Becker's Healthcare April 11, 2024
Blue Cross & Blue Shield of Rhode Island reported a $26 million operating loss in 2023, which it said reflected a “substantial surge in medical and pharmacy claims.”
BCBS Rhode Island reported a net gain of $602,000 (0.1% margin) for the year ended Dec. 31, which was attributed to administrative cost reductions and a positive performance for its investment portfolio, according to an April 10 news release.
Monthly payments to providers rose by $16 million in...
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