News Briefs

✦ Oklahoma lawmakers at press time were attempting to replace Republican Gov. Kevin Stitt’s plan to transition fee-for-service Medicaid beneficiaries to a managed care model later this year, which will include the expanded adult group enrolling next month. Senate Bill 131 would require the Oklahoma Health Care Authority (OHCA) to develop a program that “controls costs and improves health outcomes for Medicaid beneficiaries” as an alternative to the managed care system that will address the voter-approved Medicaid expansion. The bill passed the House late last month and has returned to the Senate for final consideration, although it is likely to be vetoed by the governor, according to news reports. In a statement posted to the governor’s website, Stitt chided House Republicans for their “disappointing” vote and said he would “continue to advocate for this needed change.” Oklahoma will begin enrolling newly eligible adults into the SoonerCare program on June 1 for coverage effective July 1. On Oct. 1, OHCA will transition nonexempt beneficiaries to the SoonerSelect managed care model, which will be served by four MCOs (RMA 2/4/21, p. 8). View https://bit.ly/3vHuutT.

✦ Humana Inc. plans to fully acquire home health provider Kindred at Home from private equity firm Welsh, Carson, Anderson & Stowe (WCAS) and TPG Capital, the insurer said on April 27. (WCAS owns a controlling stake in MMIT, AIS Health’s parent company.) The insurer also reported strong financial results, with first-quarter adjusted earnings per share of $7.67 beating Wall Street’s consensus estimate of $7.07, or $1.04 billion in pretax income. Visit https://humana.gcs-web.com.

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