Leading health maintenance organisation near bankruptcyBMJ 2000; 320 doi: https://doi.org/10.1136/bmj.320.7228.135 (Published 15 January 2000) Cite this as: BMJ 2000;320:135
- Fred Charatan
Harvard Pilgrim Health Care (HPHC), the largest and fastest growing health maintenance organisation in New England, has been placed by court order into temporary receivership. Linda Ruthardt, insurance commissioner for Massachusetts, last week assumed management of the $2.8bn (£1.75bn) a year health plan.
The action, one step away from bankruptcy, is for the purpose of conservation and rehabilitation of HPHC, which is ranked one of the top 10 health maintenance organisations …