Managed Care Report
Managed Care Report
• Aetna U.S. Healthcare (Blue Bell, PA) and Atlantic Health System have reached an out-of-court settlement to the litigation pending in the Superior Court of New Jersey in Bergen County that Aetna U.S. says will benefit plan members and patients. Both companies have agreed to interim terms that would continue the Morristown Memorial Hospital and Mountainside Hospital contracts through Dec. 31, said Aetna U.S. According to New Jersey regulation, the HMO contracts would continue for an additional 120 days, through the end of April 2001. The contracts governing Atlantic Health Systems’ other two hospitals, also both in New Jersey, which are not subject to the lawsuit, will abide by the same expiration dates, the company said. In other news, Aetna U.S. said it plans to hire a new CEO before the company is split off from its parent company, Aetna Inc. (Hartford, CT), to form a new, separate company. Aetna expects to finish the restructuring by the end of the year.
• Accordant Health Services (Greensboro, NC) has entered into a five-year contract with Anthem Blue Cross and Blue Shield of Colorado (BCBSCO) in which Accordant will provide disease management services for roughly 300 BCBSCO members. The contract calls for coverage of patients with any of Accordant’s 14 diseases, said BCBSCO.
• UnitedHealth Group (Minneapolis, Minnesota) CEO William McGuire received a $3 million bonus in FY99, the company said. United said in a proxy filing with the Securities and Exchange Commission (Washington) that McGuire received the bonus "in recognition of his valuable services to UnitedHealth Group over the past several years." The payment was awarded under the company’s 1999 Leadership Incentive Program, said United.
• Blue Cross and Blue Shield of Michigan’s (BCBSMI; Grand Rapids, MI) BlueSafe program has been expanded to offer savings on 19 health and safety items at all 63 Meijer locations in the state of Michigan. Meijer’s participation in the program means that BCBSMI members and the public can redeem special coupons at all Michigan stores for savings on health and safety products at Meijer stores. BCBSMI also has an arrangement with Wrights & Filippis to provide discounts when members present their BCBSMI or Blue Care Network membership cards at checkout stations, the BCBSMI announcement said. Wright & Filippis’ participation provides BCBSMI members with 20% discounts on all home health care products at all of the company’s store locations in Michigan.
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