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AtlantiCare Joins Aetna Network

Stocks in this article: AET

Aetna (NYSE: AET) and AtlantiCare today announced that the hospital system and other AtlantiCare-related services will join Aetna’s southern New Jersey network.

“Aetna values its large membership in southern New Jersey. We are delighted to offer our members in-network rates at AtlantiCare’s medical centers and other AtlantiCare-related services provided outside of the medical centers,” said Michael S. Costa, Aetna’s New Jersey Network head. “This is an important first step toward a strong relationship between Aetna and AtlantiCare, characterized by innovation, quality care, and affordability for our members.”

AtlantiCare Regional Medical Center has two hospital locations -- Atlantic City and Pomona, NJ. Both will now participate in the Aetna network. This means that Aetna members can access care at these facilities at their preferred, in-network benefit levels. Aetna also plans to expand its network of primary care physicians and specialists as a result of this new agreement during the first quarter of 2013.

”We have enhanced our ability to bring affordable, accessible quality healthcare to members of our community who are insured by Aetna. We are excited to offer all of our quality services to the people we serve in the greater regional service area through the Aetna network,” said Lori Herndon, senior vice president, AtlantiCare.

Aetna provides health benefits to 370,000 people in southern New Jersey through a broad array of commercial and Medicare plans. In southern New Jersey, Aetna members have access to a contracted network of 22 hospitals and more than 5,700 primary care and specialist physicians.

About AtlantiCare

AtlantiCare is an integrated system of services designed to help people achieve optimal health. It includes AtlantiCare Regional Medical Center, AtlantiCare Solutions, the AtlantiCare Foundation, the AtlantiCare Physician Group and AtlantiCare Regional Health Services. Its more than 5,461 employees and 600 physicians serve the community in nearly 70 locations. A 2009 Malcolm Baldrige Award winner, AtlantiCare was also included in Modern Healthcare’s Best Places to Work in Healthcare in 2010. ARMC became the 105th hospital in the nation to attain status as a Magnet™ designated hospital in March of 2004 and was redesignated a Magnet™ hospital in 2008.

About Aetna

Aetna is one of the nation's leading diversified health care benefits companies, serving approximately 37.3 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, Medicaid health care management services and health information technology services. Our customers include employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, governmental units, government-sponsored plans, labor groups and expatriates. For more information, see www.aetna.com.

Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20130114006536/en/

Copyright Business Wire 2010

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