MemorialCare in Southern California Buying Assets of an Existing HMO to Create It’s Own Health Plan Names Seaside Health P
Posted Nov 28 2012 2:17am
The new plan will be names Seaside Health Plan and licenses have been applied for. In addition Seaside will also will participate in a state project that addressing the needs of children with certain diseases and chronic conditions. Seaside will support managed care Medi-Cal members. It will be maintained as a subsidiary of MemorialCare. Universal Care will continue with it’s line of business that was not purchased by MemorialCare. This is one way to keep some of the HMO business from insurance company ownership, which has been big in the OC. Last year United bought the doctors group, Memorial IPA and most of the physician members there work at Memorial hospitals.
In addition back in 2010 they also opened up 3 retail clinics in the OC, one of which I see when I do my grocery shopping. BD
LONG BEACH and ORANGE COUNTY, Calif., Nov. 27, 2012 — LONG BEACH and ORANGE COUNTY, Calif., Nov. 27, 2012 /PRNewswire-USNewswire/ --MemorialCare Health System in Southern California today announced an agreement to purchase specific assets of Universal Care and the filing of an application for its newly formed Seaside Health Plan to become a California licensed health plan.
Seaside is organized to support managed Medi-Cal members and prepare for the California Children's Services (CCS) demonstration project that addresses the needs of children with certain diseases and ongoing medical conditions.
These developments enhance MemorialCare's mission of ensuring Southland communities have convenient access to high quality, evidence-based medicine, superior value, exceptional service and a network of integrated providers—top hospitals, physicians, outpatient services, ambulatory centers and preventive care for all ages.