Seven of the nation’s leading health systems today announced the formation ofan interstate consortium that will address quality, population health management, best practicesand medical research in the Northeast region.AllSpire Health Partners is an alliance of seven hospital systems (containing 25 total hospitals) in
New Jersey and Pennsylvania. Its members encompass systemscontaining nationallyrankedhospitals that are within the Top Ten in their state and more than 20 specialties ranked in the Top50 in the nation, according toUS News and World Report.
The participating systems include:
Atlantic Health System
Hackensack University Health Network
Lancaster General Health
Lehigh Valley Health Network
Reading Health System
Participating systems will immediately share best clinical practices in individual areas in which
they have been recognized inUS News & World Report. Together, the seven health systems have aservice area of more than 6 million people and combined revenueof $10,500,000,000makingAllSpire Health Partners the largest health care consortium in the country.
“This is the first step in a new chapter that will propel us to transform health care delivery,” saidKaren J. Kessler, Chair of the Board of Trusteesof Atlantic Health System and the newlycreatedBoard of Trustees of AllSpire Health Partners. “This consortium will produce seven cutting edge
health systems working in tandem, giving patients greater access to bestinclass health careservices. Thisisthe future of health care.”
“This is an exciting day for Reading Health System and our co-founding partners in this innovativecollaboration, and a significant step into the future for our organization,” said Clint Matthews,President and ChiefExecutive Officer of Reading Health System. “By working together, we canshare best practices that will open up a world of possibilities to both save costs and improve thehealth of all the communities we serve.”
“Even the strongest health systems recognize that creating a sustainable delivery model is going torequire significant change,” said Victor H. Hammel, Chairman of the Board of Directors of ReadingHealth System. “A collaborative relationship allows us to create both scale and efficiency, withoutthe debt and integration challenges that come with expansion or acquisition. The Reading HealthSystem Board of Directors is committed to a locally managed, independent health care system.This is a perfect progression for us.”
AllSpire Health Partners was created for the implementation of the Triple Aim which, as definedby the Institute for Healthcare Improvement, consists of: improving the experience for thepatient, improving the health of the population and creating more affordable health care. As theparadigm of health care delivery is currently evolving, the era of feeforservice medicine isshifting to a value-based model of health care delivery.The new consortium will carry out joint activities in traditional areas of patient care services,research and education to enhance the value of health care that communities receive. In addition,the consortium will address economies of scale, shared best practices to improve health outcomesand identify opportunities in the new era of health care delivery. The alliance will develop andparticipate in shared services in order to reduce costs.
While traditional partnerships remain important, there is a greater opportunity to leverage thecombined intellectual assets of AllSpire Health Partners to elevate the quality of care, reduce thecost and move toward a regional population health focus.To learn more about AllSpire Health Partners, please visitwww.AllSpireHealthPartners.org