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Regence & Franciscan hospitals agree on payment rates

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Updated to reflect that Franciscan has declined to share details on the agreement. Regence Blue Shield and Tacoma-based Franciscan Health System have reached an agreement on how much the insurer will pay the hospital system for its services, Regence officials said Tuesday. The contract means hospitals in the Franciscan system will continue to be in-network for the 53,000 people covered by Regence in Pierce, south King and south Kitsap counties. Franciscan and Regence had been battling over reimbursement…

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