BEULAVILLE, N.C.--(BUSINESS WIRE)--Eastpointe Human Services announced today that it has entered into a Letter of Intent to consolidate operations with Cardinal Innovations Healthcare based in Kannapolis, North Carolina, effective July 1, 2017. 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 NC 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 our shared belief that Medicaid reform should provide access, choice, and integrated care for complex populations. Eastpointe’s members, communities and providers remain our top priority and we will continue to deliver the high-quality services our members have grown to expect from Eastpointe. We 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 we 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, Chief Executive Officer of Cardinal Innovations.
The proposed consolidation of Eastpointe and Cardinal Innovations will serve 32 North Carolina counties with approximately 3.8 million citizens and more than 1.1 million enrolled members.