With its new medical savings accounts, Aetna is embracing an idea that could turn managed care on its ear. Introduced in September, the Aetna HealthFund isn’t about insuring against routine
Headquarters: 32 Wilson Boulevard 100, Addison, AL 35540 Phone: (256) 747-9800 Business: Builds, sells, finances and insures manufactured homes Chief Information Officer: Jay Wilson Recent financials: Posted a net loss
Aetna Chief Executive John W. Rowe, a gerontologist by training, was hired two years ago to heal one of the nation’s oldest companies. The big insurer is showing signs of
The downsizing that has forced it to scale back its technology investing isn’t unique to Cavalier Homes. The downsizing has affected the larger companies in the manufactured home-building business as
Affiliated Computer Services (ACS) processes paper claims for Aetna, scanning documents and then shipping the data along with an image of the original to an overseas processing center for quality
Like a lot of technology companies, SAP’s stock has taken a hit. It’s fallen from $58 in July 2000 to $18 this year, a drop of 69%. The cumulative wealth
Integrate (Among Other Things, to Make Sure Duplicate Payments Cease) Aetna’s customer and profit woes largely revolve around its ability to process claims fairly, efficiently and cheaply. “Reducing the labor
Automate (It’ll Save at Least $8m a YearAnd Probably a Lot More) Key to speedier processing of claims and cutting overhead is receiving claims electronically. On average, claims cost $5
Repair Relationships (Its adversarial stance hath made Aetna sickly. Insurer, heal thyself) Automating claims processing is an overdue solution to an old problem: The need to exchange information in smart
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