Deal Reached Between New York' Continuum Health Partners and UnitedHealthcare
March 15, 2010
After weeks of contentious negotiations, UnitedHealthcare and New York City's Continuum Health Partners reached an agreement that will keep care for tens of thousands of New York patients from being disrupted, according to a story in The New York Times.
Officials from Continuum, which includes Beth Israel Medical Center and St. Luke's-Roosevelt Hospital Center, said they were able to reach an agreement with UnitedHealthcare that kept rates for Medicare Advantage plans unchanged and staved off a proposed requirement that would have forced hospitals to notify the insurer within 24 hours of a patient's admission to avoid a financial penalty.
The notification requirement was postponed partly because the state's attorney general is looking into its legality, according to the Times story. As for the Advantage plan rates, the insurer had originally proposed a large reduction in payment rates because of uncertainty over the federal government's decisions about premiums for these plans in the future.
Read The New York Times' story on UnitedHealthcare and Continuum Health Partners.
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