Centene's SilverSummit Healthplan Awarded Nevada Medicaid Contract

On April 10, 2025, Centene Corporation (NYSE: CNC), a prominent healthcare enterprise, announced a significant development through its Nevada subsidiary, SilverSummit Healthplan, Inc. The Nevada Department of Health and Human Services has selected SilverSummit to provide services for the state's Medicaid managed care program. This contract marks a pivotal step in expanding Medicaid Managed Care into rural and frontier service areas, which were previously under a fee-for-service model.

The five-year contract, pending state approval, is set to commence on January 1, 2026, and includes a potential two-year extension. This initiative will enhance access to affordable healthcare for Nevadans, particularly in underserved rural communities. SilverSummit has been serving Nevada Medicaid members since 2017 and currently supports over 100,000 members with comprehensive managed care services.

"We're grateful for the opportunity to help expand access to affordable, quality healthcare in Nevada," stated Sarah London, CEO of Centene. "It's an honor to be entrusted with this important work that is consistent with our mission to transform the health of the communities we serve, one person at a time."

Under the new contract, SilverSummit will continue providing a range of managed care services, including primary care, telehealth, pharmacy, maternal health, and behavioral health services. The expansion will not only enhance the provider network but also empower local care organizations to better reach and support Nevadans residing in rural and frontier counties.

Eric Schmacker, President and CEO of SilverSummit Healthplan, emphasized the importance of thoughtful healthcare solutions for diverse populations, stating, "Reaching urban, rural, and frontier residents requires thoughtful, comprehensive healthcare solutions, and we are honored to be selected to continue our commitment to the State, our community partners, and especially our members."

In a related development, SilverSummit's marketplace offering, Ambetter, has also been selected as one of three bidders for the Nevada Department of Health and Human Services' marketplace public option, the Battle Born State Plan (BBSP). This contract, effective January 1, 2026, is expected to cover approximately 16,000 individuals in its first year, further solidifying SilverSummit's commitment to providing accessible healthcare options.

Centene Corporation is a Fortune 500 company dedicated to improving the health of individuals, particularly those who are under-insured or uninsured. With a local approach that emphasizes community partnerships, Centene serves over 1 in 15 individuals across the nation through various government-sponsored and commercial healthcare programs.

As Centene and SilverSummit prepare to implement these contracts, the focus remains on delivering high-quality, cost-effective healthcare solutions that address the unique needs of Nevada's diverse population. The expansion of Medicaid Managed Care into rural and frontier areas signifies a proactive approach to healthcare accessibility, ensuring that all Nevadans can receive the support they need to lead healthier lives.