Contract termination between New Mexico Heart Institute, Presbyterian Health Plan affects 3k patients

Albuquerque-based New Mexico Heart Institute, one of the state's largest cardiology practices, terminated its contract with Presbyterian Health Plan — a move that will affect about 3,000 patients, the Albuquerque Journal reports.

New Mexico Heart Institute initiated the termination, which takes effect July 12. The institute's COO, Trena Chagnon, said it ended the agreement to "provide the highest quality of care and more efficient treatment" for its patients. She added, "But in the future, we hope there comes a time when we will be able to serve our Presbyterian patients again."

As a result of the contract termination, the roughly 3,000 affected patients will have to pay more out of pocket to access their New Mexico Heart Institute physicians and services.

Presbyterian Healthcare Service's CMO and clinical transformation officer Jason Mitchell, MD, told the Albuquerque Journal the health plan "appreciate[s] the care [NMHI has] provided our members." The plan will begin calling affected members to help them choose another in-network provider, he added.

More articles on payer issues:
ACA insurers get class-action status in multibillion-dollar cost-sharing reduction lawsuit
Aetna to hire 250+ employees for Massachusetts innovation hub
Illinois suspends BCBS from offering managed Medicaid plans: 3 notes

© Copyright ASC COMMUNICATIONS 2020. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.


Featured Webinars

Featured Whitepapers