Aetna and Roxborough Memorial Hospital Agree to Three-Year Contract

Aetna (NYSE: AET) and Roxborough Memorial Hospital announced that they have reached agreement on a new three-year contract that took effect Feb. 1. The agreement returns Roxborough Memorial Hospital to Aetna’s network of contracted hospitals for the first time since 2012.

Under the contract, members of Aetna commercial and Medicare Advantage plans will be able to receive covered benefits, at in-network rates from Roxborough Memorial Hospital and its physicians.

“This is good news for Aetna members in the Philadelphia area,” said Laurie Brubaker, president of Aetna’s operations in Pennsylvania, West Virginia and Delaware. “We strive to offer our members broad access to quality facilities and physicians, and we’re glad Roxborough Memorial will be part of that effort.”

“We’re very happy to once again become an Aetna in-network provider,” said Peter Adamo, chief executive officer at Roxborough Memorial Hospital. “Aetna members in the Roxborough area can now conveniently and affordably have their care provided at the hospital closest to home.”

Aetna provides health benefits to more than 1.6 million people in Pennsylvania. Those members have access to a broad network of 238 hospitals and more than 80,000 contracted physicians.

About Roxborough Memorial Hospital
Roxborough Memorial Hospital is a 137-bed community hospital. The hospital has been serving the medical and health care needs of the Roxborough, Manayunk, East Falls and northwest section of Philadelphia communities for more than a century, having first opened its doors in 1890. Roxborough Memorial Hospital’s School of Nursing has been educating nurses since 1898. The hospital is accredited by the Joint Commission on the Accreditation of Healthcare Organizations, the nation's oldest and largest hospital accreditation agency.

About Aetna
Aetna is one of the nation's leading diversified health care benefits companies, serving an estimated 46.5 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, Medicaid health care management services, workers' compensation administrative services and health information technology products and services. Aetna's customers include employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, governmental units, government-sponsored plans, labor groups and expatriates. For more information, see www.aetna.com and learn about how Aetna is helping to build a healthier world. @AetnaNews

Contacts:

Aetna
Media Contact:
Walt Cherniak, 410-401-9490
cherniakjrw@aetna.com

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