University of Virginia Library

BLUE CROSS CONTRACT

The President presented to the Board a contract for the University of Virginia Hospital
covering services to Blue Cross patients for two years beginning January 1, 1950. After discussion,
the following resolution was adopted.

BE IT RESOLVED by The Rector and Visitors of the University of Virginia that the President
be authorized to sign an agreement with Virginia Hospital Service Association effective January 1950,
with the following statement appended.

During the fiscal year 1949-50 the University Hospital lost more than $19,000 on the Blue
Cross contract. This Board does not feel that the University should countenance a loss of this magnitude;
and should such losses continue, the Board feels that the University will have to withdraw
from the Blue Cross plan.