Family Care MCOs Post Losses of $10.1 Million for 2014

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According to documents posted on the Wisconsin Department of Health Services website and reporting on in Wisconsin Health News, a subscription news service, five of the seven Family Care managed care organizations ended 2014 with losses.

DOCUMENTS

GAINS (as of Dec. 31, 2014)

  • Western Wisconsin Cares — $6.2 million
  • Lakeland Care District — $72,000

LOSSES (as of Dec. 31, 2014)

  • ContinuUs — $2.3 million
  • Community Care Inc. — $1.2 million.
  • Community Care of Central Wisconsin — $4 million.
  • Care Wisconsin — $4.3 million,
  • Milwaukee County Department of Family Care, (now known as) My Choice Family Care last month, — $4.6 million.

In total, all seven MCOs reported a net loss of about $10.1 million.

Posted in Family Care