After months of tense negotiations, Blue Cross Blue Shield of Michigan has reached a new long-term contract with Michigan Medicine.
The deal will allow the Ann Arbor medical center and its affiliated physicians, clinics and facilities to keep their in-network status for BCBSM members.
Michigan Medicine and University of Michigan Health announced in March that despite months of negotiations, BCBSM proposed an unacceptable 30% reduction in reimbursement for the world-class care at Michigan Medicine,” referring to the offer as “unsustainable.”…