Blue Shield has released an update on their contract negotiations with the University of California. The good news is that both parties have agreed to extend their contract through July 31, 2012 for the UC San Francisco, UC San Diego and UC Irvine Medical Centers.
Seeing a contract extension is a positive sign that both parties are moving in the right direction to a new agreement. We are waiting on final word from the negotiations, which barring another extension, should be released in the coming weeks.
View the official Blue Shield response here.