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3:56 p.m. • 2-12-12

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WakeMed, Blue Cross Ink Multiyear Deal


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WakeMed Helicopter
WakeMed Helicopter

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.

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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.

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.

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

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

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

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