Anthem, St. Francis reach agreement in principle

The St. Francis hospital system has reached a tentative contract agreement with Anthem Blue Cross and Blue Shield of Indiana,
ending a disagreement over insurance reimbursement costs, the parties said today.

Sisters of
St. Francis Health Services Inc. originally asked for reimbursement increases that would have amounted to $80 million over
three years, Rick Rhodes, an Anthem regional vice president, wrote in an Oct. 30 letter to employers covered by Anthem. The
increase would mean $12 million more in out-of-pocket costs to Anthem customers. But St. Francis claims its request for an
increase only brought it in line with what other hospitals are getting.

Details of the new "agreement in principle"
were not immediately available, but the deal will maintain
in-network
health care benefits for policyholders and employer groups throughout Indiana, according to a written statement that.

Please enable JavaScript to view this content.

Story Continues Below

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our updated comment policy that will govern how comments are moderated.

{{ articles_remaining }}
Free {{ article_text }} Remaining
{{ articles_remaining }}
Free {{ article_text }} Remaining Article limit resets on
{{ count_down }}