🚀 go-pugleaf

   From the Baton Rouge Business Report  http://www.businessreport.com:

"Officials with Our Lady of the Lake Regional Medical Center say they 
hope a contract agreement can be reached with Blue Cross Blue Shield of 
Louisiana to keep the hospital in the insurance network. "Each of our 
organizations has an obligation to make the business decisions they 
think best for the continued success of their organizations," OLOL CEO 
Bob Davidge says in a statement. The current agreement between Blue 
Cross and the Franciscan Ministries of Our Lady, which owns OLOL and 
several other medical facilities around the state, expires Jan. 31. 
After that, Blue Cross customers will not be in the network. Davidge 
says OLOL asked Blue Cross for an increase in reimbursement rates to 
cover services, but there was a pricing gap. The medical center wanted 
to lock in rates for a two-year contract. Blue Cross officials say OLOL 
wanted a double-digit increase in rates, which would have too much of an 
impact on customer premiums. OLOL says the issue is the shift in medical 
costs from underfunded Medicaid and Medicare patients to paying patients 
who have private insurance."


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