Eastpoint to consolidate operations with Cardinal
By From staff reports
Published in News on January 17, 2017 9:57 AM
BEULAVILLE - Eastpointe Human Services announced today that it has entered into a letter of intent to consolidate operations with Cardinal Innovations Healthcare based in Kannapolis, effective July 1. The consolidated organization will operate as Cardinal Innovations Healthcare.
Sarah N. Stroud, chief executive officer of Eastpointe, commented: "Over the next few weeks, we will be negotiating a binding definitive agreement to consolidate with Cardinal Innovations. The definitive agreement requires approval by the Eastpointe Area Board and the secretary of the state Department of Health and Human Services.
This anticipated consolidation is a key component to Eastpointe's long term strategy as a MCO.
Eastpointe's leadership determined that it is best to align Eastpointe and its 12 county service area with Cardinal Innovations because of their shared belief that Medicaid reform should provide access, choice, and integrated care for complex populations.
Eastpointe's members, communities and providers remain its top priority and it will continue to deliver the high-quality services our members have grown to expect from Eastpointe. The company also recognize the strong value that Cardinal Innovations places on Eastpointe, including its members, employees, counties, and other stakeholders. We will provide more details on the proposed consolidation as they work through the specifics of an agreement."
"Cardinal Innovations pioneered North Carolina's unique specialty managed care model and we welcome the opportunity to consolidate with Eastpointe and together positively impact the health and well-being of the great people in eastern North Carolina," said Richard Topping, CEO of Cardinal Innovations. "
The proposed consolidation will serve 32 North Carolina counties.