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Analysis

Cleveland Clinic, Aetna Launch Co-branded ACO

By John Commins  
   August 20, 2020

Employers contracting with Aetna Whole Health – Cleveland Clinic could save as much as 10% in healthcare spending by choosing the new ACO's narrow network.

Cleveland Clinic and Aetna have formed a co-branded Accountable Care Organization that they say will reduce healthcare costs for employers in Northeast Ohio by as much as 10%.

"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 Cleveland Clinic CFO Steven C. Glass.

"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," Glass said.

Employers contracting with Aetna Whole Health – Cleveland Clinic ACO could save as much as 10% in healthcare spending by choosing the ACO's narrow network of Cleveland Clinic employed and affiliated providers over an existing Aetna broad network plan.

Employers in the 10-county region of Northeastern Ohio can enroll in Aetna Whole Health – Cleveland Clinic this fall, depending on segment and group size.

The new ACO will also provide CVS Health-owned Aetna commercial plan beneficiaries across the nation access to second opinions by Cleveland Clinic for some conditions and makes available Cleveland Clinic's Cardiac Center of Excellence program to Aetna plan sponsors. members.

Aetna care managers will work with beneficiaries to design personalized care plans.

Aetna's Angie Meoli, senior vice president, network strategy and provider experience, said the affiliation with Cleveland Clinic is "part of CVS Health's goal of becoming the most consumer-centric health company."

"We are facilitating access to high-quality health care where and when consumers need it," Meoli said. "Cleveland Clinic is renowned for delivering exceptional health care, and our new collaboration will enable our members to receive the personalized and coordinated care they need to get and stay healthy."

“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.”

John Commins is a content specialist and online news editor for HealthLeaders, a Simplify Compliance brand.


KEY TAKEAWAYS

Employers in the 10-county region of Northeastern Ohio can enroll in Aetna Whole Health – Cleveland Clinic this fall.

The new ACO will also provide Aetna commercial plan beneficiaries across the nation access to second opinions by Cleveland Clinic specialists.

The ACO also makes available Cleveland Clinic's Cardiac Center of Excellence program to Aetna plan sponsors. members.

Aetna care managers will help members design personalized care plans.


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