OSF HealthCare, BCBS avoid going out-of-network with new contract

Peoria, Ill.-based OSF HealthCare signed an in-network agreement with Blue Cross and Blue Shield of Illinois Nov. 22.

Advertisement

Under the new contract, all OSF HealthCare hospitals and services will maintain in-network status for BCBS members in 2018. The agreement comes after OSF HealthCare announced in October nearly all hospitals affiliated with its system would be out-of-network with BCBS’ preferred provider organization by Jan. 1.

Of the new contract, Randy Billings, OSF HealthCare senior vice president of population health, said, “We are pleased to have finalized a continuation of OSF Healthcare’s relationship with BCBSIL that ensures patients and families have in-network access to the treatments and services they need. We realize this situation caused concern for our patients and families, and appreciate the support and patience of local businesses and community leaders.”

More articles on payer issues:
Is a Medicare option for all the only practical means to solve the healthcare insurance crisis?
Nothing has changed, yet we’re walking on eggshells: 6 questions with former COO of the Massachusetts Health Connector
Patients, payers and partnerships: Trends show accreditation

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.