PHILADELPHIA--(BUSINESS WIRE)-- Aetna Better HealthSM in Pennsylvania and The Children’s Hospital of Philadelphia announced today that they have reached agreement on a new contract that adds the hospital to the Medicaid provider’s network in Pennsylvania. The new contract is effective immediately.
Aetna Better Health, Aetna’s (NYSE: AET) Medicaid business, was awarded a contract by the Commonwealth of Pennsylvania and began offering a managed care Medicaid program in the Commonwealth on April 1.
“We are pleased to announce this agreement, which enables Children's Hospital to continue its mission of providing the highest-quality health care to children in our region,” said Madeline Bell, chief operating officer at The Children’s Hospital of Philadelphia. “As a participating provider, we are excited to work with Aetna Better Health and offer families access to The Children’s Hospital of Philadelphia and the CHOP Care Network.”
“We strive to provide our members with access to high-quality hospitals and physicians,” said Deborah Nichols, chief executive officer of Aetna Better Health in Pennsylvania. “Children’s Hospital is the nation’s leading pediatric hospital and has a well-deserved reputation for its dedication to the children it serves, exceptional clinical care and cutting-edge pediatric research.”
Aetna has a long-time presence in the Pennsylvania market. Aetna provides and administers health benefits for more than one million commercial members in the state. The company has offered a Children’s Health Insurance Program (CHIP) for 28,000 low-income Pennsylvania children since 1993, four years before the federal government established its CHIP program.
Aetna Better Health will open a new office next month at 2000 Market St., Philadelphia.
Aetna is one of the nation’s leading diversified health care benefits companies, serving approximately 36.1 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, governmental units, government-sponsored plans, labor groups and expatriates. For more information, see www.aetna.com.
About Aetna Better Health
Aetna Better Health is the name used for Aetna Medicaid plans in Connecticut, Pennsylvania and Texas. Aetna currently owns and/or administers Medicaid managed health care plans for approximately 1.1 million members in nine states. In addition, Aetna Medicaid provides comprehensive care management services for more than 277,000 aged and disabled health plan members in eight states, and another 16,000 low income, dually eligible (Medicare and Medicaid) individuals through Medicare Advantage Special Needs Plans (SNPs) in two states. For further information, go to www.aetnabetterhealth.com.
About The Children's Hospital of Philadelphia
The Children's Hospital of Philadelphia was founded in 1855 as the nation's first pediatric hospital. Through its long-standing commitment to providing exceptional patient care, training new generations of pediatric healthcare professionals and pioneering major research initiatives, Children's Hospital has fostered many discoveries that have benefited children worldwide. Its pediatric research program is among the largest in the country, ranking second in National Institutes of Health funding. In addition, its unique family-centered care and public service programs have brought the 460-bed hospital recognition as a leading advocate for children and adolescents. For more information, visit http://www.chop.edu. The Children’s Hospital of Philadelphia Care Network has nearly 50 locations in southeastern Pennsylvania and New Jersey, offering top-ranked primary and specialty care services in convenient community-based locations. Visit www.chop.edu/network for more information about specific services at each location.
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