UPMC’s contract with Highmark, which has 3 million members, will expire June 30, 2012, and a UPMC official said the system does not have a “reasonable expectation” of renewing it.
Meanwhile, the system has signed contracts with Aetna, Cigna and United HealthCare Services that cover more UPMC facilities.
Aetna, which had lost its UPMC contract in 2001, now administers UPMC contracts with several major employers. The new United HealthCare contract expands coverage to UPMC’s Presbyterian and Shadyside hospitals, along with some of its regional hospitals. And the contract with Cigna, signed in February, expands access to all UPMC hospitals and physicians.
Read the Pittsburgh Tribune report on University of Pittsburgh Medical Center.
Related Articles on University of Pittsburgh Medical Center:
UPMC Saves With Patient-Centered Care for Spine Surgery
UPMC Sees $144M Increase in Operating Revenue
UPMC Wants Supreme Court to Review West Penn’s Antitrust Lawsuit
At Becker's 4th Annual CEO + CFO Roundtable, taking place November 2–5 in Chicago, more than 1,500 hospital and health system executives tackle decisions that determine whether organizations thrive or merely survive: protecting margins under cost pressure, choosing where to grow, renegotiating payer relationships, stabilizing the workforce and proving real ROI on technology. This is where leaders work through them together, face-to-face. Apply for complimentary registration now.