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Aetna and Phoenix Childrena?s Hospital Renew Contract

^{Published on 2009-12-22 10:15:13 - Market Wire}
 

PHOENIX--([ BUSINESS WIRE ])--Aetna (NYSE:AET) and Phoenix Children's Hospital announced that they have reached agreement on a new contract. Effective December 1, 2009, Phoenix Children's will continue to be a participating provider in the Aetna network. The details of the new three-year contract were not released.

"Aetna is pleased to announce that Phoenix Children's Hospital will continue to be an important part of our Phoenix network"

"Phoenix Children's Hospital is delighted to once again be a participating provider with Aetna under terms which allow us to maintain our quality standards and provide comprehensive services to the sickest of Arizona's children," said Bob Meyer, President and CEO of Phoenix Children's Hospital.

"Aetna is pleased to announce that Phoenix Children's Hospital will continue to be an important part of our Phoenix network," said Kay Thompson, Aetna's market head for Arizona. "This contract will allow us to continue offering our members access to a broad network of high-quality hospitals and physicians."

About Phoenix Children's Hospital

Phoenix Children's Hospital is Arizona's only licensed children's hospital, providing world-class care in more than 40 pediatric specialties to our state's sickest kids. Though Phoenix Children's is one of the ten largest freestanding children's hospitals in the country, rapid population growth in Arizona means the Hospital must grow as well. Phoenix Children's recently announced a $588 million expansion plan to bring its special brand of family-centered care to even more patients and families. The plan includes a significant upgrade of the Hospital's current campus, an aggressive physician recruitment effort, and new satellite centers in high growth areas of the Valley. For more information, visit the Hospital's Web site at [ www.phoenixchildrens.com ].

About Aetna

Aetna is one of the nation's leading diversified health care benefits companies, serving approximately 36.3 million people with information and resources to help them make better informed decisions about their health care. Aetna offers a broad range of traditional 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 ].