Fishersville, Va.-based Augusta Health notified Anthem BlueCross BlueShield it will terminate its contract with the payer by 2018, according to a NewsLeader report.
John Katsianis, Augusta Health CFO, said the hospital is "significantly underpaid" compared to other regional providers. He added the dispute, which concerns reimbursement rates, caused Augusta to reach "an impasse with the folks at Anthem."
Scott Golden, director of corporate communications for the Richmond, Va.-based payer, said while they received a termination notice from Augusta Health, Anthem will "continue to work in good faith over the next few months in hopes of coming to an agreement prior to the termination deadline that is in the best interest of our members and customers."
Mr. Katsianis told NewsLeader Augusta Health sees 15,000 to 20,000 Anthem patients annually.
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