Aetna Signs New Agreement With St. Vincent's Healthcare
JACKSONVILLE, Fla., November 14, 2007 — Aetna (NYSE: ΑET) announced today it has reached agreement on a two-year contract renewal with St. Vincent’s HealthCare, solidifying a long-term relationship with the North Florida health system.
Under the agreement, which took effect Nov. 1, members of Aetna’s commercial and Medicare HMO plans will be able to receive covered in-patient and out-patient services, at in-network rates, from St. Vincent’s Medical Center and First Coast Primary Care.
"Aetna is pleased that St. Vincent’s will continue to be an important part of our Jacksonville network," said Ruth Fricke, Aetna’s head of network operations for Florida. "This agreement enables us to continue offering our members access to a broad network of high-quality hospitals and physicians."
Aetna provides health benefits to approximately 228,000 members in North Florida. Those members have access to a contracted network of 10 hospitals and more than 2,700 primary-care and specialist physicians.
"By extending our working relationship with Aetna, St. Vincent’s HealthCare continues to provide quality, compassionate care to the residents of our region, both through our hospital setting as well as the physicians of our First Coast Primary Care offices," said CEO Scott Whalen. "This helps us further our mission of service to the community."
St. Vincent’s HealthCare includes St. Vincent’s Medical Center, St. Catherine Laboure’ Manor, First Coast Primary Care, Consolidated Laboratories, Advanced Patient Transportation, Seton Pharmacies and other health care services. In April 2008, St. Luke’s Hospital will join St. Vincent’s HealthCare. St. Vincent’s Medical Center was founded in 1916 by the Daughters of Charity to provide health services to the sick and the poor. St. Vincent’s HealthCare is a member of Ascension Health, the nation’s largest Catholic and non-profit health system.
Aetna is one of the nation’s leading diversified health care benefits companies, serving approximately 36.4 million people with information and resources to help them make better informed decisions about their health care. Aetna offers a broad range of traditional 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, government-sponsored plans and expatriates www.aetna.com
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