Hackensack Meridian Health Named ACO to Know
September 26, 2016 11:00 AM
Becker's Hospital Review has named Hackensack Meridian Health to the 2016 edition of its list of 100 ACOs to Know which features standout accountable care organizations from around the country. Hackensack Meridian Health was named to the list thanks its strong portfolio of accountable care organizations (ACO) which boast some of the strongest quality scores in the nation.
New Jersey's Hackensack University Health Network and Meridian Health merged in July 2016, bringing together their nationally recognized ACOs. In 2015, the HackensackAlliance ACO saved more than saved more than $33 million through the Medicare Shared Savings Program, placing it seventh in the nation for total savings. Meanwhile, Meridian charted new territory this year through its creation of a co-branded ACO agreement with Aetna which includes health providers participating in the Meridian Health Partners clinically integrated network.
"We are honored to be included on this list and to be recognized as one of the best ACOs in country," Patrick Young, president of Population Health for Hackensack Meridian Health. "Hackensack Meridian Health is committed to improving efficiency while providing our patients with unparalleled quality care."
Hackensack Meridian Health's ACOs oversee the care of more than 160,000 lives throughout New Jersey with nearly 2,500 physicians participating.
"The success of our ACOs is built upon the dedication and collaboration among our participating health care providers," Mark D. Sparta, executive vice president of Clinical Operations for Hackensack Meridian Health. "Thanks to our physician partners, our ACOs have grown and prospered enabling us to meet our goal of delivering patient-centric care."
Inclusion in Becker's Hospital Review list of 100 ACOs to Know was based on quality and cost performance, participation in CMS' Next Generation Model, the Pioneer Model, advanced tracks of the Medicare Shared Savings Program, and number of recently formed commercial contracts.
To view the full list of 100 ACOs to Know, click the following link: http://www.beckershospitalreview.com/lists/100-acos-to-know-2016.html.
About Hackensack Meridian Health
Hackensack Meridian Health is a leading not-for-profit health care organization that is the most comprehensive and truly integrated health care network in New Jersey, offering a complete range of medical services, innovative research and life-enhancing care. Hackensack Meridian Health comprises 13 hospitals, including two academic medical centers, two children's hospitals and nine community hospitals, physician practices, more than 120 ambulatory care centers, surgery centers, home health services, long-term care and assisted living communities, ambulance services, lifesaving air medical transportation, fitness and wellness centers, rehabilitation centers, and urgent care and after-hours centers. Hackensack Meridian Health has 28,000 team members, more than 6,000 physicians and is a distinguished leader in health care philanthropy, committed to the health and well-being of the communities it serves.
The Network's notable distinctions include having one of only five major academic medical centers in the nation to receive Healthgrades America's 50 Best Hospitals Award for five or more consecutive years, the number one hospital in New Jersey as ranked by U.S. News and World Report, consistently achieving Magnet® recognition for nursing excellence from the American Nurses Credentialing Center, recipient of the John M. Eisenberg Award for Patient Safety and Quality from The Joint Commission and the National Quality Forum, a six-time recipient of Fortune's "100 Best Companies to Work For," one of the "20 Best Workplaces in Health Care" in the nation, and the number one "Best Place to Work for Women." Hackensack Meridian Health is a member of AllSpire Health Partners, an interstate consortium of leading health systems, to focus on the sharing of best practices in clinical care and achieving efficiencies.
The hospitals of Hackensack Meridian Health include: academic medical centers - HackensackUMC in Hackensack, Jersey Shore University Medical Center in Neptune; children's hospitals - Joseph M. Sanzari Children's Hospital in Hackensack, K. Hovnanian Children's Hospital in Neptune; community hospitals - Ocean Medical Center in Brick, Riverview Medical Center in Red Bank, HackensackUMC Mountainside in Montclair, HackensackUMC Palisades in North Bergen, Raritan Bay Medical Center in Perth Amboy, Southern Ocean Medical Center in Manahawkin, Bayshore Community Hospital in Holmdel, Raritan Bay Medical Center in Old Bridge, and HackensackUMC at Pascack Valley in Westwood.
To learn more, visit www.hackensackmeridianhealth.org.