C

CareSource

Member-first health plan: Marketplace, Medicare, Medicaid

Overview

CareSource provides health coverage to more than 2 million members, offering Marketplace plans as well as Medicare and Medicaid products. Its core service is delivering health insurance and related care to individuals and communities through a member-first approach, aiming to improve health and well-being over time. The company operates with a focus on affordable, accessible coverage and care coordination across states, guided by its mission to place people over profits rather than simply selling plans. Key differentiators include a long history (30+ years), a national footprint with 4,500+ employees, and an emphasis on serving members’ needs and languages while promoting equal opportunity employment. The overarching goal is to help members live healthier lives by providing comprehensive coverage and support.

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About CareSource

Simplify's Rating
Why CareSource is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Financial ServicesHealthcare

Company Size

1,001-5,000

Company Stage

N/A

Total Funding

N/A

Headquarters

Dayton, OH

Founded

1989

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Simplify's take

What believers are saying

  • MyCare Ohio expanded statewide in 2026, widening eligible enrollment across every county.
  • Georgia and Mississippi now sit under Steve Smitherman, signaling continued geographic expansion.
  • CareSource hired Dr. Tamika Lasege in June 2026 to strengthen Georgia clinical performance.

What critics are saying

  • Washington v. CareSource Management Services LLC stayed active after November 4, 2026 settlement talks failed.
  • CareSource competes against Centene and UnitedHealthcare veterans now running regional markets across Ohio and New York.
  • Medicaid contract losses in Ohio or New York would threaten the nonprofit’s core revenue base.

What makes CareSource unique

  • CareSource runs Medicaid, Medicare, Marketplace, and TRICARE Prime Demo across multiple states.
  • October 26, 2026 promotions show disciplined regional expansion under David Thomas and Deirdra Yocum.
  • Ohio MyCare statewide rollout by August 2026 shows operational scale in government programs.

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Benefits

  • Health Insurance
  • Performance Bonus
  • Flexible Work Hours

Company News

Vialynx Inc
Nov 2nd, 2026
HealthEdge partners with The Columbus Organization to support next phase of growth.

HealthEdge partners with The Columbus Organization to support next phase of growth. World · NOV 2, 2026 PR Newswire TAMPA, Fla., Nov. 2, 2026 /PRNewswire/ - HealthEdge Investment Partners, LLC ("HealthEdge"), a lower middle market private equity firm focused exclusivel... TAMPA, Fla., Nov. 2, 2026 /PRNewswire/ - HealthEdge Investment Partners, LLC ("HealthEdge"), a lower middle market private equity firm focused exclusively on healthcare, announced today that it has completed a majority investment in The Columbus Organization ("Columbus" or the "Company"), a national provider of care management, professional clinical staffing, and quality improvement services supporting people with intellectual and developmental disabilities, aging-related needs, and other complex health concerns. HealthEdge acquired its interest from CareSource. Founded in 1984, Columbus partners with state agencies, healthcare organizations, individuals, and families to help navigate complex medical, behavioral, social, and community-based services and supports. The Company's field-based care management platform combines locally embedded teams with centralized quality, compliance, training, technology, and data capabilities. The partnership will support Columbus's next phase of growth as it continues to scale its platform and broaden its impact across the populations and communities it serves. HealthEdge will work alongside Columbus's management team to support these initiatives while preserving the Company's person-centered model and longstanding commitment to quality. "Columbus has always been focused on helping people with complex needs live more independent and meaningful lives," said Jeff Klimaski, President & CEO of Columbus. "We have continued to expand our capabilities, enter new markets, and invest in the people, technology, and data infrastructure that support high-quality service. HealthEdge understands both our mission and our operating model, and we are excited to partner with them again as we extend our reach to more individuals, families, states, and healthcare partners." HealthEdge previously partnered with Columbus from 2016 through 2021, giving the firm a longstanding relationship with the Company and many members of its leadership team. "Columbus is a differentiated healthcare services platform with deep expertise, durable relationships, and a strong reputation for quality and execution," said Brian Anderson, Managing Partner of HealthEdge. "We have known Jeff and the Columbus team for years and have seen firsthand the strength of their operating model." Added HealthEdge Partner Scott Heberlein, "We believe Columbus is well positioned for continued growth, and we are excited to partner with them again as they build on that strong foundation." "The Columbus Organization has built a strong reputation for delivering person-centered services to people with complex needs, and this partnership positions the company well for its next phase of growth," said Sanjoy Musunuri, Executive Vice President of Strategy and Business Development at CareSource. "We are proud of what we have accomplished together and look forward to continuing our relationship, united by a commitment to helping people live healthier, more independent lives." CareSource retained a minority equity interest in Columbus as part of the transaction, reflecting its continued confidence in the Company and its long-term growth potential. ABOUT HEALTHEDGE INVESTMENT PARTNERS HealthEdge is an operating-oriented private equity firm founded in 2005 that focuses exclusively on the healthcare industry. HealthEdge seeks to achieve superior returns by investing in businesses that benefit from the knowledge, experience, and network of relationships of its partners. HealthEdge's partners have more than 100 years of combined operating experience in healthcare as operators and investors. For more information, please visit www.healthedgepartners.com. ABOUT THE COLUMBUS ORGANIZATION Based in Blue Bell, Pennsylvania, The Columbus Organization is a national provider of care management, professional clinical staffing, and quality improvement services supporting individuals with intellectual and developmental disabilities, aging-related needs, and complex health concerns. For more than 40 years, Columbus has combined person-centered service with deep clinical and operational expertise, quality infrastructure, technology, and data to help individuals achieve meaningful life goals. For more information, please visit www.columbusorg.com. SOURCE HealthEdge Investment Partners, LLC Published by News Desk · WeeklyReviewer The WeeklyReviewer news desk monitors breaking developments around the clock - sourcing, verifying, and publishing real-time industry news across business, technology, politics, science, sports, and world affairs. Every story that comes through the Live Wire is reviewed for accuracy before publication, keeping our readers ahead of the curve without the noise.

