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New chief financial officer joins team to chart course for continued positive performance
HealthPlus today announced the completion of the sale of its Medicaid and MIChild businesses to Molina Healthcare of Michigan. Molina Healthcare of Michigan will assume HealthPlus Partners’ Medicaid contract and HealthPlus of Michigan’s MIChild contract, as well as certain provider agreements. HealthPlus Partners and HealthPlus of Michigan currently arrange for health care services for approximately 90,000 Medicaid and 6,000 MIChild patients.
“Today is a great day for HealthPlus,” said Michael Genord, M.D., the company’s new president and CEO. “With this sale we stabilize the company and mark months of hard work to improve operations and turn around our performance so that we can effectively respond to the challenges of an evolving health care environment. Our promise has always been to deliver high-quality care and unsurpassed member service at a reasonable cost. The changes we’ve made, and will continue to make, will allow us to deliver on that promise.”
Also new to the HealthPlus leadership team is Chief Financial Officer Keith Collin, CPA. With more than 20 years in health care leadership positions, Collin gained high-level experience in health plan and hospital management; detailed auditing and financial reporting; and large health care organizational turnaround.
“I want to thank our dedicated team members for never missing a beat with our members and providers,” said Dr. Genord. “Their hard work every day is a significant factor in the rebirth of HealthPlus. Additionally, everyone here at HealthPlus has been touched by the support and well wishes of our agents, our employer groups and members, and the good people in the many communities we serve.” Read the full news release here.
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