ALBANY, N.Y., Jan. 19, 2015 (GLOBE NEWSWIRE) -- Albany Medical Center and CDPHP® continue their long-standing partnership into 2015 as hospital employees will now benefit from the health plan's best-in-class service and programs.
As of Jan. 1, CDPHP began providing administrative services for the hospital's self-funded employee health plan. In addition to paying claims and answering participant inquiries, the not-for-profit health plan will provide medical management, disease management, and wellness program services to more than 5,000 of Albany Med's employees. With dependents, the potential membership could reach 9,000. CDPHP will also administer Albany Med's flexible spending account (FSA).
"CDPHP and Albany Medical Center are like-minded organizations that share the goal of providing high-quality health care to the community, so this partnership is a natural fit for both of us," said John D. Bennett, MD, president and CEO, CDPHP. "This new arrangement will give Albany Med the flexibility it needs to control costs while giving its employees access to the outstanding services CDPHP offers."
"CDPHP and Albany Medical Center have been longtime partners in improving and ensuring the health of our community," said James J. Barba, Albany Medical Center's president and chief executive officer. "We are pleased to partner with CDPHP once again to provide high-quality health care to our employees."
Albany Med and CDPHP have partnered on numerous projects over the years, including the Patient Safety and Clinical Competency Center at Albany Medical College. CDPHP has also been a strong supporter of the annual Dancing in the Woods fundraiser, which benefits the Melodies Center for Childhood Cancer and Blood Disorders at the Bernard & Millie Duker Children's Hospital at Albany Med.
On the NCQA 2014-2015 Health Insurance Plan Rankings, CDPHP commercial health plans have been ranked as the best in New York state. NCQA is a private, non-profit organization dedicated to improving health care quality. NCQA accredits and certifies a wide range of health care organizations.
Established in 1984, CDPHP is a physician-founded, member-focused and community-based not-for-profit health plan that offers high-quality affordable health insurance plans to members in 24 counties throughout New York. CDPHP is also on Facebook, Twitter, LinkedIn and Pinterest.
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 healthcare professionals, and also includes a biomedical research enterprise and the region's largest physicians practice with more than 400 doctors. Albany Medical Center works with dozens of community partners to improve the region's health and quality of life. For more information: www.amc.edu or www.facebook.com/albanymedicalcenter.
Source:Capital District Physicians' Health Plan, Inc.