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Release date- 25072019 - AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of 'a-' of BCBSM, Inc., d/b/a Blue Cross Blue Shield of Minnesota (BCBSM) and its subsidiary, HMO Minnesota d/b/a Blue Plus (Blue Plus).
Physician organizations participating in the PGIP reported information about their affiliated practices, including the practice's physician composition and the PCMH capabilities implemented by the practice, to BCBSM every 6 months.
Share says they were able to quell fears from surgeons, and all of the 70 institutions taking part in the 12 initiatives, by making it clear that the data is owned by the consortium, and that neither BCBSM nor any hospital can see numbers from each individual hospital.
Additional funding was provided by Blue Cross Blue Shield of Michigan (BCBSM) and the Black United Fund of Michigan, Inc.
Officials at Blue Cross Blue Shield of Michigan (BCBSM) estimate that members of the plan will save $9 million in out-of-pocket costs because of the switch; 1.5 million patients are insured by BCBSM, whose customer groups have agreed to the program.
Just six months ago, Blue Cross Blue Shield of Massachusetts (BCBSM) made headlines when it announced it was doubling to $189 million the amount it spends annually on P4P incentives to providers.
Two Michigan physicians groups have filed a lawsuit against Blue Cross Blue Shield of Michigan (BCBSM) alleging that BCBSM is wrongly fixing the lees doctors charge for office visit services that are provided to enrollees in the new preferred provider organization (PPO) health care plans.
Entities surveyed include all health maintenance organizations (HMOs) in the State, Blue Cross and Blue Shield of Minnesota (BCBSM), commercial insurers, community integrated service networks(2) (CISNs) and self-insured plans (on a voluntary basis).
In a 1987 issue of the Harvard Business Review, we discussed how Blue Cross/Blue Shield of Maryland (BCBSM) introduced its smoke-free worksite policy.
In the senior position, Corless succeeds the company's outgoing CEO Elizabeth Haar, who is now BCBSM executive vice president and president of Emerging Markets.
(50) See How Do Drug Tiers Work?, BCBSM.COM, http://www.bcbsm.com/medicare/help/understanding-plans/pharmacy-prescriptiondrugs/tiers.html (last visited Apr 7, 2016).
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