Excellus earns profit in 2024 despite operations costing $163M; check executive compensation – Syracuse.com
Syracuse, NY — The largest private insurance provider in Central New York reported a small profit last year, despite incurring a $163 million loss in daily operations. Annual financial documents submitted to the state indicate that this operating loss represented around 2.5% of Excels Blue Cross Blue Shield’s yearly budget. The company paid out $6.5 […]
Excellus and St. Joseph’s Health reach new deal, bringing to close a contentious contract season – syracuse.com
Syracuse, N.Y. — Central New York's largest health insurer reached an agreement with St. Joseph's Health late on New Year's Eve, ending the region's last major insurance negotiations in a contentious year. Excellus BlueCross BlueShield and St. Joe's announced an agreement Tuesday around 10:30 p.m. to maintain in-network coverage for more than 35,000 patients. “Excellus […]
Excellus and St. Joseph's Health end insurance dispute, multi-year deal reached – CNYcentral.com
Syracuse, New York — Excellus BlueCross BlueShield and St. Joseph's Health have reached a multi-year contractual agreement, effective Wednesday, January 1, 2025, that will keep St. Joseph's Health in the Excellus BCBS provider network. A spokesperson for St. Joseph's Health confirmed the agreement with CNY Central late Tuesday night. The following statement was provided: St. […]
Excellus BlueCross Blue Shield, WellNow reach contract agreement – 13WHAM-TV
After 10 and a half months, WellNow Urgent Care will soon begin accepting Excellus BlueCross BlueShield insurance again. WellNow stopped accepting BlueCross BlueShield on January 1st after the two sides could not reach an agreement on reimbursement rates. Background: WellNow no longer recognizes Excellus BlueCross BlueShield. Local patients feeling the effects of the dispute between […]