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In 1982, Blue Shield merged with The Blue Cross Association to form the Blue Cross and Blue Shield Association (BCBS). [11] Prior to 1986, organizations administering BCBS were tax exempt under 501(c)(4) as social welfare plans. The Tax Reform Act of 1986 revoked the exemption, however, because the plans sold commercial-type insurance.
The Blue Cross Blue Shield Tower (BCBS) is on the north end of Millennium Park along E. Randolph Street at the NE corner of Randolph and Columbus Drive, in Chicago, Illinois, United States. It is home to the headquarters of Health Care Service Corporation .
The company was founded in 1936 and is based in Chicago, Illinois with a network of offices in the United States. Health Care Service Corporation is the licensee of the Blue Cross and Blue Shield Association for five states. It concentrates its operations in Illinois, Montana, New Mexico, Oklahoma, and Texas.
The Illinois Department of Healthcare and Family Services (HFS), formerly the Department of Public Aid, [1] is the code department [2] [3] of the Illinois state government that is responsible for providing healthcare coverage for adults and children who qualify for Medicaid, and for providing child support services to help ensure that Illinois children receive financial support from both parents.
The Blue Cross-Blue Shield Building. The Blue Cross-Blue Shield Building is an office building in Chicago, Illinois. The building is located at 55 W Wacker Drive in the Loop in Downtown Chicago. It was designed in a Brutalist style by C.F. Murphy Associates. The building opened in 1968 as the headquarters for BlueCross BlueShield of Illinois. [1]
When Bea became CEO, Mercyhealth could only claim $33 million in annual revenue, had only 589 total employees in a single hospital location, and only saw an estimated 89,000 patients yearly. As of 2020, Mercyhealth sees an average of 1.2 million patients every year, employs over 6,750 people across 85 locations, and can claim $1.3 billion in ...
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Utilization management is "a set of techniques used by or on behalf of purchasers of health care benefits to manage health care costs by influencing patient care decision-making through case-by-case assessments of the appropriateness of care prior to its provision," as defined by the Institute of Medicine [1] Committee on Utilization Management by Third Parties (1989; IOM is now the National ...