Monday, 19 June 2017

Takecare, GMH sign deal to avert crisis

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Last month, GMH sent TakeCare a demand letter for an outstanding balance of $9 million.

Guam - TakeCare insurance may be at odds with the Guam Regional Medical City over past due claims, but it appears they have mended their relationship with the Guam Memorial Hospital.

Last month, the Guam Memorial Hospital had threatened to end its partnership with TakeCare insurance because of an outstanding balance of about $9 million. As that dispute continued, GRMC also publicly announced that because of a $7 million non-payment, it too will be ceasing negotiations and will directly bill TakeCare subscribers for that amount.

This possibility placed thousands of TakeCare subscribers in jeopardy of having no on-island hospital as a provider. However, just last week, TakeCare announced in a press release that they’ve reached an agreement with GMH to pay down the $9 million debt.

You can read TakeCare’s release below:

TakeCare and the Guam Memorial Hospital (GMH) are both integral parts of the Guam community and have for decades worked together to provide healthcare solutions to the people Guam. Since May, TakeCare has been meeting with GMH administrators to discuss payment options and have finally come to an agreement.

 

“We value the services GMH provides to the island and recognize the diligent efforts of GMH and clinical staff at the hospital. Despite issues that arise from time to time, our long standing relationship has proven that we will always come to a resolution,” shares Alicia Iseke,TakeCare Health Plan Finance Administrator.

 

TakeCare would like to thank Peter John Camacho and Edward Birn for their cooperation. In addition, we would like to recognize our partnership with GMH to improve the submission of claims process to resolve any issues that might exist moving forward.

 

TakeCare Member’s access to services at GMH remain unaffected.

 

 

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