Brookwood Baptist Health patients could lose in-network insurance coverage at ASCs and hospitals unless Tenet Healthcare and Cigna reach an agreement, the Birmingham Business Journal reported.
Here are the key details:
1. The contract between Tenet Healthcare and Cigna expires at the end of the year, with the insurer and health provider discussing the new contract, but not yet coming to a decision. Cigna's demands for reduced payment rates are a major point in the negotiations for Brookwood Baptist.
2. The loss of in-network coverage would potentially affect 230 physicians employed by Brookwood Baptist Health; about 2,500 Cigna customers have received services from the health network's providers in the past 18 months.
3. Cigna cited Tenet's desire for a national contract instead of state-based agreements as a key negotiating factor.