“This will be a $50 million hit to our bottom line,” said Fran Spreer Albert, AMC’s chief operating and financial officer. CDPHP, she explained, makes up about 25 percent of the $1.5 billion in payments that the hospital gets in a year. There are 16,225 claims with CDPHP that have not been fully satisfied so far, the hospital claims.

Albany Medical Center has taken legal action against CDPHP because the hospital says the insurance provider owes them $50 million for care provided to members. The hospital said that since Aug. 8, CDPHP has failed to pay 16,

The hospital says the insurer withheld at least $50 million from Albany Medical Center for care it provided to CDPHP customers. The hospital says it has not received a formal response from CDPHP.

Albany Med Health System has sued Capital District Physicians Health Plan Inc., alleging that the major insurer is wrongfully withholding about $45 million in contractually obligated payments due to the hospital network for care it provided to CDPHP members.

Albany Med Health System has filed legal action against the Capital Region Physicians Health Plan, Inc. (CDPHP) for refusing to give the hospital roughly $27 million for provided care. Hospital officials said the insurance company allegedly defrauded 16,

The Albany Med Health System is suing health insurer CDPHP. The hospital says Capital Region Physicians Health Plan is withholding $27 million in payments for care it provided to CDPHP customers, which could escalate to $50 million by year-end.