Children's, Blue Cross deal curbs payments
The Boston Globe, January 24, 2012
Children's Hospital Boston has agreed to a three-year contract with Blue Cross Blue Shield of Massachusetts that will not pay Children's any more money this year, offering fresh evidence that the clamor to contain health costs is having an effect. In the second and third years of the pact, the hospital will be reimbursed by Blue Cross Blue Shield at a rate neither party would specify, but both said it was below the current 3 percent rate of medical inflation.
Most Viewed
Most Emailed
- Healthcare Leaders Seek Strategic Sweet Spot
- 3 Reasons Wellness Programs Fail
- CMS Issues Health Insurance Exchange Proposed Rules
- Patients Shoulder Nearly 25% of Medical Bills
- ACOs Widespread, Yet Challenged
- MGMA: Physician Compensation Increasingly Based on Quality Measures
- Healthcare Costs 'An Abomination' Says Senate Finance Committee Chair
- Healthcare Consolidation: M&A Not the Only Way
- 6 CNO-to-CEO Strategies
- PwC: Pace of Rising Medical Costs Slowing
