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Albany Medical Center sues CDPHP for $50M
Albany Medical Center sues CDPHP for $50M over Medicare payment disputes
“This will be a $50 million hit to our bottom line,” said Fran Spreer Albert, AMC’s chief operating and financial officer. CDPHP, she explained, makes up about 25 percent of the $1.5 billion in payments that the hospital gets in a year. There are 16,225 claims with CDPHP that have not been fully satisfied so far, the hospital claims.
Albany Med sues CDPHP over withheld payments
The hospital says the insurer withheld at least $50 million from Albany Medical Center for care it provided to CDPHP customers. The hospital says it has not received a formal response from CDPHP.
Albany Med seeking legal action against CDPHP for breaches
Albany Med Health System has filed legal action against the Capital Region Physicians Health Plan, Inc. (CDPHP) for refusing to give the hospital roughly $27 million for provided care. Hospital officials said the insurance company allegedly defrauded 16,
Albany Med sues health insurer, says it's owed $45M
The lawsuit was filed in state Supreme Court in Albany County on Tuesday. Albany Med said it has also complained to the Department of Financial Services, the state agency that regulates insurers. “Just as Albany Med finds itself in a position to finally stabilize finances,
WTEN Albany on MSN
5h
5 things to know this Wednesday, October 9
The Glenville Bridge was struck twice on Tuesday. Also, Albany Med Health System is seeking legal action against CDPHP. These ...
38m
Alert: Five people are dead after a small plane crashes on Catalina Island off Southern California, sheriff's department says
LOS ANGELES (AP) — Five people are dead after a small plane crashes on Catalina Island off Southern California, sheriff's department says.
Morningstar
23d
CDPHP Announces Excellent Ratings From the National Committee for Quality Assurance (NCQA)
ALBANY, NY / ACCESSWIRE / September 16, 2024 /
CDPHP
is pleased to announce that the locally-based, physician founded health plan has some of the highest-rated commercial health plans in the ...
WNYT NewsChannel 13
1d
Few showers early, cooler today
A departing front will bring a few leftover showers early this morning followed by a mix of sun and clouds for the remainder ...
WJET Erie on MSN
2h
Honda recalls about 1.7 million vehicles over steering issue
Honda is recalling around 1.7 million vehicles in the U.S. over a steering issue that could result in a crash, the National ...
WTEN Albany on MSN
1d
Latham woman accused of stealing over $50k
SCHENECTADY, N.Y. ( NEWS10) — State Police announced the arrest of a Latham woman after she allegedly stole over $50,000 ...
10d
on MSN
Medicare Advantage shopping season arrives with a dose of confusion and some political implications
Thinner benefits and coverage changes await many older Americans shopping for health insurance this fall. That’s if their ...
Spotlight
14d
Colonie Youth Center’s Annual Crossings 5K Challenge and Kids Runs on Sunday
The Crossings 5k to benefit the programs of the Colonie Youth Center on September 24.
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