Citybiz
Oct 26th, 2026
CareSource promotes David Thomas to Regional Market President, Deirdra Yocum to Ohio Market President.

CareSource promotes David Thomas to Regional Market President, Deirdra Yocum to Ohio Market President. October 26, 2026 David Thomas And Deirdra Yocum CareSource, a national nonprofit managed care organization serving more than 2 million members, has announced two executive leadership promotions, naming David Thomas Regional Market President and Deirdra "Dee" Yocum Ohio Market President. Thomas, who previously led CareSource's Ohio operations, will oversee the organization's Ohio and New York markets, including ElderServe, while directing expansion into additional markets. Yocum, a 14-year CareSource veteran who most recently served as Chief Operating Officer of CareSource Ohio, succeeds Thomas as Ohio Market President. The appointments are part of a broader restructuring of CareSource's regional leadership model as the organization pursues growth across its government-sponsored health insurance businesses. "David and Dee have each shaped CareSource's work in important ways," said Scott Markovich, Executive Vice President of Markets and Products at CareSource. "David brings extensive experience leading government-sponsored health plans, driving growth and improving outcomes for members, including those with complex needs." In her new role, Yocum will oversee CareSource's statewide strategy, financial and operational performance, government affairs, and relationships with healthcare providers and community organizations. She will also lead initiatives focused on improving healthcare quality, expanding access to services and addressing factors that influence members' health outcomes. During her tenure at CareSource, Yocum has helped develop programs connecting members with healthcare services and community-based resources. As Ohio Chief Operating Officer, she oversaw teams responsible for CareSource Life Services and partnerships addressing health-related social needs. Before joining CareSource, Yocum held leadership positions at Humana Inc. and Ernst & Young LLP, advising healthcare organizations on strategy, operations and performance improvement. "I'm honored to lead CareSource Ohio and to keep building on the relationships we've developed with partners across the state," Yocum said. Thomas joined CareSource in July 2025 and has led efforts to strengthen operational performance and support the organization's long-term strategy in Ohio. Before joining CareSource, he served as Chief Executive Officer of Markets and Medicaid at Centene, where he oversaw health plans operating in 31 states. He also previously served as President and CEO of Fidelis Care, a New York-based health plan serving approximately 1.7 million members. "I'm grateful for the opportunity to take on this broader role and proud of what our Ohio team has accomplished together," Thomas said. "I look forward to working with leaders across our markets to build on our continued growth and expand access to high-quality care for members." CareSource also announced an expansion of Regional Market President Steve Smitherman's responsibilities. Smitherman will add Georgia and Mississippi to his portfolio while continuing to oversee Arkansas, Indiana, Michigan, Nevada, Wisconsin and Regional Market Operations. The leadership changes are intended to strengthen coordination across CareSource's regional markets while maintaining local oversight of healthcare operations and community partnerships. CareSource administers one of the largest Medicaid managed care plans in the United States and provides Medicaid, Medicare and Health Insurance Marketplace coverage. The nonprofit organization focuses on improving access to healthcare, preventive services and programs addressing social factors that affect health. The new leadership structure positions CareSource to manage its existing markets while pursuing additional geographic expansion and operational improvements.

