Aetna Signs Agreement with VCU Health System.RICHMOND, Va. -- Aetna (NYSE NYSE See: New York Stock Exchange : AET AET Aetna, Inc. AET After Extra Time AET Actual Evapotranspiration AET Alliance for Environmental Technology AET Alpha-Ethyltryptamine AET Applied Extrusion Technologies, Inc. ) announced today that it has signed a five-year contract that extends the company's relationship with the hospitals, clinics and physicians of the Virginia Commonwealth University Formed by a merger between the Richmond Professional Institute and the Medical College of Virginia in 1968, VCU has a medical school that is home to the nation's oldest organ transplant program. Health System. "Aetna greatly values its relationship with the VCU VCU Virginia Commonwealth University VCU Voiding Cystourethrogram VCU Video Control Unit VCU Vice City Unleashed (video game) VCU Value Compare Unit (Cisco) VCU Versatile Computer Unit Health System," said Aetna's Bill Stout, head of network operations for Virginia. "The system's MCV MCV mean corpuscular volume. MCV abbr. mean corpuscular volume Mean corpuscular volume (MCV) A measure of the average volume of a red blood cell. hospitals and doctors are important components of our Richmond-area network, and we're very glad that our relationship will be continuing." Under the contract, which takes effect May 1, Aetna members in the Richmond area may continue receiving covered in-patient and out-patient services, at in-network rates, from the MCV hospitals and outpatient clinics. The arrangement also extends Aetna's contract with the hospitals' affiliated physicians. "We are very pleased to have a new agreement that extends our partnership and gives all Aetna customers continued access to our academic medical center," said Dr. Sheldon Retchin, chief executive officer of the VCU University Health System. The VCU Health System includes the Richmond area's only academic medical center, recording more than 30,000 admissions and 500,000 outpatient visits a year at its MCV hospitals and clinics. Medical services are provided by MCV Physicians, a 600-physician and faculty group practice. The VCU Health System offers state-of-the-art care in more than 200 specialty areas, many of national and international note, including organ transplantation The transfer of organs such as the kidneys, heart, or liver from one body to another. The transplantation of human organs has become a common medical procedure. Typical organs transplanted are the kidneys, heart, liver, pancreas, cornea, skin, bones, and lungs. , head and spinal cord spinal cord, the part of the nervous system occupying the hollow interior (vertebral canal) of the series of vertebrae that form the spinal column, technically known as the vertebral column. trauma, cardiac care and cancer treatment. Aetna provides health benefits to approximately 425,000 members in Virginia. The company's Richmond-area members have access to a contracted network of 17 hospitals, 882 primary care physicians and 2,054 specialists As one of the nation's leading providers of health care, dental, pharmacy, group life, disability and long-term care long-term care (LTC), n the provision of medical, social, and personal care services on a recurring or continuing basis to persons with chronic physical or mental disorders. benefits, Aetna puts information and helpful resources to work for its approximately 13.7 million medical members, 11.9 million dental members, 8.4 million pharmacy members and 13.5 million group insurance members to help them make better informed decisions about their health care and protect their finances against health-related risks. Aetna provides easy access to cost-effective health care through a nationwide network of more than 655,000 health care professionals, including over 390,000 primary care and specialist doctors and 3,937 hospitals. For more information, please visit www.aetna.com. (Figures as of December 31, 2004) |
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