Blue Cross Blue Shield of Arkansas patients, break your legs now because on Sept. 1, the Medical Center of South Arkansas will no longer accept BCBS-insured patients.
Kyle Swift, MSCA chief executive officer, confirmed in an email this morning that the insurer’s contract will be terminated at the beginning of September following a disagreement in reimbursement rates.
Should BCBS be unwilling to re-negotiate before Sept. 1, larger businesses will have the option of operating on direct contracts with the hospital and smaller businesses will be transitioned over time to more favorable payer partners, according to Swift’s email.
“This decision has not come easily or without thorough evaluation,” Swift wrote. “We are well aware of the disruption this may cause in the short-term for both the provider and patient communities; however, we are confident that long-term stability in this market will be compromised significantly, if we do not take this step.”