CHI Memorial, UnitedHealthcare reach agreement

CHI Memorial in Chattanooga, Tenn., and UnitedHealthcare repaired business ties Tuesday, meaning about 5,000 UnitedHealthcare customers in the area can once again receive discounted care at CHI Memorial facilities, reports Times Free Press.

Advertisement

The two organizations split Oct. 31 after they failed to reach an agreement over reimbursement terms before their existing contract expired.

“This new agreement sets the stage for a cooperative relationship that allows both parties to explore ways to incorporate new models of care in the future,” CHI Memorial CEO Larry Schumacher, RN, said in a statement. “We feel the new contract reimburses CHI Memorial fairly for the services we provide to UnitedHealthcare members and recognizes the value CHI Memorial brings to people in southeast Tennessee.”

The policy change is effective immediately and retroactive to Nov. 1.

More articles on payer issues: 

St. Peter’s Health System, CDPHP reach verbal agreement
Anthem Blue Cross to cover older adult fitness classes in Medicare Supplement plans
Pennsylvania to reimburse long-term birth control for Medicaid patients post-pregnancy

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

Advertisement

Next Up in Transactions & Valuation Issues

Advertisement

Comments are closed.