Aetna Joins Medical Group as Insurer-Provider Lines Blur
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Aetna Inc., the third-biggest U.S. health plan, will join with the nation’s 10th-largest doctor’s group to sell coverage in Wisconsin, in the latest collaboration to blur the lines between insurers and providers.
Aetna and Milwaukee-based Aurora Health Care will form an “accountable care network” pitched at small- and mid-sized businesses, said Aetna Chief Executive Officer Mark Bertolini. Aurora, with 1,600 doctors serving 1.2 million patients a year, will get a share of the savings, if the group can cut costs. Further financial details weren’t disclosed.