Providence Plan Partners and CareOregon Sign Letter of Intent to Affiliate and Serve Medicaid and Medicare Beneficiaries
Providence Plan Partners (PPP) and CareOregon, two non-profit organizations, announced that they intend to enter into a formal partnership to strategically align operations and services to better serve the health and wellness of Oregon’s poor and vulnerable populations.
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The partnership will combine the collective strengths of both organizations and ensure CareOregon and PPP are best positioned to improve population health for Oregon’s Medicaid and Medicare populations and address social determinants that impact the health status and clinical needs of members.
Under the proposed partnership, PPP will provide resources and support to CareOregon, which will join the Providence St. Joseph Health (PSJH) organization pending necessary regulatory and organizational approvals. CareOregon and its affiliates will retain their locally based, secular and non-profit status.
“We strongly believe joining our two community-focused organizations will improve the health care status of our members, increase their access to care, and create a national model to better serve Medicaid and Medicare beneficiaries,” said Eric C. Hunter, president and chief executive officer of CareOregon. “In considering a deeper relationship with Providence, we are strongly aligned in our mission – to help members and patients receive the best health care possible – and believe that this affiliation will best position our organization to care for Oregonians in the years ahead. That’s the CareOregon Effect.”
CareOregon and Providence have a long history of working together and with community providers and stakeholders to serve Oregonians, driving population health initiatives and delivering on the promise of Oregon’s health care transformation.
“Providence St. Joseph Health is focused on identifying strategic relationships that will allow us to deliver quality health care services in new and innovative ways,” said Mike Cotton, chief executive officer of Providence Plan Partners. “Through this partnership with CareOregon, we can create an even stronger cornerstone of health care access, value and quality for Oregon.”
PPP and CareOregon will immediately begin working on required approvals and co-developing an operational model to achieve a successful affiliation and alignment. The organizations are targeting completion of their new structure as early as January 2020.
CareOregon is a non-profit community benefits company involved in health plan services, reforms and innovations since 1994. We currently serve more than 300,000 Oregon Health Plan/Medicaid and Medicare members. By listening to our members and exploring innovative solutions with our providers and communities, we help Oregonians prevent illness and live better lives. Every day, we strengthen our communities by making health care work for everyone.
About Providence Plan Partners
Providence Plan Partners is the non-profit health care management and administrative services affiliate of Providence Health Plans (PHP) and a subsidiary of Providence St. Joseph Health (PSJH). It is headquartered in Portland, Oregon.