Mike Stock
President/CEO QualChoice of Arkansas
The Arkansas Insurance Department recently awarded QualChoice Advantage Inc. a certificate of authority to operate a new health maintenance organization in Arkansas.
The HMO still needs more regulatory approval before it’s offered to customers, said QualChoice spokeswoman Christy Garrett.
When QualChoice receives approval for the HMO, it will add 10 to 20 workers, which is expected this summer, she said.
The number of employees could grow as the number of the HMO members increases, she said.
Garrett said she couldn’t talk more about the HMO until it’s approved.
In 2014, Prominence Health Plan Services, Inc., formerly Collab Health Plan Services Inc., a wholly owned subsidiary of Catholic Health Initiatives of Englewood, Colorado, bought QualChoice Holdings Inc. CHI is the parent company of St. Vincent Health System of Little Rock.
Since the acquisition, more than 100 positions have been created in Arkansas, according to a news release on Wednesday.
“The acquisition of QualChoice by CHI has been a very positive experience for both parties,” said Mike Stock, CEO of QualChoice Holdings, in the news release. “We are excited for our growth opportunities and that we’re bringing high quality jobs and products to Arkansans.”
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