Effective for its first quarter 2018 results, Aetna will operate under two segments: healthcare and corporate/other. The healthcare segment encompasses commercial health plans, employer-based plans, and Medicaid and Medicare businesses. The healthcare segment will also include medical products and services.
The remainder of Aetna’s operations will fall under its corporate/other segment. These business lines include products Aetna no longer solicits or accepts new customers for; contracts the insurer divested through reinsurance and other agreements; and expenses like transaction- and integration-related costs.
The changes will be reflected in Aetna’s first quarter release scheduled for May 1. Aetna will not hold a first quarter earnings call due to the pending CVS Health deal.
More articles on payer issues:
Former UnitedHealthcare CEO’s insurance venture now covers 12K members
2 payer practices complicating the ED revenue cycle — And what providers can do about it
UnitedHealth’s Q1 profit jumps 30.6%: 4 takeaways
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.