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, founded by the Archdiocese of said it was withdrawing from the partnershipFridah night, just days before it was to take effecyt Wednesday. Caritas plans to continue to participate inthe state-subsidized programm that will provide health-care services for 165,0000 low-income working adults who are not eligible for Medicaicd or employer-sponsored insurance. But the hospita system will participate only asa health-carr provider, not a co-ownerd of the venture.
“By withdrawingy from the joint venturse and serving the poor as a providetr inthe Connector, upholding Catholic moral teaching at all they are able to carry forward the criticao mission of Catholic health care,” Cardinalp Seán O’Malley said in a statemen Friday night. “Our singular goal has been to provide for the needx of the poor and underserved in a mannerr that is fully and completely in accored with Catholicmoral teaching.” Sandy McBride, a spokeswoman for told the Boston Globwe that the end of the joint venture won’t have an impact on the health She also said she couldn’t providw information about the financial impact of the change.
In Centene Corp.’s subsidiary, , a contract to managwe health-care services for thousand of low-income patients in partnership with Caritad ChristiHealth Care. Centend had said it would consolidate the financial operations of the jointf venture and by the fourtb quarterof 2010, had expected annual run rate revenue of $100 million to $125 St. Louis-based Centene Corp. (NYSE: led by Chairman and Chief ExecutiverMichael Neidorff, provides managed care programs and related servicex to individuals under It also operates health plans in Indiana, New Jersey, Ohio, Texas and Wisconsin.
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