Community Health System and Anthem Blue Cross have reached a new contract agreement after a lengthy negotiating period.
The backstory: Community Health terminated the last deal in early January, citing low reimbursement rates and inflation as the reasons behind the decision.
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- At the time, Community’s Senior Vice President of Network Development and Insurance Service Aldo De La Torre said Anthem offered rate increases that were far less than inflation trends and did not account for the rising costs of care that have hit the healthcare provider.
The big picture: Friday, Community Health announced that the two sides struck a deal for a new multi-year contract.
- With the deal, Community facilities and affiliated providers now rejoin Anthem’s network of participating care providers, giving Anthem members access to Community hospitals and physicians once again.
What they’re saying: “Our two organizations have a long history of working together to benefit those we serve and we look forward to continuing this relationship,” De La Torre said.
- John Pickett, the Vice President Provider Solutions at Anthem said the insurance company looks forward to continuing its long-term relationship with Community.
- “This multi-year agreement provides certainty for our members and customers throughout the Central Valley and allows us to deepen our relationship and collaborative efforts to ensure access to high-quality, affordable care.”
