Chesapeake Regional and Anthem Blue Cross and Blue Shield Secure Multi-Year Agreement

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Key Highlights

  • Multi-year agreement between Chesapeake Regional and Anthem Blue Cross and Blue Shield.
  • Continued in-network access to Chesapeake Regional facilities for Anthem members.
  • Affordable, high-quality care for Anthem employer-based, Medicaid, Medicare Advantage, and individual health plans.
  • Positive negotiation outcome ensures future stability and expanded services for residents.

Source: Business Wire

Notable Quotes

  • “I’m proud that both organizations worked hard to reach an equitable agreement that will provide Virginians access to quality, affordable healthcare with Chesapeake Regional,” — Monica Schmude, President at Anthem Blue Cross and Blue Shield
  • “Chesapeake Regional Healthcare offers a smart and healthy choice to residents in South Hampton Roads. It is important that Anthem members have access to our present and expanded scope of services,” — Reese Jackson, President and CEO at Chesapeake Regional Healthcare

SoHC's Take

The multi-year agreement between Chesapeake Regional and Anthem Blue Cross and Blue Shield is a significant development for healthcare access in Hampton Roads. This partnership ensures that Anthem members will continue to receive high-quality care without disruptions, which is particularly important given Chesapeake Regional’s expanding services in critical areas like open heart and trauma care. The amicable resolution of these negotiations reflects the commitment of both organizations to prioritize patient care and network stability, setting a positive precedent for future collaborations in the healthcare sector.

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