Published on August 30, 2012 at 1:14 AM
Aetna (NYSE: AET)
and Novant Health announced that they have reached agreement on a
multi-year contract that ensures Novant's continued participation in the
Aetna network. Physicians and facilities affiliated with Novant Health
will continue their participation without interruption.
Under the new agreement, Aetna and Novant have created a new value-based
agreement for Novant's certified Patient Centered Medical Homes (PCMH).
Novant's PCMH-certified practices will receive a care-management fee for
providing a coordinated care approach for their attributed members.
Additional compensation will be tied to meeting certain targets for
improved quality and cost efficiency.
"We're pleased to be working with Aetna to deliver care around a primary
care patient-centered medical home approach. We've seen quality of care,
patient experiences, care coordination and access are much better for
patients with this model and we're excited Aetna patients will continue
to have access to this level of high-quality and cost-efficient care,"
said Bob Seehausen, senior vice president for Novant Health.
"Aetna is delighted to reach an agreement that enables our members to
continue receiving care from Novant facilities and physicians on an
in-network basis," said Margie Maxwell, president of Aetna's North
Carolina, South Carolina and Tennessee markets. "Under the PCMH
approach, we're strengthening our commitment to quality, and rewarding
physicians who deliver it more consistently."