Aetna and Abington Medical Specialists Cardiology Group Sign Five-Year Agreement

ABINGTON, Pa.--(BUSINESS WIRE)-- Aetna (NYSE: AET) and Abington Medical Specialists/AMS Cardiology announced that they have reached agreement on a new five-year contract that will take effect March 15, 2016.

Under the contract, members of Aetna commercial and Medicare Advantage plans will be able to receive covered benefits, at in-network rates from the 17 cardiologists who comprise AMS Cardiology. The practice is affiliated with Abington Memorial Hospital.

“Aetna is very pleased to have secured a long-term agreement with the AMS Cardiology group,” said Laurie Brubaker, president of Aetna’s operations in Pennsylvania, Delaware and West Virginia. “Network stability is very important to our members, especially in critical specialties such as cardiology. We look forward to continuing our strong relationship with these physicians.”

"We feel confident this agreement will help us continue to provide top-quality care for our patients," said Dr. Adam M. Cohen, president of AMS Cardiology. “It is essential, now more than ever, for health care providers and insurers to work together in the mission of delivering outstanding and affordable care for the people in our community. Extending the relationship between Aetna and AMS Cardiology is a positive step toward achieving that goal."

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 AMS Cardiology
Abington Medical Specialists - AMS Cardiology - is a large, comprehensive cardiovascular practice committed to preventing and treating all aspects of cardiovascular disease. Its physicians, nurse practitioners and physician assistants, along with dozens of nurses, technologists and support staff, are dedicated to delivering compassionate and state of the art cardiovascular care to tens of thousands in the Philadelphia region. Among the most well respected groups in the area, AMS Cardiology physicians have garnered numerous awards for providing top-quality care to patients as well as educating medical students, residents and fellows. AMS Cardiology takes seriously its mission to serve as a leader in the field of cardiovascular medicine, while treating all patients with the respect, empathy and professionalism they deserve. Please visit amscardiology.com for office locations and more information.

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

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Aetna

Media Contact:

Walt Cherniak, 410-401-9490

cherniakjrw@aetna.com

Source: Aetna Inc.