Oxford Health’S Stock Plunges
In October 2003, the Company entered into a brand new 5-12 months efficiency based mostly, disease administration agreement with this vendor for certain of the Company’s members with CHF, coronary artery illness and diabetes. The Company has agreements with varied entities overlaying, among different things, laboratory, radiology, bodily therapy, orthopedic, chiropractic, post-acute care administration, rare disease management, congestive coronary heart failure disease, coronary artery disease and diabetes management providers. These agreements are structured to mitigate the Company’s exposure to medical price trend while continuing to cover medically essential providers. These agreements typically embody provisions meant to maintain or enhance the quality of care delivered to the Company’s members...
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