Dayton Company Credits Region’s Talent for Its Continued Growth
In 1989, community leaders in Dayton asked Pamela Morris to pioneer a new managed care model. That model has since grown into a nonprofit company called CareSource, one of the fastest growing and largest Medicaid managed care companies in the country and a key driver of downtown Dayton’s continued revitalization. When CareSource needed more space to accommodate its growth, company officials chose to expand their headquarters in Dayton.
CareSource is one of the nation’s largest Medicaid managed care companies and a leading provider of quality health care plans and programs. Headquartered in Dayton, the $7.2 billion company employs 3,100 people and manages health care for more than half of Ohio’s Medicaid recipients. The nonprofit company also offers Medicare Advantage plans, health plans through the Health Insurance Marketplace and programs that link members with vital support services. Together, these programs serve more than 1.6 million CareSource members in Ohio, Indiana, Kentucky and West Virginia. The company will begin serving members in Georgia in mid-2017.
CareSource has experienced rapid growth since its beginning. In 2007, the company built its nine-story headquarters in downtown Dayton. To accommodate anticipated employment growth and maintain the company’s commitment to Dayton, CareSource executives announced plans in 2016 to expand the company’s downtown footprint with the construction of a six-story office building and the renovation of another nearby building.
CareSource’s steady growth also means the company consistently needs employees to fill newly created jobs. Dayton has proven to be an outstanding location for CareSource, and the company continues to draw talent from the region’s large, diverse and well-trained workforce. CareSource’s success has led the company to become the major driver of downtown Dayton’s revitalization.
“Almost 10 years ago, we took a bold step at the height of the economic recession and invested in Dayton by building our headquarters,” said Morris, president and CEO of CareSource. “We are proud to continue investing in Dayton and look forward to the resurgence of our downtown.”