Swedish Medical Center to stop accepting United HealthCare insurance
Patient Access Weekly Advisor, August 8, 2007
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Seattle-based Swedish Medical Center will stop accepting insurance from its patients covered by United HealthCare due to an atypically low reimbursement rate, according to an August 7 story in the Seattle Post-Intelligencer.
"United consistently refuses to increase its reimbursement to competitive levels to keep pace with the cost of providing services," according to a hospital memo.
Factors such as payment timeliness and accuracy, payer size, ease of operations, contract simplicity and physician compensation also influenced the decision.
The result could impact thousands of policy holders in the region. Letters of notification were sent to 14,000 families that the hospital knows carry a United HealthCare plan.
To read the Seattle Post-Intelligencer story, click here.
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