The decision will affect patients with Medicaid plans through IlliniCare, Meridian, Molina Healthcare and Blue Cross Blue Shield.
Mercyhealth said a reduction of income from Medicaid and other health insurance providers, combined with COVID-19 challenges, led to the decision.
The hospital’s agreements with IlliniCare, Meridian and Molina will end July 21, and its agreement with BCBS will end Oct. 22.
Read more here.
More articles on payers:
UnitedHealth exec pay: 3 things to know about 2019’s highest-compensated leaders
UnitedHealth considers rebates as claims costs for elective surgeries fall
900 furloughed MUSC employees to get insurance paid for by donations
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
