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Envision Healthcare runs emergency rooms. Photo: ERproductions Ltd / Getty Images

UnitedHealthcare "has opted to terminate" its contract with Envision Healthcare and Envision's subsidiaries "no later than January 1, 2019," according to a new court filing. The health insurance giant also is asking the court to force Envision into arbitration to resolve their dispute.

Why you'll hear about this again: Next year, people with UnitedHealthcare coverage would be on the hook for a big chunk of their costs if they get care at an Envision facility or a hospital that uses Envision as a contractor. However, people usually don't know if their care is handled by an outside contractor until well after they get billed.

The details: UnitedHealthcare alleged in its court filing, in response to Envision's initial lawsuit, that Envision had "egregious billing practices" and "engaged in an improper game of hide-the-ball" to pad profits — particularly in emergency rooms that hospitals farmed out to Envision.

  • Envision's original complaint said UnitedHealthcare forced Envision's doctors "to contract with United on unreasonable terms or to be out-of-network." Envision spokesperson Kim Warth reiterated many of the same points from the lawsuit.
  • Regarding the contract termination, Warth said: "We hope to come to an agreement for 2019 and beyond that provides for fair and reasonable reimbursement for the care we provide to patients."
  • Envision has been in the hot seat for months now for its high out-of-network charges that have caught patients off guard.

Go deeper

Top economic regulators stressed by vacancies

Illustration: Annelise Capossela/Axios

The boom times are all around us (from corporate deal sprees to the breakneck rise of cryptocurrency) — and the agencies in charge are stretched thin trying to police it.

Why it matters: Overwhelmed staff and a slew of vacant posts could set back President Biden's big regulatory agenda.

GOP Sen. Chuck Grassley announces run for re-election

Photo: Greg Nash/The Hill/Bloomberg via Getty Images

Sen. Chuck Grassley (R-Iowa), the longest-serving Senate Republican, announced on Friday that he's running for re-election in 2022.

Why it matters: The GOP is looking to regain control of both chambers of Congress in the upcoming midterm elections. Several Republicans had urged the 88-year-old senator to run to avoid another retirement after five incumbent senators said they wouldn't seek re-election.

China deems all cryptocurrency transactions illegal

A person walking past China's central bank in Beijing in August 2007. Photo: Teh Eng Koon/AFP via Getty Images

China's central bank declared on Friday that all cryptocurrencies are illegal, banning crypto-related transactions and cryptocurrency mining, according to Reuters.

Why it matters: China's government is now following through with its goal of cracking down on unofficial virtual currencies, which it has said are a financial, social and national security risk and a contributor to global warming.