New Name Reflects Company’s Evolution to a Broader Specialty Benefit Management Platform
CHICAGO--(BUSINESS WIRE)-- American Imaging Management (AIM), a leading specialty benefit management company serving 42 health plans and more than 32 million members, has changed its name to AIM Specialty Health. The move reflects AIM’s evolution to a specialty benefit management company delivering a growing portfolio of clinical solutions including radiology, cardiology, specialty drugs, oncology and sleep medicine.
“As an industry leader, AIM has been partnering with health care payers to drive the appropriate use and cost effectiveness of diagnostic imaging procedures for over two decades,” said Brandon Cady, president and CEO of AIM. “Our proven track record of delivering value to our clients through an imaging-focused program led us to expand into other clinical areas where we could leverage existing capabilities and expertise to promote evidence-based, high-quality and affordable care.”
Building on its market-leading specialty benefit management platform, AIM’s expansion into cardiology, specialty drugs and oncology over the past few years has enabled health plan clients to maximize the value of their benefits management programs through consolidation into a single provider-focused platform. As a result, AIM’s enhanced solution portfolio has enjoyed tremendous membership growth in recent years in the following specialties:
- cardiology: 14 million members
- specialty drugs: 11 million members
- oncology (medical and radiation therapy): 11 million members
AIM also recently launched its sleep medicine program designed to improve the clinical appropriateness and cost effectiveness of sleep diagnostic testing and ongoing therapy services for Obstructive Sleep Apnea (OSA). Over 13 health plans covering more than 12 million lives have committed to adopting AIM’s sleep medicine program over the next 12 months.
In addition to growing its portfolio of clinical management programs, AIM has also expanded into direct consumer engagement services via its Specialty CareShoppersm program. The service already covers 3.5 million members across 10 states and will expand to eight million lives by the end of 2012. AIM’s Specialty CareShopper is a proactive outreach program that engages members in selecting high-value providers by offering information on high-quality, low-cost provider options available within the member’s local community, specific to the service ordered by the member’s physician. National employers are using this program to support employees with provider selections within “reference pricing” benefit designs and other innovative incentive programs. AIM not only provides pricing information specific to the health care service and available providers, but also presents the scoring to indicate provider capabilities.
The demand for AIM’s programs from Fortune 500 employers and their benefit consultants has grown dramatically. AIM currently covers more than four million self-insured national employer lives and has a sales pipeline of over two million members for the 2013 benefit year.
"Today, more than ever, the appropriate use of health care services is essential to promoting high-quality care for patients and maximizing the value for every health care dollar spent within our system,” Cady said. “This is the case not only in imaging, but also across the entire spectrum of specialty care services. Through AIM’s expanding platform, we will continue to deliver increased value to our health plan clients and their customers by helping them select the right care, at the right place and at the right price.”
About AIM Specialty Health
AIM Specialty Health or “AIM” is a leading specialty benefit management company with more than 20 years of experience and a growing presence in the management of radiology, cardiology, oncology, sleep medicine, and specialty pharmacy benefits. AIM's mission is to make health care services more clinically appropriate, safer and more affordable. As such, it promotes the most appropriate use of specialty care services through the application of widely accepted clinical guidelines delivered via an innovative platform of technologies and services. AIM is an operating subsidiary of WellPoint, Inc. (NYSE: WLP) (www.wellpoint.com). For more information on AIM, please visit www.aimspecialtyhealth.com.
AIM Specialty Health
Brandon Davis, 804-366-3007
KEYWORDS: United States North America Illinois
INDUSTRY KEYWORDS: Practice Management Health Cardiology Hospitals Oncology Pharmaceutical Radiology Other Health Professional Services Insurance General Health Managed Care