Aetna Completes Acquisition of Medicity

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Aetna Completes Acquisition of Medicity

_{//health-fitness.news-articles.net/content/2011/01/03/aetna-completes-acquisition-of-medicity.html}
^{Published in Health and Fitness on Monday, January 3rd 2011 at 7:05 GMT by Market Wire}

HARTFORD, Conn.--([ BUSINESS WIRE ])--Aetna (NYSE: AET) today announced that it has completed its acquisition of Medicity Inc., a health information exchange technology company, headquartered in Salt Lake City, Utah. A leading innovator in provider solutions, Medicity offers a broad range of products and services that enable health systems, hospitals, physician practices and health information exchanges to securely access and exchange health care information, improving the quality and efficiency of patient care and reducing unnecessary health care costs.

The transaction was announced on December 7, 2010. Medicity willoperate as a separate businesswithin Aetna, underitsexisting leadershipstructure.

About Aetna

Aetna is one of the nationa�s leading diversified health care benefits companies, serving approximately 35.4 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 ].

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