Phoenix Children’s, one of the nation’s largest pediatric health systems turned down an $80 million offer from one of Arizona’s largest health insurers in a heated contract dispute.
Blue Cross and Blue Shield Arizona, or AZ Blue, had been negotiating with Phoenix Children’s since January on a contract to provide health insurance coverage to patients at the pediatric health system across Arizona by an Oct. 30 deadline.
The contract expired and a new agreement is unlikely, according to a statement sent to the Business Journal on Oct. 31 from Phoenix Children’s, which said the health system rejected the insurer’s offer…