Published:
Blue Cross & Blue Shield of Rhode Island and Care New England Reach Multiyear Agreement
PROVIDENCE, R.I., Dec. 3 /PRNewswire/ -- Blue Cross & Blue Shield ofRhode
Island (BCBSRI) and Care New England (CNE) today announced that they have
reached a new five-year agreement, which ensures that CNE will remain in the
BCBSRI network until 2013. The agreement applies to all CNE hospitals (Kent,
Women & Infants', and Butler) and the VNA of Care New England.
According to BCBSRI President and CEO James E. Purcell, "These are
challenging times for all parties concerned. That being said, we are very
pleased that we have reached this new agreement. It's an agreement that will
mutually benefit BCBSRI members and the CNE system for the long term."
"BCBSRI has vigorously represented its ratepayers in these negotiations,"
added CNE President and CEO John J. Hynes. "Yet, BCBSRI has also acknowledged
the needs of our hospitals. This new agreement represents a balanced result,
which will benefit the healthcare system ofRhode Island."
Both parties have agreed that the specific terms of the new contract will
not be disclosed.
Contact:
Christopher J. Medici
Blue Cross & Blue Shield of Rhode Island
(401) 459-5283
Chris.Medici@bcbsri.org
May Kernan
Care New England
(401) 453-7997
mkernan@carene.org
SOURCE Blue Cross & Blue Shield ofRhode Island
Copyright © 2009, PRNewswire
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Copyright © 2009, NewsBlaze,
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