Industry Bulletins | June 18, 2020
Medicaid Managed Care Plan NextLevel Health To Close
Medicaid managed care plan NextLevel Health will close in July, according to Cheryl Whitaker, M.D., FACP, chief executive officer. The Chicago-based plan's 56,000 members will be transitioned to another health plan. NextLevel is one of two plans that serve Medicaid managed care members only in Cook County, Illinois, and one of six private insurers contracted by the state to administer Medicaid benefits under a managed care program intended to improve care and save money.
The news comes nearly two months after NextLevel's failed $50 million acquisition by . . .