The hospital’s and payor’s previous contract expired July 16. This agreement will renew that contract until 90 days after Boston-based Steward Health Care completes its acquisition of Landmark, or until Dec. 31 — whichever date arrives first.
BCBS spokesperson Kim Reingold said the agreement was one with Landmark, not Steward, according to the report.
Along with the memorandum of understanding, Landmark Special Master Jonathon Savage agreed to drop his suit against BCBS, which claimed the payor starved Landmark with unjustly inadequate reimbursements.
More Articles on Steward, Landmark Medical Center and Blue Cross & Blue Shield:
Steward Health Care Receives Extension on Landmark Deal Deadline Again
Dr. Ralph de la Torre Criticizes Rhode Island AG, Blue Cross CEO for “Unwelcome Attitude to Steward”
Steward Gets More Time to Close Landmark Medical Center Deal
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