PALO ALTO, Calif.--(BUSINESS WIRE)-- Lucile Packard Children’s Hospital today announced the successful completion of a new health insurance provider agreement with Blue Shield of California, effective October 20, 2011. Lucile Packard Children’s Hospital is once again an in-network provider for all patients insured by Blue Shield of California.
With the new two-year agreement, the hospital and Blue Shield were able to mutually agree on reimbursement rates and contract language relevant to today’s healthcare environment.
"We’re happy to have this new agreement in place," said Gary May, vice president of Payer Relations and Pricing for the hospital. "Both Blue Shield and Packard Children’s have worked diligently on this matter, and everyone is pleased that Blue Shield families will continue to have full access to our world-class care."
Blue Shield patients who received services at the Hospital in the non-contracted period between August 31 and October 19 were only held responsible by the hospital for what their in-network expenses would have been if the previous contract had been in place.
Additionally, both Packard Children’s and Stanford Hospital & Clinics are still in negotiation with Anthem Blue Cross for a new health insurance provider agreement. Both hospitals continue to honor in-network co-insurance rates in this non-contracted interim period for patients insured by Anthem.
About Lucile Packard Children’s Hospital
Celebrating its 20th anniversary in 2011, Lucile Packard Children's Hospital is annually ranked as one of the nation's best pediatric hospitals by U.S. News & World Report, and is the only San Francisco Bay Area children's hospital with programs ranked in the U.S. News Top Ten. The 311-bed hospital is devoted to the care of children and expectant mothers, and provides pediatric and obstetric medical and surgical services in association with the Stanford University School of Medicine. Packard Children's offers patients locally, regionally and nationally a full range of health-care programs and services, from preventive and routine care to the diagnosis and treatment of serious illness and injury. For more information, visit www.lpch.org.
CONTACT:
Lucile Packard Children’s Hospital
Reena Mukamal, 650-498-7056
[email protected]
Robert Dicks, 650-497-8364
[email protected]
KEYWORDS: United States North America California
INDUSTRY KEYWORDS: Health Hospitals Professional Services Children Insurance Consumer General Health
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