Thread regarding Ascension Health layoffs

Stalemate

Tens of thousands of Texans could potentially suffer from a major fallout between the state's largest insurance company and one of the country's largest health care networks, putting many providers and facilities out of network for patients. Negotiations have been ongoing for months without a solution, and now the clock is running out.

Blue Cross Blue Shield of Texas may cut ties with huge hospital system

Blue Cross Blue Shield of Texas may cut Ascension Seton providers.

Warren Brown

Updated: Jan. 5, 2023

https://www.mysanantonio.com/news/local/article/ascension-seton-blue-cross-blue-shield-17695067.php

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Post ID: @OP+1kyQ6ICY

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BCBSTX did issue an updated statement on its dealings with Ascension. In summary, the provider says it is still working in good faith to come to an agreement but alleges the health system of trying to make up lost profit in other states by raising prices in Texas.

The statement reading in part:

"Ascension Seton is part of Ascension, one of the nation’s largest health systems."

"Ascension is headquartered in St. Louis, and has more than 2,600 sites of care, including 139 hospitals in 19 states. Nationwide, Ascension has reported operating losses of close to $1 billion despite operating revenue increasing $738 million."

"While health care operating costs have increased due to inflation and labor shortages, Seton remains profitable in Texas regardless of the larger Ascension portfolio of hospitals. BCBSTX is willing to pay fair rates but our members should not be expected to supplement shortcomings Ascension is having in other states."

"During the last two years, Ascension has expanded aggressively. It has purchased multiple specialist groups and ambulatory surgery centers, immediately increasing the costs for patients of those acquired doctors and facilities. Studies show health care consolidation leads to higher prices and does not necessarily lead to higher quality care for our members."

"While we will continue to negotiate in good faith, we want to assure BCBSTX members that we’re committed to reaching an agreement that will continue their access to Ascension facilities at a fair price."

Blue Cross and Blue Shield of Texas

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Post ID: @ewgm+1kyQ6ICY

Hmmm...

Doesn't look like a stalemate to me. Ascension (Hulk) vs. Blue Cross Blue Shield (Thanos):

https://www.youtube.com/watch?v=_PwRTFjjh-M

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Post ID: @2moz+1kyQ6ICY

Ascension Seton is "already the highest cost system in the market," and the "children's facility (Dell Children's) is one of the highest in the state."

https://www.statesman.com/story/news/healthcare/2023/01/06/bcbs-texas-ascension-hospitals-could-be-out-of-network/69782277007/

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Post ID: @nzh+1kyQ6ICY

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