Aetna Inc. : Eastern Connecticut Health Network and Aetna Sign Multi-Year Agreement
10/18/2011 | 01:30pm
Eastern Connecticut Health Network (ECHN) announced today it has signed
a new multi-year network participation agreement with Aetna (NYSE: AET).
Under the new agreement, Aetna's commercial and Medicare members will be
able to continue receiving covered inpatient and outpatient health care
services, at in-network rates, from Manchester Memorial Hospital,
Rockville General Hospital and ECHN-owned physician practices.
"We are pleased to have reached a mutually satisfying agreement with a
payor who shares our mission of improving outcomes and the health status
of the communities we serve," says Michael Veillette, ECHN's Senior Vice
President of Finance & Information Services. "It is refreshing to
negotiate with a company that understands the financial obligations of
health care providers and can agree to reasonable reimbursement rates
that keeps quality health care east of the river. It's a win-win
situation for all parties involved. We look forward to a long-term
relationship with Aetna and serving its members."
"We are pleased to have reached an agreement with ECHN that enables us
to work together to ensure the delivery of quality, affordable care to
our members," said Martha Temple, Aetna's New England Market president.
"We look forward to continuing a constructive working relationship with
ECHN for the benefit of their patients who are our members."
About ECHN
ECHN is a not-for-profit health care system serving 19 towns in eastern
Connecticut, through its network of affiliates that include Manchester
Memorial Hospital, Rockville General Hospital, Woodlake at Tolland
Rehabilitation and Nursing Center (a 130-bed nursing home and short-term
rehabilitation facility), the ECHN Medical Buildings at 2400 and 2800
Tamarack Avenue, Evergreen Walk in South Windsor (2800 Tamarack Avenue
houses the Women's Center for Wellness and a series of medical practices
owned and operated by ECHN; 2400 Tamarack Avenue includes Evergreen
Endoscopy, Central Connecticut Gastroenterology, and the Colon Rectal
Surgeons of Greater Hartford). It is in partnership with Visiting Nurse
& Health Services of Connecticut Inc., Connecticut Occupational Medicine
Partners Inc., Ambulance Service of Manchester, Aetna Ambulance, Metro
Wheelchair, and Saint Francis Care (which partners with ECHN on the
Cardiac Catheterization Laboratory of the Hoffman Heart Institute of
Connecticut at Rockville General Hospital), Community CancerCare Inc.
(which provides radiation therapy services at the Eastern Connecticut
Cancer Institute at The John A. DeQuattro Cancer Center in Manchester),
Evergreen Imaging in South Windsor and the Tolland Imaging Center. ECHN
is also affiliated with Connecticut Children's Medical Center. More
detailed information about the health system can be found on our Website
at www.echn.org.
About Aetna
Aetna is one of the nation's leading diversified health care benefits
companies, serving approximately 36.5 million people with information
and resources to help them make better informed decisions about their
health care. Aetna offers a broad range of traditional, voluntary and
consumer-directed health insurance products and related services,
including medical, pharmacy, dental, behavioral health, group life and
disability plans, and medical management capabilities and health care
management services for Medicaid plans. Our customers include employer
groups, individuals, college students, part-time and hourly workers,
health plans, governmental units, government-sponsored plans, labor
groups and expatriates. For more information, see www.aetna.com.
Aetna Media Contact:
Susan Millerick, 860-273-0536
MillerickS@aetna.com
or
ECHN
Media Contact:
Rosemary Martocchio, 860-647-6424
rmartocchio@echn.org
© Business Wire 2011
