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Founded in 1948, [26] Arkansas Blue Cross Blue Shield (ABCBS) [27] is an independent licensee of the Blue Cross Blue Shield Association, and the largest healthcare provider in the state. [28] It donated $1.98 million to The Walton College of Business toward founding its Robert L. Shoptaw Master of Healthcare Business Analytics Program. [ 29 ]
The association does not provide bonuses for vaccinating a set number of child patients. "Every (Blue Cross Blue Shield) company sets its own value-based contracts with local providers," said a ...
In 2002, the hospital suffered losses of $18 million due to reductions in federal and state government payments to providers of medical care. [3] On April 27, 2015, a new $100 million Center for Advanced Care at Advocate Illinois Masonic Medical Center was opened. The 164,000-square-foot, three-story facility was designed by SmithGroup.
Health Care Service Corporation (HCSC), a Mutual Legal Reserve Company, is a member-owned health insurance company in the United States. HCSC was formerly known as Hospital Service Corporation and changed its name to Health Care Service Corporation in 1975. The company was founded in 1936 and is based in Chicago, Illinois with a network of ...
Electronic referral, when a specialist evaluates medical data (such as laboratory tests or photos) to diagnose a patient instead of seeing the patient in person, would often improve health care quality and lower costs. However, "in the private fee-for-service context, the loss of specialist income is a powerful barrier to e-referral, a barrier ...
Some policy analysts say that patient satisfaction does not reflect quality of healthcare. Researchers at RAND Corp and the Department of Veterans Affairs asked 236 elderly patients from two managed care plans in 2005 to rate their care, and then examined care in medical records, as reported in Annals of Internal Medicine. No correlation was found.
In U.S. health insurance, a preferred provider organization (PPO), sometimes referred to as a participating provider organization or preferred provider option, is a managed care organization of medical doctors, hospitals, and other health care providers who have agreed with an insurer or a third-party administrator to provide health care at ...
For instance, Blue Cross Blue Shield of Illinois sells a Blue Dental Plus plan for Illinois residents. It has full coverage of preventive services and up to 50% of oral surgery, up to $2,000 annually.