The insurer said THR’s demands for higher reimbursement rates have caused contract negotiations to break down.
“As one of the major insurance companies in the state, we have been tasked with trying to bring some sanity to the price structure,” Paul Hain, MD, market president for Blue Cross in North Texas told The Dallas Morning News. “Negotiations are difficult when providers demand huge increases … because the rates are already way too high.”
Dr. Hain said THR has requested a $57 million increase to the existing contract. Texas Health Resources CEO Barclay Berdan told The Dallas Morning News that number “should be taken with a truckload of salt.”
Mr. Berdan said the health system is dedicated to reaching an agreement with BCBS of Texas.
More articles on payer issues:
AMA supports block of Aetna-Humana merger
UnitedHealthcare, Tenet reach in-network access agreement
Aetna says ACO plans saved $32M
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit