Aetna, NewYork-Presbyterian 'far apart' as contract deadline nears

New York City-based NewYork-Presbyterian could go out of network with Aetna if the sides are unable to reach a new contract agreement by March 31, The Journal News reported March 12. 

NewYork-Presbyterian has accused Aetna of presenting unreasonable offers, but remains hopeful that the payer will "continue to engage in good faith negotiations" to reach a new deal, according to the report. 

Aetna alleged that the sides are "far apart on terms" because the system "is demanding significant increases in reimbursement rates that are unsustainable and will materially raise costs," according to the report. It said it remains committed to negotiating in good faith for a fair contract. 

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.


Top 40 articles from the past 6 months