Trusted Health Plan is a leading Medicaid MCO in Washington, DC
WASHINGTON, DC, January 31, 2020 – Juggernaut Capital Partners, a leading middle market private equity investor in consumer products and healthcare companies, is pleased to announce its portfolio company Trusted Health Plan (“Trusted”), a Medicaid managed care organization in Washington, DC, has been acquired by CareFirst BlueCross BlueShield.
Trusted serves over 34,000 enrollees in the District of Columbia, where it is one of four Alliance and Medicaid Managed Care Plan providers. Ensuring its enrollees have access to primary care, urgent & emergency care, pharmacy services and wellness education, Trusted works to improve outcomes through consistent and effective member engagement.
“Trusted looks forward to integrating into CareFirst,” said Trusted CEO Tommy Duncan. “We believe that the combination of Trusted’s high-touch model of care coupled with CareFirst’s deep experience in managing the care for high acuity populations will yield the most comprehensive care for District enrollees in the Medicaid program.”
About Trusted Health Plan
Trusted Health Plan is a high-performing managed care organization serving enrollees of the DC Healthy Families Medicaid Program and the DC Healthcare Alliance Program. In operation since 2013, Trusted now manages the care of over 34,000 enrollees, and employs over 125 full-time employees. Trusted was the first Medicaid managed care organization in D.C. to introduce Wellness Centers, giving enrollees access to face-to-face health education, case management, and nutritional counseling in centers located in Wards 4, 7, and 8.
About Juggernaut Capital Partners
Juggernaut Capital Partners (“Juggernaut”) is a leading private equity firm focusing on lower middle market companies, primarily in the consumer and healthcare sectors. Juggernaut has a family of funds representing over $1 billion of capital commitments and is currently investing out of Juggernaut Capital Partners IV, L.P.
For more information on Juggernaut Capital Partners, please visit www.juggernautcap.com.