Franciscan Missionaries of Our Lady Health System reaches agreement with Blue Cross on contract
01/21/2010
We are pleased to reach agreement on terms of a new contract with Blue Cross Blue Shield of Louisiana that will extend until April 30, 2012.
Compromise by FMOLHS and BCBS as healthcare leaders in our state is in everyone’s best interest, and that’s what we had hoped for when we sent our first contract proposal eight months ago. Both parties made substantial concessions. The agreed upon rate adjustment is enough to cover the cost of doing business and we are satisfied with the outcome. In the end, this is the reasonable contract that should have been resolved two months ago. Our organization will continue to be good stewards of our resources as we deliver high quality, safe healthcare. There are great things happening in our hospitals every day and we will be sure to share those with the community. We deeply appreciate the support we received during this challenging time.
Our focus, as always, remains on the patients we are privileged to serve through the healing ministry of Jesus Christ.
