Boston, MA 06/28/2013 (wallstreetpr) – Aetna (NYSE:AET) has announced that they have received an approval from the Center for Medicare & Medicaid Innovation which is one of the centers within the Centers for Medicare & Medicaid Services (CMS), to join the multi-year Comprehensive Primary Care (CPC) initiative in Colorado on October 1, 2013. The aim of the CPC initiative is to improve the quality and cost efficiency of the health care received by millions of Americans. The initiative is specifically focused to improve their primary care access. Earlier this year, Aetna Innovation Center has selected Aetna as a participating health plan company for the markets of America and Ohio. 360 physicians, ten health plans and the state Medicaid agency will be participating in the CPC initiative.
CMS Administrator Marilyn Tavenner rightly pointed and focused on the primary health care practices. He said that the primary care practice is very important for the health care process and the company is looking forward at better ways to put in effort to coordinate care for their patients.
Tom Dameron, the President of Aetna’s Mountain States excitingly remarked that supporting this physician initiative will lead to a better health and care and effective cost per capita. He believes that this approach will help in setting certain standard and economic guidelines which will be agreed upon by the Medicare, Medicaid insurers and the physicians.
Tim Giess, Aetna’s network director in Colorado pleasingly said that the collaborations with the physicians, CMS and other payers will improve the health care practices to all Colorandans. Public and private payers have to pay for the primary care practices and the enhanced primary care practices as opted by them which will meet the benchmark typical to that of “medical homes”.
The stock of the company hiked by 1.00% to close at $63.59 and has recorded the highest price in 52 weeks at $63.82in its previous day’s trading session. The stock of the company has been in bullish zone since the beginning of the year showing an increase of 39.57%.
