Cleveland Clinic and Aetna, a CVS Health Company (NYSE: CVS), are collaborating to offer new plans that aim to reduce health care costs for participating employers and expand Aetna members’ access to Clinic providers.
Their collaboration includes launching a co-branded insurance plan, an expanded relationship nationwide, the formation of an Accountable Care Organization (ACO) model and the deployment of Cleveland Clinic’s Cardiac Center of Excellence program to Aetna plan sponsors, according to a news release.
“Given the current economic climate, employers are looking for a cost-effective, high quality insurance plan that also provides access for their employees to coordinated care and advanced medical expertise,” said Steven C. Glass, the Clinic’s chief financial officer, in a provided statement. “Cleveland Clinic is committed to improving the health and wellbeing of Aetna members, and we look forward to working together to deliver value-based health care to an expanded patient population.”
In 2017, the