Parkview, Anthem reach new coverage agreement
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Fort Wayne-based Parkview Health and Anthem Blue Cross Blue Shield on Thursday announced a new, multi-year agreement.
Financial terms of the agreement are not being disclosed, but Parkview said the deal keeps its participation in Anthem’s networks through 2029.
“Our agreement ensures our patients continue to receive the care they need without interruption, which was always our top priority,” Jason Row, chief value transformation officer for Parkview, said in a news release. “Parkview remains committed to negotiating in good faith with insurers like Anthem to reduce the cost of care for patients. In fact, Anthem will pay Parkview less for hospital care through 2029 than it did in 2020.”
Parkview said discussions continue for Medicare Advantage plans, though the health system will remain part of Anthem’s Medicare Advantage network through Dec. 31.
Our partners at WPTA-TV report Parkview and Anthem extended their previous contract to provide coverage through Aug. 16 while negotiations continued. A failure to reach an agreement would have seen Anthem subscribers paying out-of-network prices for Parkview’s services.
“We took an important first step four years ago when Parkview and Anthem agreed to improve healthcare affordability for northeastern Indiana consumers—this agreement builds on that progress,” said Beth Keyser, president of Blue Cross Blue Shield of Indiana. “I’m especially pleased that while we’re continuing to moderate overall cost trends, we’ve meaningfully invested in the physician community to continue attracting top-tier physician talent to northeast Indiana.”