Aetna

Aetna to Enable Faster Payments Between Members and Health Care Providers

Published in Hospital Business Week, June 3rd, 2007

Aetna (NYSE:AET) is building on its transparency initiatives and existing payment solutions with new programs to facilitate members' payments for out-of-pocket costs to health care providers. The company is working with Medical Funding Services (MFS) to introduce expanded electronic options to simplify billing and reimbursement.

MFS will offer its financial services and related electronic payment solutions to network health care providers in select markets. These include an online solution that combines the health plan and patient portions of a medical bill into a single payment to health care providers. Members may see reduced paperwork; health care providers also can...

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Source: Hospital Business Week (2007-06-03)

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