Meridian Health Plan of Illinois Announces $15 Million Incentive Payments to Providers for 2024 Value‑Based Care Outcomes

CNC
September 24, 2025
On September 23, 2025, Meridian Health Plan of Illinois, a Centene Corporation subsidiary, announced it had disbursed $15 million in 2024 value‑based care incentive payments to its provider network. The payments were tied to improved health outcomes for its Medicaid members. The $15 million was distributed across 729 providers serving 340,000 Medicaid members statewide. The incentive program rewarded providers that achieved higher compliance with 39 performance measures, resulting in a 21% reduction in emergency‑room visits and a 37% decline in inpatient readmissions compared with non‑participating providers. The announcement underscores Centene’s commitment to its value‑based care strategy and demonstrates the financial impact of its provider partnership model. By investing in performance‑based incentives, Meridian aims to enhance care coordination, reduce costly acute care utilization, and strengthen its competitive position within Illinois Medicaid. The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.