Health & Wellness

Atlantic Health, Five Additional NJ Hospital Systems Partner to Form 'Healthcare Transformation Consortium'

398217267457971af929_262ad55dda3aeccfddf8_977324_606261266087120_1119728396_o.jpg
Credits: facebook.com/pg/OverlookMedicalCenterNJ/photos
398217267457971af929_262ad55dda3aeccfddf8_977324_606261266087120_1119728396_o.jpg

MORRISTOWN, NJ - Recently, Amazon, Berkshire Hathaway and JP Morgan Chase announced they were joining forces to reduce healthcare costs. Now six New Jersey-based health care systems, including Atlantic Health System -- parent corporation of Summit's Overlook Medical Center -- have been working on the same goal, and have formed a consortium designed to reduce costs, expand access and enhance care for their employees.

Atlantic Health System, CentraState Healthcare System, Holy Name Medical Center, Hunterdon Healthcare, St. Joseph’s Health and Saint Peter’s Healthcare System today announced that they have formed the Healthcare Transformation Consortium (HTC).

This collaborative of health care organizations, each with self-funded employee health plans, will use their shared expertise to address an issue many businesses now face: how to improve access to high quality health care for covered employees and dependents while reducing costs.

Sign Up for E-News

While HTC is in the early stages of development, the participants have agreed to collectively bid out for third-party administration of their self-insured plans. In seeking a single carrier together, the group aims to reduce administrative fees associated with providing health care benefits. The consortium will select a flexible insurance carrier that is open to development of a unique product that can be replicated by health systems in other regions.  

“As health care organizations that are collectively providing medical benefits to nearly 50,000 employees and families in New Jersey, we need to take the lead in improving the quality and affordability of care. The model developed by HTC can be shared locally with other self-insured employers and replicated nationally,” said Kevin Joyce, Vice President of Insurance Networks for Atlantic Health System. “By working closely with like-minded organizations, we can share best practices, learn from one another, and lead the transition from fee-for-service to value-based care, using our own benefit plans as proving grounds.”

For more information about the member organizations of the Healthcare Transformation Consortium, visit:

atlantichealth.org

centrastate.com

holyname.org

hunterdonhealthcare.org

stjosephshealth.org

saintpetershcs.com

 

TAP Into Another Town's News:

Sign Up for E-News

Clark

Upcoming Events

Carousel_image_6b2035ca1ad32eb7e374_parent_tea

Tue, May 22, 7:00 PM

IMC in Arthur L. Johnson High School, Clark

Tea With the Superintendent of Schools.

Bee Day at Hanson Park!!

May 19, 2018

Please join the Hanson Park Conservancy on Saturday, June 23rd for Bee Day at Hanson Park!  At 2:00 PM Grant Stiles from Stiles Honey will be sharing his knowledge of bees with his presentation, “Fundamentals of Beekeeping and the Importance of Honey Bees in Our Society.”  Bring your blankets and chairs and enjoy the beautiful surroundings as Mr. Stiles answers all of your ...

Video Shows Woman Ripping Off Tip Jar at Westfield YESTERcades, Manager Says

May 21, 2018

WESTFIELD, NJ — Footage from security cameras at YESTERcades of Westfield shows a woman stealing the new game fund/employee tip jar from the counter at 2:10 a.m. (closing time) Sunday morning, according to manager Fred Logue, who shared screenshots of the video.

There was probably about $70 in the jar at the time, according to Logue, who said he reported the theft to Westfield ...

A Garwood Government Record of Too Little, Too Late

May 21, 2018

As a registered Democrat and someone who is observing the race between Mayor Charles Lombardo and Councilwoman Sara Todisco, I have to say – too little, too late. Lombardo's team promotes him as a "behind the scenes" Mayor as written by his running mate Jennyfer Guerrero as recently as her latest letter to the editor I saw online. However, what has he really done in the past 3 ...

AtlantiCast

AtlantiCast: Episode 15

On this week’s AtlantiCast, learn some important tips for controlling and avoiding diabetes from an Atlantic Health System expert, see how Atlantic Health is advancing cutting-edge research, hear what’s being done to keep health care environmentally friendly and much more!

 

Obituaries

Jun 29, 1927 - Apr 23, 2018
Margaret (Peggy) Kirk Leonard passed away Monday, April 23rd, surrounded by her loved ones. Peggy ...
Read more

NJ American Water Working to Replace Water Mains in Clark

May 16, 2018

VOORHEES, NJ – New Jersey American Water plans to replace roughly 1,200 feet of water main lines in Clark according to a notice released on May 16.

The document indicates the company is replacing main along Georgian Drive, from Ross Street to Sherwood Circle that was originally installed in the 1930s.  Two hydrants and 29 utility-owned service lines along the pipeline route will ...