Passport ‘cautiously optimistic’ new Medicaid rates can avert insolvency

Passport Health Plan CEO Mark Carter said he is “cautiously optimistic” that the state’s new Medicaid disbursement rates, which will provide Passport with another $80 million annually, will be enough to avert the nonprofit’s insolvency. However, Carter also told Insider in an emailed statement Wednesday that the state’s low rates over the last year “substantially […]