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HMH hospitals rank nationally for Medicare orthopedic program savings

NJBIZ - 3/13/2019

Hospitals in the Hackensack Meridian Health system realized some of the highest shared savings in the Centers for Medicare & Medicaid Services’ Comprehensive Care for Joint Replacement (CJR) program.
According to HMH, this is the second year in a row that its hospitals have ranked among the best in the nation in terms of quality and savings in the CJR program a program that aims to foster better and efficient care among Medicare patients receiving a hip or knee replacement.
In the program’s second performance period, HMH and its participating surgeons saved $7.74 million among their Medicare joint replacement patients. Four of the network’s hospitals ranked in the top five percent of hospitals nationally for shared savings.
Hackensack University Medical Center placed fourth out of 721 total hospitals, saving more than $1,000,000 in its second performance period.
Ocean Medical Center placed 11th; Riverview Medical Center placed 24th; and Jersey Shore University Medical Center placed 38th.
HMH is the only health system in New Jersey to have multiple hospitals rank in the top 25 for shared savings, according to HMH officials.
“Hackensack Meridian Health’s continued success in this important Medicare program is thanks to its collaboration with us their community orthopedic surgeons,” said Dr. Harlan Levine, orthopedic surgeon at Hartzband Center for Hip & Knee Replacement. “Together we were able to find innovative ways to achieve our shared goal of delivering high quality, coordinated patient care.”
Hackensack Meridian Health received back approximately $3.68 million of the savings it realized in the second performance period and has dispersed a substantial portion of that savings back to its participating surgeons for them to invest in furthering patient care.

CREDIT: Jessica Perry

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