Bayonne Medical Center, a for-profit hospital that has ignited controversy and litigation in recent years for refusing to negotiate rates with most insurance companies, announced Friday it "has resolved all outstanding issues with Horizon Blue Cross Blue Shield," the largest health insurer in the state. Bayonne said as of Oct. 1, the hospital will be considered in-network for all services for Horizon subscribers.
The owners of Bayonne have agreed to acquire Hoboken University Medical Center from the city of Bayonne, and the deal is waiting a decision by the state Department of Health.
"This agreement is a result of our ongoing, good-faith negotiations with Horizon, and will allow us to continue providing the highest quality care for our patients," said Daniel Kane, CEO of Bayonne Medical Center, in announcing the deal.
Horizon representatives were not immediately available for comment.
In a statement, Bayonne cited improvements it has implemented across the hospital: completion of a new cardiac and vascular interventional unit, installation of a PET/CT scanner, the use of electronic medical records and a family health center. Bayonne said it has restructured its emergency department, which now has an average patient wait time of less than 30 minutes.
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