Hackensack Meridian Health Home to 'ACOs to Know'
Becker's Hospital Review recognizes Hackensack Meridian Health as one of the country's top accountable care organizations for the second year in a row.
Becker's Healthcare has named Hackensack Meridian Health's high-performing portfolio of accountable care organizations (ACO) to its 2017 list of 110 ACOs to Know. This is the second year in a row that Hackensack Meridian Health's Medicare ACOs and clinically integrated network have been listed among of the country's top performing ACOs. The 110 ACOs were selected based on their quality and cost performance, innovative nature of their commercial agreements as well as the advanced tracks of the Medicare Shared Savings Program.
Hackensack Meridian Health, one of New Jersey's leading health care organizations, boasts two Medicare Shared Savings Program ACOs, HackensackAlliance ACO and Meridian ACO, as well as Hackensack Meridian Health Partners, its clinically integrated network. All three organizations have experienced major success this past year and combined oversee the health of hundreds of thousands of patients.
"Hackensack Meridian Health is dedicated to population health and providing our patients with coordinated, quality care through our ACOs," said Patrick Young, president of Population Health for Hackensack Meridian Health. "Being named to such a prestigious list for the second straight year is a testament to the hard work and dedication of our physicians and health care providers."
HackensackAlliance ACO experienced its most successful year ever in performance year 2015, generating savings for the third year in a row and ranking seventh in the nation for total savings. Both HackensackAlliance ACO and Meridian ACO improved their quality scores in 2015, each earning a score of more than 92 percent.
Meanwhile, Hackensack Meridian Health Partners more than doubled in size over the past 12 months and now covers more than seven counties in New Jersey with its nearly 3,000 physician members. This robust clinically integrated network connects hundreds of physicians and is pioneering innovative payor partnerships, providing its patients with a truly integrated, cost effective approach to care.
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 – Hackensack University Medical Center 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, Mountainside Medical Center in Montclair, Palisades Medical Center in North Bergen, Raritan Bay Medical Center in Perth Amboy, Southern Ocean Medical Center in Manahawkin, Bayshore Medical Center in Holmdel, Raritan Bay Medical Center in Old Bridge, and Pascack Valley Medical Center in Westwood.
For additional information, please visit www.HackensackMeridianHealth.org.