After months of negotiations, CHI St. Vincent and UnitedHealthcare announced Friday that they have reached an agreement to continue access for all UnitedHealthcare employer-sponsored and individual health plans to CHI St. Vincent hospitals, physicians and other services.
The new contract includes Medicare health plans, the companies said.
“We are pleased to be able to provide uninterrupted health care services to the patients we serve throughout Arkansas,” said Chad Aduddell, CEO of CHI St. Vincent. “As we work towards developing new models of care focused on higher quality and lower costs, it is important we receive fair and reasonable payments to continue our ministry. We believe our continued relationship with UnitedHealthcare allows the two of us to work together to better serve the needs of our patients.”
“We are grateful for the commitment CHI St. Vincent has made to value-based health care and look forward to working together to help people receive personalized and more connected care,” said Greg Reidy, CEO of UnitedHealthcare of Arkansas.
Last month, CHI St. Vincent said talks with the insurer had broken down and that its contract, which had already been extended twice, would end on April 1. According to CHI St. Vincent, the contract served more than 30,000 UHC members and included CHI St. Vincent hospitals in Hot Springs, Little Rock, Morrilton and Sherwood.
At the time, Aduddell said he was “disappointed that United has been unwilling to agree to fair and reasonable rates for our services to date.” Angela Richmond, director of regional communications for UHC, told Arkansas Business that the health care system was seeking “rate increases that are not in line with the rest of the community.”
Details of the final contract were not disclosed.
United Healthcare, of Minnetonka, Minnesota, has more than 326,000 members in Arkansas, which includes commercial businesses and Medicare beneficiaries.