Blue Cross shifts deal on centers MedPartners' negotiations shut out local company

The Boston Globe | September 10, 1997| | Copyright

In a surprise switch, Blue Cross and Blue Shield of Massachusetts yesterday decided to negotiate the sale of its nine health centers exclusively with MedPartners Inc. of Birmingham, Ala., shutting out a local Waltham bidder.

"We have entered into a period of exclusive negotiation with MedPartners on the sale of our health centers," the insurer said.

Last month, Blue Cross reached the same pact to deal exclusively with Physician Quality Care Inc. of Waltham. But that pact expired last month without a final sale, according to Blue Cross. Peter Meade, a Blue Cross spokesman, declined to say why ...

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