(By Balaseshan) Aetna Inc. (NYSE:AET), a diversified healthcare benefits company, said it has reached agreement on a new contract with Memorial Hospital at Gulfport, adding the facility and its physician group to Aetna's Mississippi network.
Under the agreement, members of Aetna's commercial plans will be able to receive covered services, at in-network rates, from the Memorial Hospital at Gulfport and at the hospital's Physicians Clinic at MHG.
Aetna provides health benefits to more than 65,000 members in Mississippi. Those members have access to a contracted network of 88 hospitals and more than 4,500 primary care and specialist physicians.
"Aetna is extremely pleased to welcome Memorial Hospital to our network of contracted facilities and doctors. As we look to expand our presence in the state, we're working to provide our members with more in-network health care options," said Greggory Parrish, Aetna's local market lead for network operations in Mississippi.
Memorial Hospital at Gulfport, a public, not-for-profit health system, includes a 303-bed acute care hospital, a 33-bed inpatient rehabilitation unit, a 109-bed behavioral health facility, satellite outpatient diagnostic and rehabilitation centers and more than 40 Memorial Physician Clinics.
AET is trading down 0.22% at $36.62 on Monday. The stock has been trading between $33.42 and $51.14 for the past 52 weeks.