Wellmont Health System and UnitedHealthcare announced Wednesday they have signed a three-year agreement that will enable Wellmont patients with UnitedHealthcare commercial, Medicare Advantage and Dual Complete plans to have uninterrupted access to Wellmont hospitals, facilities and medical practices.
Both parties said the agreement meets shared goals of providing high-quality care and keeping costs low for residents of Northeast Tennessee and Southwest Virginia.
Both sides had been in a running contract dispute.
The agreement includes competitive reimbursement rates for Wellmont and incentive payments for demonstrating improved health outcomes for UnitedHealthcare members, according to both parties.
“This successful conclusion of contract negotiations is a direct result of our organizations’ commitment to reach an agreement that would best serve the health care needs of the region’s residents,” Wellmont and UnitedHealthcare said in a joint statement.
“UnitedHealthcare and Wellmont are grateful for everyone’s patience as we worked through these complex issues. We have now arrived at a meaningful contract that will provide stability for those we mutually serve and enable us to serve their needs effectively.”
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