HBCU Connect
Oct 7th, 2026
Meet CareSource recruiters at the HBCU CONNECT Fall Virtual Conference & Career Fair.

Meet CareSource recruiters at the HBCU CONNECT Fall Virtual Conference & Career Fair. | Posted By: Cata Rizzle on October 07, 2026 FEATURED Content CareSource is hiring and will be participating in the HBCU CONNECT Fall Virtual Conference & Career Fair on October 21, 2026. HBCU students, alumni and experienced professionals are encouraged to register, visit the CareSource booth and learn more about current career and internship opportunities. Register now for the October 21 HBCU CONNECT Conference & Career Fair " Current Career Opportunities CareSource is currently recruiting for a number of priority roles, including several Hybrid RN Care Manager positions in Massachusetts, New York and Ohio. Some Massachusetts nursing opportunities include sign-on bonuses ranging from $5,000 to $10,000. CareSource offers career opportunities across clinical services, information technology, customer care, corporate functions, operations and leadership. The organization employs more than 7,000 people nationwide and focuses on improving the health and well-being of the members and communities it serves. 2027 Summer Internship Program Students and recent graduates should also explore CareSource's 2027 Summer Internship Program. The 12-week paid program offers opportunities in areas including actuarial science, data science, information technology, marketing, clinical functions and operations. The internship program includes meaningful project work, professional development, mentorship and networking opportunities with CareSource leaders. Register for the career fair and make plans to visit the CareSource booth " Why Consider CareSource? CareSource offers benefits designed to support employees professionally and personally, including health coverage, retirement benefits, educational reimbursement, paid time off and flexible work arrangements for eligible positions. The company also supports employee communities and professional development through groups such as its Black Employee Network and other employee resource groups. Connect with CareSource on October 21 Whether you are an experienced health care professional, a college student or a recent graduate, the HBCU CONNECT Fall Virtual Conference & Career Fair is a great opportunity to learn more about CareSource and its current openings. CLICK HERE TO REGISTER FOR THE OCTOBER 21 HBCU CONNECT FALL VIRTUAL CONFERENCE & CAREER FAIR " You can also explore additional opportunities at careers.caresource.com. If you enjoyed this article, Join HBCU CONNECT today for similar content and opportunities via email! | | / | Cata Rizzle Software Engineer, Microsoft Hampton University class of 2001 Member Since August 2026 | | Please Login To Post Comments... | | Email: | Password: | / | | / | Latest Career Content | / | your finance career starts with connections. Meet 16 major firms at the future of finance event! Fifteen of the biggest names in financial services - goldman sachs, morgan stanley, wells fargo and twelve more - are coming together for three nights, October 26-28, to show students and recent gra ...more roger gates - 142 views - October 13th, 2026 |. | / | LG electronics' is hiring in their New virginia location - interview before november! LG electronics is opening a brand-new manufacturing plant in windsor, virginia and hiring eight production team leads to help stand it up. First shift, $23-$28 an hour, free employee premiums, and a N ...more roger gates - 743 views - October 12th, 2026 |. | / | from HBCU to global leader: building future-ready skills through peace corps service the peace corps' from HBCU to global leader: building future-ready skills through peace corps service virtual conversation explores how service can help HBCU students and alumni build transferable ski ...more Cata Rizzle - 661 views - October 6th, 2026 |. | / | lululemon Is Hiring: Retail, Design & Asset Protection Roles Across North America and Europe lululemon, the global athletic apparel company behind some of the most recognized activewear on the planet, is actively hiring across North America and Europe - and the company is inviting HBCU ...more Roger Gates - 389 Views - September 22nd, 2026 |.

