PATERSON, NJ - Saying that “a partnership can bring economies of scale resulting in efficiencies which can unleash savings and drive quality improvement essential to transforming healthcare delivery amidst an ever changing and challenging environment,” St. Joseph’s Health officials have announced that they are launching a comprehensive process to explore a partnership with another healthcare organization.
“Our strong market position and recognized quality of care makes us a desirable partner for many health systems in the region,” explained Kevin J. Slavin, President & CEO of St. Joseph’s Health in a statement released on Friday.
The process, being conducted under the guidance and oversight of a Partnerships Committee appointed by the hospital’s Board of Trustees will “determine whether there is a right fit with an organization that shares our commitment to the community and vision for the future.”
Under any partnership, according to the announcement, St. Joseph’s Health will remain a Catholic organization, sponsored by the Sisters of Charity of Saint Elizabeth, and will continue its mission of providing exceptional care across the region, with an emphasis on serving vulnerable populations.
Offering additional assurance of the health care provider’s commitment to the Paterson community Sister Marilyn Thie, Chair of the St. Joseph’s Health Board of Trustees, said that while retaining their Catholic identity will be foremost in their consideration, maintaining their “organizational culture and values, as well as the intent to invest in St. Joseph’s and its surrounding communities, serving especially those most in need,” will also be paramount.
“This is an exciting announcement that can benefit Passaic County residents in many ways,” said Assemblywoman Shavonda E. Sumter. “St. Joseph’s has a long and enviable record of serving our local residents, coupled with an outstanding reputation for providing quality care. The right partnership will ensure the health system remains strong and continues to thrive.”