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  2. One-Year Results Show Blue Shield of California Helped Hundreds of Healthcare Providers Successfully Navigate COVID-19's Economic Challenges with $200 Million Direct Support Program

    PR Newswire
    One-Year Results Show Blue Shield of California Helped Hundreds of Healthcare Providers Successfully Navigate COVID-19's Economic Challenges with $200 Million Direct Support Program

    OAKLAND, Calif. Blue Shield of California today announced that it has provided more than $114 million in direct financial support to 244 healthcare providers during the COVID-19 pandemic. The funds are part of a $200 million Provider Financial Support Program that Blue Shield announced last April.

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    1. The program has been successful in accomplishing what we intended.
    2. We were able to do so much, in so many ways with the support we received from Blue Shield.
    3. The financial support we received from Blue Shield was immensely helpful.
    4. Blue Shield's program came at a time when the future was vastly uncertain and operational and financial projections had broad ranges from best case to worse-case results.

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