Aetna has announced a first among its accountable care organizations — It is launching a pediatric ACO with The Children's Hospital of Philadelphia.
On Thursday, Aetna announced its commercial plan members under age 19 who receive care from CHOP physicians will be part of the program. Under the agreement, physicians have the opportunity to earn rewards for meeting cost, quality and patient satisfaction benchmarks. These include reducing potentially avoidable readmissions and emergency room visits.
"The Children's Hospital of Philadelphia is committed to exploring new and innovative relationships that enable families throughout our service area to benefit from the world-class pediatric care that they can only receive at CHOP," Matthew Cook, executive vice president of strategic planning and business development at CHOP, said in a statement. "This agreement with Aetna will be of great benefit to their subscriber families and we are gratified to join Aetna in this effort."
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