Local News

WakeMed, Blue Cross Ink Multiyear Deal

Posted March 21, 2007
Updated March 22, 2007

— Three weeks after ending a service agreement with UnitedHealthcare, WakMed announced Wednesday that it has signed a multiyear agreement to remain in the provider network for Blue Cross Blue Shield of North Carolina.

Last year, WakeMed cared for more than 52,000 Blue Cross members, and hospital system officials said they expect to see nearly 63,000 this year.

“This agreement allows us to continue to offer our members the widest possible choice of hospitals in the Triangle, while keeping rates as competitive as possible,” Blue Cross President and Chief Executive Bob Greczyn said in a statement. “It’s important to us that our members have access to the medical expertise WakeMed provides."

At the end of February, competing insurer UnitedHealthcare terminated its contract with WakeMed over a reimbursement dispute. UnitedHealthcare officials said they were charged more for services at WakeMed than other insurers.


Please with your WRAL.com account to comment on this story. You also will need a Facebook account to comment.

Oldest First
View all
  • WXYZ Mar 27, 2007

    Dear "Cleanup on Aisle Cool",

    You listed: Parmaceutical industry, medical device industry, wheelchair/scooter industry, dentistry, optometrics, etc.

    I consider it ethical, fair and reasonable for those licensed health care professionals and equipment vendors who directly administer the needed treatment or directly sell needed medical equipment to patients, to seek and receive due compensation for their services. The following should not be allowed to "go public" and sell stock: Health insurance company, hospital, diagnostic center, health care franchise, treatment center, nursing home, rehab center, dental, or any group of licensed health care professionals. Neither should hospital or insurance company executives receive compensation which is higher than that of the highest paid physician in their area. We need to work toward turning the current "American Health Care INDUSTRY" back into a highly moral and ethical SYSTEM, which is largely nonprofit.

  • Cleanup on Aisle Cool Mar 26, 2007

    nc609 -at- juno -dot- com said:
    "It is not ethical to make a profit based on the treatment of pain, suffering, disability, injury etc of human beings."

    See also: Parmaceutical industry, medical device industry, wheelchair/scooter industry, dentistry, optometrics, etc etc.

    Pain pays. And quite well, too.

  • jeneric43 Mar 26, 2007

    check out www.wakemed.org and it will give you WakeMed's complete history.

  • jeneric43 Mar 26, 2007

    Sam, check your facts, WakeMed is a private, not for profit hospital.

  • mom2threecld Mar 23, 2007

    uh, sam, wake med went private about 6 years ago...

  • Heelzrule Mar 22, 2007

    Sam - at - daugtry - actually, Wake Med IS a Private,not-for-profit hospital. It is not owned by the county as it used to be. You may know this - but others still think its owned by wake county. I worked for wake med before going to work for the county - and this transition was several years back. regardless - i just hope wake med and UHC can agree soon. take care.

  • WXYZ Mar 22, 2007

    Folks, this is not good news. BCBS of NC is SUPPOSED to be a NONPROFIT health insurance company. Check how much BCBS President and CEO Bob Greczyn has gotten paid over the past few years and how much PROFIT BCBS has made. Greczyn is using many of the same tactics as the infamous HMO (like UHC, AETNA & CIGNA) use to leverage health care providers. Do not be fooled, health insurance companies are at odds with health care providers over money. We need as many NONPROFIT hospitals and health insurance companies as we can get. This will lower insurance costs, enable everyone to get health insurance and get the treatment they need, when, where and with whom they choose. It is not ethical to make a profit based on the treatment of pain, suffering, disability, injury etc of human beings.

  • ang_er_rn Mar 22, 2007

    Wake Med is working with UHC members to help continue their care at Wake Med. Check the website at www.wakemed.org. There are a couple of links to assist you. They also have a care line to help answer any questions, don't know the number off the top of my head. Good Luck

  • piratepeople Mar 22, 2007

    Since I have no other choice for insurance besides United, I am having to change physicians as of June 1,2007. My current doctor only admits to Wake Med and since UHC and Wake Med aren't "playing nice", I have to establish care with a new doctor after several years. Too bad no one is advocating for the consumer!

  • dsdaughtry Mar 22, 2007

    I used to have United Healthcare as a customer at my job. They would throw millions of dollars around for services like water. However when it came to extending healthcare as a benefit to our employees there as no value add in changing our current carrier. I am confident that if the media digs deeper they will find that the payments WakeMed (which is not a private hospital) pay to UHC that it is truely in line. I just think UHC matrix for this area is very outdated and inaccurate. I think that we should treat UHC just like we did Kaiser back in the 90's and kick them out of the state.