CareSource: A Major Business in Ohio

Industry Sector: Healthcare

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, Ohio, the $11.2 billion company manages health care for more than half of Ohio’s Medicaid recipients, as well as members in Georgia, Indiana, Kentucky, and West Virginia. Building on its legacy of providing quality health care coverage for Medicaid consumers, the company continues to expand to serve members in Arkansas in 2022. 

In addition to Medicaid coverage, CareSource has a diverse offering of insurance plans on the Health Insurance Marketplace. The company also offers Medicare Advantage plans that help consumers close the gap of coverage as they age. CareSource serves more than 2 million members across six states supported by a growing workforce of 4,500.  

As a managed healthcare organization, CareSource focuses on prevention with a goal. CareSource’s holistic model of care breaks down the hurdles of clinical treatment and social qualities that can lead to reduced health outcomes. The company has launched an award-winning prescriber outreach program that has resulted in a significant reduction in opioid prescriptions. Its Life Services® program is widely recognized in the managed care industry for partnering with community agencies on behalf of members to reduce dependency on governmental services. 

The Healthcare Industry in Ohio 

Commanding worldwide attention for innovative treatments in fields including heart disease, cancer, and pediatrics, Ohio’s healthcare mission is to embrace innovation and improve care for all. Researchers, care providers, entrepreneurs, investors, and health system executives have built momentum to trigger remarkable breakthroughs, treat hundreds of diseases, and improve the quality of life of patients worldwide. 

Innovation Districts in Ohio are helping to establish the state as a global leader in healthcare, life sciences, and technology. The goal is to create sustainable ecosystems of ideas, infrastructure, and talent where the world’s top people and companies come to roll up their sleeves, innovate, and grow. As Ohio continues to grow its healthcare industry, these Innovation Districts nurture the types of communities that attract talent, produce talent, and offer the kind of environment that keeps talent in the state. 

Learn more about healthcare in Ohio. 

Ohio Footprint

CareSource’s managed care business model was founded in 1989, and decades of expertise has resulted in the company’s national recognition for leading the industry in providing member-centric health care coverage.  

CareSource built its nine-story headquarters in Dayton in 2007. In 2016, to accommodate its employment growth and maintain its commitment to the Dayton community, it announced plans to expand with the construction of a new office building, which opened in 2019. CareSource also renovated another nearby building, creating a campus for its 3,000 Dayton-area employees. 

The acquisition of new CareSource markets and contract expansions in Indiana and Georgia has fueled significant growth in recent years, requiring additional back-office support and facility space in Dayton. 

CareSource has grown from 1,000 employees to more than 4,500, with most being newly created jobs in Ohio. 

Success Story: CareSource Drives Growth for Dayton 

JobsOhio Contribution 

CareSource’s recent expansions have provided significant job creation opportunities in the Dayton region. As healthcare is one of JobsOhio’s targeted industries, JobsOhio supported CareSource expansions through a JobsOhio Grant (JOG), a JobsOhio Revitalization Grant (JORG), a JobsOhio Revitalization Loan (JORL), and a JobsOhio Workforce Grant (JOW).  

Why Ohio? 

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 while recruiting new executives to Dayton from across the country. CareSource’s success has led the company to become the major driver of downtown Dayton’s revitalization.  

Ohio Jobs 

With a long history of innovation, Ohio recognizes the importance of continued investment to drive economic prosperity, stimulate funding, and create high-quality jobs. People from across the nation are finding the career they want and the lifestyle they deserve in Ohio.   

To explore career opportunities with CareSource and other major businesses in Ohio, visit Find Your Ohio.

Ohio Impact 

According to Erhardt Preitauer, President and CEO of CareSource, “As CareSource has grown to more than 4,000 Ohio-based employees in eight office locations throughout the state, there’s a dramatic ripple effect that benefits all Ohioans—more jobs, more local spending, and more tax revenue. We’re proud to contribute to Dayton’s ecosystem and help drive growth and investment in our hometown.” 

Why Ohio Can be Good for You, Too 

JobsOhio offers solutions for companies and Ohioans that enable economic prosperity across the state. To drive job creation and new capital investment in Ohio, JobsOhio has developed a suite of programs and services designed to attract business, retain jobs, and help make the choice to expand here an easy one. 

Ready to do Business in Ohio?   

We’re here to help you with site selection, talent, expansion, and development projects.