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Stanford Hospital, Blue Shield cut a 3-year deal on rates
The Mercury News

Stanford Hospital & Clinics and Blue Shield of California agreed to a three-year contract Thursday. The two sides cut the deal on health maintenance organization (HMO) and preferred provider organization (PPO) rates before a 12:01 a.m. Friday deadline, according to Stanford University. “Negotiations of this nature frequently go down to the wire,” Blue Shield spokeswoman Lindy Wagner said in an email Friday.