Aetna and Piedmont Healthcare Sign Three-Year Agreement

ALPHARETTA, Ga.--(BUSINESS WIRE)-- Aetna (NYSE: AET) and Piedmont Healthcare announced that they have reached agreement on a new three-year contract. Under the agreement, Aetna members in the Atlanta area will continue to receive covered benefits, at in-network rates, from the four hospitals within Piedmont Healthcare (Piedmont Hospital, Piedmont Fayette Hospital, Piedmont Mountainside Hospital, and Piedmont Newnan Hospital) and the affiliated outpatient centers and services.

Members also will have access to the more than 700 physicians in the Piedmont Clinic, Piedmont Physicians Group and Piedmont Heart Institute.

“Aetna has long valued its relationship with Piedmont Healthcare, and we’re very happy to have reached an agreement that includes Piedmont’s hospitals and doctors in our network for another three years,” said John Price, president of Aetna’s Georgia market. “Piedmont is a central component of our broad Atlanta provider network, and our members will continue to benefit from their services.”

“We are very pleased that we were able to reach agreement to ensure that our patients who are Aetna members continue to have access to our high-quality health care services through choice of our physicians and hospitals,” said Greg Hurst, executive vice president and chief operating officer for Piedmont Healthcare.

Aetna provides health benefits to more than 500,000 people in Georgia. In the Atlanta area, members have access to a network that includes 165 contracted hospitals and more than 15,000 primary care physicians and specialists.

About Piedmont Healthcare

With a legacy that began in 1905 with Piedmont Sanatorium, Piedmont Healthcare has provided metro Atlanta and north Georgia patient-focused health care for more than 105 years. The not-for-profit organization is the parent company of Piedmont Hospital in Buckhead; Piedmont Fayette Hospital in Fayetteville; Piedmont Mountainside Hospital in Jasper; and Piedmont Newnan Hospital in Newnan. Also in the Piedmont family are the Piedmont Heart Institute in over 30 locations across north Georgia and North Carolina; Piedmont Physicians Group, with more than 100 primary care physicians in over 35 offices and more than 20 specialists in over 15 locations across greater Atlanta; the Piedmont Clinic, a 700-member physician network; and Piedmont Philanthropy, the philanthropic entity for private fund-raising initiatives. For more information about Piedmont Healthcare, visit piedmont.org.

About Aetna

Aetna is one of the nation’s leading diversified health care benefits companies, serving approximately 35.3 million people with information and resources to help them make better informed decisions about their health care. Aetna offers a broad range of traditional 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. To learn more about Aetna's innovative online tools, visit www.aetnatools.com.



CONTACT:

Media Contact:
Aetna
Walt Cherniak, 410-401-9490
[email protected]
or
Media Contact:
Piedmont Healthcare
Diana Lewis, 404-605-3372
[email protected]

KEYWORDS:   United States  North America  Georgia

INDUSTRY KEYWORDS:   Health  Hospitals  Professional Services  Insurance  General Health

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