Telemynd
Jul 23rd, 2026
Telemynd becomes an in-network mental health provider with CareSource Military & Veterans for the TRICARE Prime Demo.

Telemynd becomes an in-network mental health provider with CareSource Military & Veterans for the TRICARE Prime Demo. Telemynd now accepts the TRICARE Prime Demo by CareSource Military & Veterans, expanding virtual therapy and psychiatry access for eligible military families in Atlanta and Tampa. BOSTON, MA, July 23, 2026 - Telemynd, a national virtual mental health care provider serving military communities across the United States, today announced that it is now an in-network provider for the TRICARE Prime(R) Demo administered by CareSource Military & Veterans(TM). This expanded coverage gives eligible military families, retirees, and other TRICARE beneficiaries in designated areas of Atlanta, Georgia, and Tampa, Florida, access to Telemynd's virtual therapy and psychiatry services through their existing health benefits.

Castle Placement
Jul 9th, 2026
Top 10 Healthcare Services Capital Raises and Investors in the U.S. - June 1st to 30th, 2026

Top 10 healthcare services capital raises and investors in the U.S. - june 1st to 30th, 2026. Several interesting transactions closed in the HealthCare Services sector over the past month. If you would like more info or would like to discuss the capital raising market for your company, please contact me. PE Growth/Expansion * His Choice Health, specialized reproductive health services for men, received development capital from WSC & Company. * Radiology Partners, multi-state onsite radiology centers that transform radiology for radiologists, radiology practices, hospitals, health systems, patients and families, received $268.51 million of development capital. Merger/Acquisition * Heart and Lung Transplant National Recovery Program, heart and lung transplant recovery services for medical centers in the United States, was acquired by Strata Critical Medical for $21.5 million. * Mavida Health, mental health care platform that supports mental health from preconception to postpartum, was acquired by Wisconsin Physicians Service Insurance. Later Stage VC * Klinic, digital addiction treatment clinic that offers a virtual addiction recovery support system, raised $24.22 million of venture funding from Somersault Ventures and I2BF Global Ventures. * ClearPrice Networks, healthcare provider network that improves transparency and efficiency in medical equipment and home care service reimbursement, raised $250,000 of venture funding in the form of convertible debt. Early Stage VC * Circadian, virtual care and treatment services that treat complex chronic patients, raised $8.78 million through a combination of Series 2006-1 and Series 2006-2 venture funding, putting the company's pre-money valuation at $12.72 million. * Surgery Center Of Wasilla, ambulatory surgical center that provides outpatient surgical care, raised $2.25 million of venture. Seed Round * Beckley Clinical, inpatient and telehealth clinic that addresses the need for effective and safe treatments for mental health conditions, raised $7.38 million through a combination of Seed-2 and Seed-3 funding from investors, putting the company's pre-money valuation at $12.62 million. * Radley Care, peer support services for adults with mental illness that empower individuals to live fulfilling and amazing lives through recovery-focused, community-driven care, raised $3 million of seed funding from CareSource, Peg's Foundation and Aurora Forge. #castleplacement #capitalraising #privateequity #venturecapital #investment #healthservices #healthcareservices Anna moisuc. Managing director. Please contact me if you have any questions or would like to discuss your capital raise: Send Castle Placement, LLC a message: Sources: Information on this page was derived from a variety of sources including Bloomberg, Company Websites, Crunchbase, PitchBook and other news outlets. Castle Placement(R) does not warrant or guarantee this information, nor makes any representations as to the accuracy of the information. For more Risks, see CPGO Risks and Disclaimers.

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