Ambetter members?

The expansion includes access to cancer care, heart & vascular care, orthopedics, and women's health services, among others.

Centene Corporation

NYSE:CNC

CNC Rankings

CNC Latest News

CNC Stock Data

28.73B
503.41M
0.27%
99.73%
3%
Healthcare Plans
Hospital & Medical Service Plans
Link
United States of America
ST LOUIS