Aetna and Albany Medical Center announce new agreement for Medicare members

Oct 17 2017

ALBANY, N.Y. – Aetna (NYSE: AET) and Albany Medical Center today announced that the two organizations have signed a new contract that results in an expansion of Aetna’s current Medicare Advantage network to include Albany Medical Center and its employed physicians.

“Our new contract is a testament to the strong, longstanding relationship we have with Albany Medical Center,” said David DeLorenzo, the provider network lead for Aetna in upstate New York. “We are pleased that we can strengthen our collaboration by offering health care services to our Medicare members at northeastern New York’s only health sciences center and the region’s largest physicians practice.”

“Albany Med is continually seeking ways to better serve our patients,” said Joan Martin, vice president for payer contracting at Albany Medical Center. “We are pleased to build on our current partnership with Aetna to offer better options of coverage for expert care.”

Aetna offers competitive Medicare Advantage products throughout the greater Albany area. Starting November 15, 2017, these products will now include covered inpatient and outpatient health care services at preferred, in-network rates from Albany Medical Center and its network of more than 500 physicians in Albany, Columbia, Greene, Rensselaer, Saratoga, Schenectady, Ulster, Warren and Washington counties.

About Aetna

Aetna is one of the nation’s leading diversified health care benefits companies, serving an estimated 44.7 million people with information and resources to help them make better informed decisions about their health care. Aetna offers a broad range of traditional, voluntary and consumer-directed health insurance products and related services, including medical, pharmacy, dental, behavioral health, group life and disability plans, and medical management capabilities, Medicaid health care management services, workers’ compensation administrative services and health information technology products and services. Aetna’s customers include employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, governmental units, government-sponsored plans, labor groups and expatriates. For more information, see and learn about how Aetna is helping to build a healthier world. @AetnaNews

Aetna Medicare is a PDP, HMO, PPO plan with a Medicare contract. Our SNPs also have contracts with State Medicaid programs. Enrollment in our plans depends on contract renewal. This information is not a complete description of benefits. Contact the plan for more information. Limitations, copayments, and restrictions may apply. Benefits and/or co-payments/co-insurance may change on January 1 of each year. See Evidence of Coverage for a complete description of plan benefits, exclusions, limitations and conditions of coverage. Plan features and availability may vary by service area.

About Albany Medical Center

Albany Medical Center, northeastern New York’s only academic health sciences center, is one of the largest private employers in the Capital Region. It incorporates the 734-bed Albany Medical Center Hospital, which offers the widest range of medical and surgical services in the region, and the Albany Medical College, which trains the next generation of doctors, scientists and other health care professionals, and also includes a biomedical research enterprise and the region’s largest physicians practice with more than 450 doctors. Albany Med is affiliated with Columbia Memorial Health and Saratoga Hospital to provide the largest locally governed health system in the region. Combined, these three hospitals offer nearly 1,100 beds and outpatient locations throughout the Capital Region. Albany Medical Center works with dozens of community partners to improve the region’s health and quality of life. For more information: or

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Y0001_4002_10980 accepted 10/2017