Mountain View, CA - April 2, 2008 - El Camino Hospital and Blue Shield of California announce that they have reached agreement on terms for the health maintenance organization (HMO) and preferred provider organization (PPO) contract held by the two parties. The contract is retroactively effective to March 1, 2008, and will remain in effect until December 31, 2010.
"We are pleased with the outcome of these negotiations and especially pleased that Blue Shield members in our community will continue to have access to the care and the providers they have chosen at El Camino Hospital," says Kenneth Graham, chief executive officer of the hospital.
"Blue Shield of California is glad that our members in Silicon Valley will be able to continue getting care at El Camino Hospital," said David Joyner, senior vice president, network services for the not-for-profit health plan.
The agreement comes after several months of contract renewal negotiations. Contract talks had reached an impasse early in the year, but both parties continued to negotiate, with the expectation that agreement could be reached.
About Blue Shield
Blue Shield of California, an independent member of the Blue Shield Association, is a not-for-profit health plan dedicated to providing Californians with access to high quality care at a reasonable price. Founded in 1939, it now has 3.2 million members, 4,500 employees, one of the largest provider networks and more than 20 office locations, providing a wide range of commercial and government products throughout the state. The company has contributed $100 million over the past three years to the Blue Shield of California Foundation to fund nonprofit organizations that improve access to quality health care in California. Contact your local agent or broker for more information about Blue Shield products and services, or visit the Blue Shield web site at www.blueshieldca.com.
Blue Shield of California, an independent member of the Blue Shield Association, is a not-for-profit health plan dedicated to providing Californians with access to high quality care at a reasonable price. Founded in 1939, it now has 3.2 million members, 4,500 employees, one of the largest provider networks and more than 20 office locations, providing a wide range of commercial and government products throughout the state. The company has contributed $100 million over the past three years to the Blue Shield of California Foundation to fund nonprofit organizations that improve access to quality health care in California. Contact your local agent or broker for more information about Blue Shield products and services, or visit the Blue Shield web site at www.blueshieldca.com.
For more information contact:
Judy Twitchell
Communications Manager, El Camino Hospital
650-988-7767
Communications Manager, El Camino Hospital
650-988-7767
-or
David Seldin for Blue Shield of California
415-229-5366
415-229-5366
