Anthem Blue Cross and Blue Shield and Mount Sinai Reach New Agreement

The multi-year deal keeps Mount Sinai care accessible for Anthem members while helping control healthcare costs.

Apr. 14, 2026 at 3:50am

Got story updates? Submit your updates here. ›

An extreme close-up X-ray photograph revealing the intricate internal structure of a stethoscope, conceptually representing the complex negotiations between healthcare providers and insurers.A new agreement between Anthem and Mount Sinai aims to maintain member access to care while controlling rising healthcare costs.NYC Today

Anthem Blue Cross and Blue Shield in New York announced a new three-year agreement with Mount Sinai Health System that returns its hospitals, physicians, and other care providers to Anthem's network. The agreement aims to protect member access to care while keeping costs low for families, employers, and taxpayers who pay for healthcare.

Why it matters

This new contract between two major healthcare organizations in New York is significant as it ensures continued in-network access to Mount Sinai's services for Anthem members, while also implementing new cost control measures to help address the rising costs of healthcare for consumers and employers.

The details

The agreement updates reimbursement models to reward quality and outcomes, while maintaining safeguards to support accurate billing and payment. It includes responsible price increases to make cost trends more predictable over time, as well as new value-based care models that connect payment to health outcomes improvement.

  • The new three-year agreement was announced on April 14, 2026.

The players

Anthem Blue Cross and Blue Shield in New York

A major health insurance provider in New York.

Mount Sinai Health System

A large healthcare system in New York that includes hospitals, physicians, and other care providers.

Victor DeStefano

The Commercial President of Anthem Blue Cross and Blue Shield in New York.

Got photos? Submit your photos here. ›

What they’re saying

“We were able to work with Mount Sinai to protect our members' access to care while keeping costs as low as possible for the families, employers, and taxpayers who pay for healthcare.”

— Victor DeStefano, Commercial President of Anthem Blue Cross and Blue Shield in New York

The takeaway

This new agreement between Anthem and Mount Sinai demonstrates the ongoing efforts by healthcare providers and insurers to balance member access to care with the need to control rising costs for consumers and employers. The focus on value-based care models and responsible price increases suggests a collaborative approach to addressing these complex challenges.