Grants to JWCH and OPCC will assist in
establishing pilot programs to provide inpatient and outpatient
care and temporary housing for Los Angeles County homeless
patients
Health Net Foundation, Inc., the charitable foundation of Health
Net, Inc., is providing grants of $100,000 each to JWCH Institute,
Inc. and OPCC to assist in establishing pilot programs aimed at
providing inpatient and outpatient care and temporary housing to
Los Angeles County homeless patients.
This Smart News Release features multimedia.
View the full release here:
http://www.businesswire.com/news/home/20151215005150/en/
Carol Kim, Health Net's director of
Public Affairs (left), presents $100,000 check to the staff of JWCH
Institute to help house homeless patients. From the left are: Dr.
Paul Gregerson, chief medical officer; Chris Mack, outreach worker;
Linda Evans, case manager; Shawn Baker, case manager; Al
Ballesteros, CEO; and Cheryl Morris, case manager. (Photo: Business
Wire)
“Statistics show that nearly one-third of Los Angeles County’s
homeless live with mental illness, one quarter suffer from
substance abuse and one-fifth have a physical disability,” said
Patricia Clarey, president of Health Net Foundation. “It’s
important that groups and organizations come together to address
the medical and social issues surrounding homelessness, and we hope
to support an approach that looks at them from several angles,
including housing and access to health care.”
JWCH Institute, Inc.
JWCH is a federally qualified health center providing medical,
specialty, behavioral, HIV/AIDS health care services to
approximately 30,000 homeless patients in Los Angeles County
annually.
With its grant, JWCH will temporarily house homeless patients
while their medical and social service needs are being assessed.
JWCH case managers then will work to connect the patients to
long-term housing and needed medical care.
“Studies have consistently shown that housing is the anchor for
effectively delivering health care to the homeless population,”
said Al Ballesteros, chief executive officer of JWCH. “If we can
address the very basic need for housing, then we can begin
addressing the medical and social service needs of the homeless
population.”
OPCC
Non-profit social services agency OPCC provides housing and
comprehensive, fully integrated medical, mental health and
substance abuse treatment for the homeless in Santa Monica and the
Westside of Los Angeles County.
Under its grant, OPCC will assign a staffer to the Providence
Saint John’s Medical Center emergency department to assist in
moving homeless patients into housing and connect them to needed
outpatient medical services, either at Venice Family Clinic or with
local physicians.
“Many homeless people are frequent utilizers of the emergency
department, contributing to a costly and repetitive cycle of
services on an already overburdened system,” said John Maceri,
executive director of OPCC. “Through this pilot, we hope to
demonstrate that a modest investment in a care coordinator can help
stabilize these individuals’ health, improve their quality of life
and help save avoidable costs to the entire system.”
About Health Net
Health Net, Inc. (NYSE:HNT) is a publicly traded managed care
organization that delivers managed health care services through
health plans and government-sponsored managed care plans. Its
mission is to help people be healthy, secure and comfortable.
Health Net provides and administers health benefits to
approximately 6.1 million individuals across the country
through group, individual, Medicare (including the Medicare
prescription drug benefit commonly referred to as “Part D”),
Medicaid and dual eligible programs, as well as programs with the
U.S. Department of Defense and U.S. Department of Veterans Affairs.
Health Net also offers behavioral health, substance abuse and
employee assistance programs, and managed health care products
related to prescription drugs.
For more information on Health Net, Inc., please visit Health
Net’s website at www.healthnet.com.
Cautionary Statements
Health Net, Inc. (the “company”) and its representatives may
from time to time make written and oral forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
(“PSLRA”) of 1995, including statements in this and other press
releases, in presentations, filings with the Securities and
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from those expressed in, or implied or projected by the
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the company’s proposed business combination with Centene
Corporation (“Centene”), including, among other things, the
expected closing date of the transaction; the possibility that the
expected synergies and value creation from the proposed merger will
not be realized, or will not be realized within the expected time
period, including as a result of conditions, terms, obligations or
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relationships; the risk that unexpected costs will be incurred; the
possibility that the merger does not close, including, but not
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the risk that financing for the transaction may not be available on
favorable terms; and certain other risks associated with the
merger, as more fully discussed in the definitive joint proxy
statement/prospectus that was filed with the SEC on September 21,
2015, in connection with the merger. Other factors include, among
others, health care reform and other increased government
participation in and taxation or regulation of health benefits and
managed care operations, including but not limited to the
implementation of, and subsequent modifications to, the Patient
Protection and Affordable Care Act and the Health Care and
Education Reconciliation Act of 2010 and the regulations
promulgated thereunder (collectively, the “ACA”) as well as any
related fees, assessments and taxes; the company’s ability to
successfully participate in California’s Coordinated Care
Initiative, which is subject to a number of risks inherent in
untested health care initiatives and requires the company to
adequately predict the costs of providing benefits to individuals
that are generally among the most chronically ill within each of
Medicare and Medi-Cal and implement delivery systems for benefits
with which the company has limited operating experience; the
company’s ability to successfully participate in the federal and
state health insurance exchanges under the ACA, which involve
uncertainties related to the mix and volume of business that could
negatively impact the adequacy of the company’s premium rates and
may not be sufficiently offset by the risk apportionment provisions
of the ACA; increasing health care costs, including but not limited
to costs associated with the introduction of new treatments or
therapies; the company’s ability to reduce administrative expenses
while maintaining targeted levels of service and operating
performance; the recompetition of the company’s T-3 contract for
the TRICARE North region; negative prior period claims reserve
developments; rate cuts and other risks and uncertainties affecting
the company’s Medicare or Medicaid businesses; trends in medical
care ratios; membership declines or negative changes in the
company’s health care product mix; unexpected utilization patterns
or unexpectedly severe or widespread illnesses; failure to
effectively oversee the company’s third-party vendors;
noncompliance by the company or the company’s business associates
with any privacy laws or any security breach involving the
misappropriation, loss or other unauthorized use or disclosure of
confidential information; the timing of collections on amounts
receivable from state and federal governments and agencies;
litigation costs; regulatory issues with federal and state agencies
including, but not limited to, the California Department of Managed
Health Care and Department of Health Care Services, the Arizona
Health Care Cost Containment System, the Centers for Medicare &
Medicaid Services, the Office of Civil Rights of the U.S.
Department of Health and Human Services and state departments of
insurance; operational issues; changes in political, economic or
market conditions; investment portfolio impairment charges;
volatility in the financial markets; and general business and
market conditions. The factors described in the context of such
forward-looking statements in this press release could cause the
company or Centene’s plans with respect to the proposed merger,
actual results, performance or achievements, industry results and
developments to differ materially from those expressed in or
implied by such forward-looking statements. Additional factors that
could cause actual results to differ materially from those
reflected in the forward-looking statements include, but are not
limited to, the risks discussed in the “Risk Factors” section
included within the company’s most recent Annual Report on Form
10-K and subsequent Quarterly Reports on Form 10-Q filed with the
SEC and the other risks discussed in the company’s filings with the
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Net. Please be aware that references or links to other websites are
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Health Net, Inc.Investor Contact:Peter
O’Neill(818) 676-8692peter.oneill@healthnet.comorMedia
Contact:Brad Kieffer(818)
676-6833brad.kieffer@healthnet.comwww.twitter.com/hn_bradkieffer
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