BCBS Texas, Ascension Texas reach agreement

Advertisement

Health Care Service Corp.’s Blue Cross and Blue Shield of Texas and Austin-based Ascension Texas reached an agreement Dec. 31, just ahead of their end-of-year deadline, according to the insurer.

Now, all members — spanning commercial, ACA and Medicare Advantage plans — will retain access to the facilities, including Waco-based Ascension Providence and Austin-based Ascension Seton.

“After months of active negotiations, Blue Cross and Blue Shield of Texas has agreed to terms that protect our members’ access to quality care offered by Ascension at cost-effective prices,” a statement from the insurer said. The website and statement did not specify how long the contract will remain in place.

At the Becker's 5th Annual Fall Payer Issues Roundtable, taking place November 2–3 in Chicago, payer executives and healthcare leaders will come together to discuss value-based care, regulatory changes, cost management strategies and innovations shaping the future of payer-provider collaboration. Apply for complimentary registration now.

Advertisement

Next Up in Contracting

Advertisement