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MANCHESTER, Conn., October 18, 2011 — Eastern Connecticut Health Network (ECHN) announced today it has signed a new multi-year network participation agreement with Aetna (NYSE: AET).
Under the new agreement, Aetna’s commercial and Medicare members will be able to continue receiving covered inpatient and outpatient health care services, at in-network rates, from Manchester Memorial Hospital, Rockville General Hospital and ECHN-owned physician practices. “We are pleased to have reached a mutually satisfying agreement with a payor who shares our mission of improving outcomes and the health status of the communities we serve,” says Michael Veillette, ECHN’s Senior Vice President of Finance & Information Services. “It is refreshing to negotiate with a company that understands the financial obligations of health care providers and can agree to reasonable reimbursement rates that keeps quality health care east of the river. It’s a win-win situation for all parties involved. We look forward to a long-term relationship with Aetna and serving its members.” "We are pleased to have reached an agreement with ECHN that enables us to work together to ensure the delivery of quality, affordable care to our members,” said Martha Temple, Aetna’s New England Market president. “We look forward to continuing a constructive working relationship with ECHN for the benefit of their patients who are our members.” About ECHN
ECHN is a not-for-profit health care system serving 19 towns in eastern Connecticut, through its network of affiliates that include Manchester Memorial Hospital, Rockville General Hospital, Woodlake at Tolland Rehabilitation and Nursing Center (a 130-bed nursing home and short-term rehabilitation facility), the ECHN Medical Buildings at 2400 and 2800 Tamarack Avenue, Evergreen Walk in South Windsor (2800 Tamarack Avenue houses the Women’s Center for Wellness and a series of medical practices owned and operated by ECHN; 2400 Tamarack Avenue includes Evergreen Endoscopy, Central Connecticut Gastroenterology, and the Colon Rectal Surgeons of Greater Hartford). It is in partnership with Visiting Nurse & Health Services of Connecticut Inc., Connecticut Occupational Medicine Partners Inc., Ambulance Service of Manchester, Aetna Ambulance, Metro Wheelchair, and Saint Francis Care (which partners with ECHN on the Cardiac Catheterization Laboratory of the Hoffman Heart Institute of Connecticut at Rockville General Hospital), Community CancerCare Inc. (which provides radiation therapy services at the Eastern Connecticut Cancer Institute at The John A. DeQuattro Cancer Center in Manchester), Evergreen Imaging in South Windsor and the Tolland Imaging Center. ECHN is also affiliated with Connecticut Children’s Medical Center. More detailed information about the health system can be found on our Website at www.echn.org. About Aetna
Aetna is one of the nation’s leading diversified health care benefits companies, serving approximately 36.5 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 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.
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