Navigation Links
AMERIGROUP Successful Bidder in DC RFP
Date:4/2/2008

Company Evaluating Business in Light of Unresolved Audit Issues

VIRGINIA BEACH, Va., April 2, 2008 /PRNewswire-FirstCall/ -- On March 10, 2008, AMERIGROUP DC was notified that it was one of four successful bidders in the reprocurement of the District of Columbia's Medicaid managed care business. The contracts for this award were approved by City Council on March 22nd and AMERIGROUP DC had been engaged in final preparations for a start date of May 1, 2008.

Yesterday, the Company notified the District that it was suspending its participation in readiness review activities related to the new contract award, due to questions the District has raised regarding the calculation of rates.

For the past few weeks, the Company has been engaged in a dialogue with the District's Office of the Attorney General in its review of these questions, which were raised in connection with an audit completed in May 2007. On March 28, the District filed a complaint in D.C. Superior Court alleging that AMERIGROUP DC submitted a report to its regulators in which it misclassified or improperly included certain administrative costs as healthcare costs.

"We believe that the allegations advanced in the complaint are without merit and based upon a fundamental misunderstanding of well-established rating and regulatory requirements and, in any event, are not material to rate calculations," said James W. Truess, Executive Vice President and Chief Financial Officer. "In the normal course of business, these kinds of issues are resolved through direct communications between a vendor and the regulatory agencies with oversight responsibility."

"We are concerned that the complaint also calls into question the appropriateness of rates in the new contract," Truess continued. "While we remain hopeful that we can resolve these questions quickly, we cannot proceed with the FY 2009 contract while they remain outstanding."

AMERIGROUP Community Care of the District
'/>"/>

SOURCE AMERIGROUP Corporation
Copyright©2008 PR Newswire.
All rights reserved

0

GOOD

Page: 1 2

Related medicine news :

