A group of 25 hospitals across 7 hospital systems in New York, New Jersey and Pennsylvania will form what it calls the nation's largest health care alliance to improve care and lower costs.
The Associated Press/Wall Street Journal: 25 NJ, NY, Pa. Hospitals To Share Some Resources
Twenty-five hospitals in three states have agreed to research and share ideas about what works in a new health care alliance. AllSpire Health Partners announced its plans Wednesday night, saying the idea is designed in reaction to President Barack Obama's health insurance overhaul. The group says it can improve care and lower costs (9/19).
Reuters: Group Plans To Form largest U.S. Hospital Alliance
Seven hospital systems in New Jersey and Pennsylvania will form what executives say will be the largest U.S. health care alliance in the country. The number of hospital mergers has soared in the past several years as providers band together to increase their power to negotiate higher reimbursement rates from insurers (Jones, 9/19).
The Philadelphia Inquirer: Hospitals Tout New Alliance’s Ability to Share Knowledge, Pool Resources
Creation of the alliance could signal the arrival in New Jersey of a trend in which hospitals form huge networks in order to strengthen their ability to achieve large-scale savings and efficiencies (9/20).