Aetna Announces Milestones In Pay For Performance Program For California; Payouts For 2003 And Program Guidelines For 2004 Rolled Out

Aetna (NYSE: AET) today announced payments to participating IPAs and medical groups for their performance in 2003, the first year of Aetna’s Pay for Performance program. Aetna also announced the guidelines for the second year of its program to reward physician groups in California for quality care as part of the California Pay for Performance Initiative. The initiative, led by the Integrated Healthcare Association (IHA), is a collaborative effort to reward physician groups in California based on their performance on quality and patient satisfaction criteria as well as their information technology infrastructure.