1. Texas Senator Kirk Watson Honored as Champion for Children by the AMERIGROUP Foundation
2. AMERIGROUP Updates 2008 Guidance to Reflect Yesterdays Federal Reserve Action
3. AMERIGROUP Corporation to Present at the Lehman Brothers Global Healthcare Conference on March 20
4. Texas Senator Robert Duncan Honored as Champion for Children by The AMERIGROUP Foundation
5. AMERIGROUP Reports Q4 Net Income of $31.1 Million or $0.57 Per Diluted Share; Full-Year Net Income of $116.5 Million or $2.16 Per Diluted Share
6. Texas Senator Tommy Williams Honored as Champion for Children by the AMERIGROUP Foundation
7. AMERIGROUP Foundation Announces Winners of Word About Health Contest
8. AMERIGROUP Names Linda Whitley-Taylor as Executive Vice President, Associate Services
9. AMERIGROUP Community Care of Georgia Wins New Health Plan Accreditation from NCQA
10. AMERIGROUP Foundation Awards $100,000 to Grady Health System Foundation in Atlanta
11. AMERIGROUP Community Care Provides Doctors Office Makeover in Houston
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/21/2013)... “BuddyCalc” a mobile application was featured on ... a look at the latest and coolest mobile applications and ... Tropeano, host of AppWatch , conducted the app review ... track of expenses and determine amounts owed. , From living ... another. Unfortunately, most group activities require money. So ...
(Date:12/21/2013)... (PRWEB) December 21, 2013 The new ... to people a lot of ways to take advantage ... for those people who want to improve their overall ... At the beginning of the report, the author reveals ... grains, dried fruits, legumes, nuts, seaweeds, and seeds. These ...
(Date:12/21/2013)... 21, 2013 The brand new “shoes choosing ... on how to choose the most comfortable shoes and avoid ... people will learn different shoe types, such as booties, boots, ... ankle straps. The author recommends that petite women should opt ... type of shoes can give the illusion of height. Those ...
(Date:12/21/2013)... December 21, 2013 Translation services ... of 5. A buyer power score of 3.2 signifies ... power are a lack of substitutes, rising prices and ... research analyst Michelle Hovanetz. “Factors increasing buyer power include ... concentration, low switching costs and low supply chain risk ...
(Date:12/21/2013)... After surpassing its original fundraising goal of raising ... extended fundraising goal of $30,000 according to Kicking For ... says he is overwhelmed by the success of Kicking ... still raising money – and awareness- with 9 days ... that we have reached our goal of raising $30,000,” ...
Breaking Medicine News(10 mins):Health News:NewsWatch Recently Featured “BuddyCalc”, a Mobile Application on National Television 2Health News:“Raw Food Benefits,” A New Article On Healthreviewcenter.com, Gives People Advantages of Raw Food - V-kool 2Health News:“Raw Food Benefits,” A New Article On Healthreviewcenter.com, Gives People Advantages of Raw Food - V-kool 3Health News:“Shoes Choosing Tips,” A New Article On Vkool.Com, Teaches People How To Choose The Most Comfortable Shoes - V-kool 2Health News:Translation Services Procurement Research Report Now Available from IBISWorld 2Health News:Translation Services Procurement Research Report Now Available from IBISWorld 3Health News:Kicking For The Dream Reaches $30,000 Fundraising Goal to Fight Ovarian Cancer with 9 Days Left in its Fundraising Campaign. 2Health News:Kicking For The Dream Reaches $30,000 Fundraising Goal to Fight Ovarian Cancer with 9 Days Left in its Fundraising Campaign. 3
... move to improve global public health, Weill Cornell Medical ... drug onto the World Health Organization's (WHO) list ... developing countries to choose which high-priority drugs should be ... Weill Cornell's chapter of Universities Allied for Essential Medicines ...
... much heat can decrease sperm count, and retard the surviving sperm. ... in Cambridgeshire have suggested that soaking up the sun in tight ... ,Many couples believe that a foreign break develops their ... ,However, sperm takes eight weeks to fully grow in ...
... When actress Sally Field was diagnosed with osteoporosis in 2005, ... eaten right, I had always exercised, and I had always ... tried to be a good girl all the way down ... ,Field was in town to talk to legislators at ...
... has developed a more human-like mouse model of cancer they ... the predictive value of laboratory drug testing. ... Richard Maser, Ronald A. DePinho, Lynda Chin at the Dana-Farber ... transferring a cancer-causing oncogene into a mouse embryo. ...
... have a say in how they quit are more likely ... ,The study, which is based on psychologists Edward ... by a team of researchers led by Dr. Geoffrey Williams ... Self-Determination Theory is that a self-motivated person derives more satisfaction ...
... decided to send youths to learn meditation from Indian spiritual ... to the war-hit country Thursday with a trip to ... Art of Living Foundation, Iraqi Youth Minister Jasin Mohammed Jaffer ... Iraq to Bangalore to undergo the group's Youth Leadership Training ...
Cached Medicine News:Health News:Medical College Students Help Change Global Health Policy 2Health News:Actress Sally Field Vows to Fight Against Osteoporosis 2Health News:Actress Sally Field Vows to Fight Against Osteoporosis 3Health News:New Mouse Model to Aid in Cancer-causing Genes Hunt 2Health News:Smokers Who Have a Say in How They Quit More Likely to Kick the Habit 2Health News:Art of Living Foundation to Train Iraqi Youths 2
(Date:12/19/2013)... , Dec. 19, 2013  Today BioSpace ... launched the 2013-2014 Genetown™ Hotbed Campaign , marking ... ) The Genetown Hotbed campaign launches ... Massachusetts and parts of New England. ... pharmaceutical region with more than 15 percent of all ...
(Date:12/19/2013)... Mass. , Dec. 19, 2013  Decision Resources, one ... and healthcare issues, finds that the malignant melanoma therapy market ... from 2012 to 2022 in the world,s major pharmaceutical markets ... , Germany , Italy ... and Japan ). Immunotherapies will ...
(Date:12/19/2013)...  According to Millennium Research Group (MRG), the ... Chinese heart valve device market will exhibit strong ... United States (US) and ... aging population as well as the adoption of ... be further bolstered by strong economic expansion. ...
Breaking Medicine Technology:BioSpace Map Spotlights Massachusetts' Life Science Employers 2Immunotherapies Will Continue to Dominate the Malignant Melanoma Drug Market with Sales of Immune Checkpoint Inhibitors Accounting for Majority of Sales in this Drug Class in 2022 2Immunotherapies Will Continue to Dominate the Malignant Melanoma Drug Market with Sales of Immune Checkpoint Inhibitors Accounting for Majority of Sales in this Drug Class in 2022 3As in the US and Europe, the Entrance of Transcatheter Heart Valve Technologies Will Significantly Bolster the Chinese Heart Valve Device Market 2As in the US and Europe, the Entrance of Transcatheter Heart Valve Technologies Will Significantly Bolster the Chinese Heart Valve Device Market 3
... NEW YORK, Feb. 23, 2011 Reportlinker.com announces that ... catalogue: Global Genetic Testing Industry ... This report analyzes the worldwide markets for Genetic Testing ... by the following segments: Prenatal and Newborn Genetic Testing, ...
... YORK, Feb. 23, 2011 Reportlinker.com announces that ... its catalogue: Global Medical ... http://www.reportlinker.com/p098273/Global-Medical-Imaging-Equipment-Services-Industry.html This report analyzes ... in US$ Million by the following Product segments: ...
Cached Medicine Technology:Reportlinker Adds Global Genetic Testing Industry 2Reportlinker Adds Global Medical Imaging Equipment Services Industry 2
Touch-Trol Pediatric Suction Catheter Mini-Tray...
SAFE-T-VAC Coil Packed Suction Catheters Kits, Sterile without Solution...
Sterile, Coil Packed Suction Catheter Mini Tray with (2) Walleted SAFESKIN PURPLE NITRILE Latex-Free Exam Gloves. 14 Fr., DeLee Tip, with Drape...
Clear plastic sleeve envelopes a plastic suction catheter. Sleeve slides over exudate to reduce potential clinician contact....
Medicine Products: