FOR IMMEDIATE RELEASE
Atlantic City, NJ/Danville, PA – AtlantiCare, a health system in Atlantic City, NJ, and Geisinger, Danville, PA, have received final approval from the New Jersey Attorney General’s office and the New Jersey Superior Court, Chancery Division, for AtlantiCare to become a member of Geisinger Health effective Oct. 1, 2015. Representatives from AtlantiCare, Geisinger and invited guests gathered at AtlantiCare Regional Medical Center, Atlantic City Campus, at 10 a.m. today for a joining ceremony to commemorate the organizations coming together.
The relationship is built on the understanding that the healthcare delivery system in the United States is changing to a value-based model. As a result, the emphasis is on deploying evidence-based medicine programs, enhancing capabilities and clinical services, optimizing the use of the electronic health record and clinical informatics, and implementing population health management and value-based payment models.
The organizations signed a letter of intent in November 2013 and a definitive agreement in May 2014 for AtlantiCare to become a member of Geisinger, creating the foundation for value-driven, population-based care delivery in southern New Jersey.
“Our membership in Geisinger is tremendous news for AtlantiCare and the people we serve who will benefit from our efforts to provide collaborative, innovative health care. We thank those in both organizations who demonstrated vision, courage and effort in bringing these great organizations together,” said AtlantiCare President and Chief Executive Officer David P. Tilton.
“When you get to the heart of it, we are two organizations focused on taking care of patients,” said Geisinger President and Chief Executive Officer David Feinberg, M.D., MBA. “We can now move forward together to advance population health, improve quality and enhance care for the patients and communities in southern New Jersey. We appreciate the regulatory review and approval, and we welcome our new AtlantiCare colleagues into the Geisinger family.”
AtlantiCare will continue to benefit from its strong brand name, local autonomy and the expertise of its board of directors and leadership, as well as from Geisinger’s nationally acclaimed innovations in providing quality and value. It will be known as AtlantiCare, a member of Geisinger Representatives of each organization will sit on the AtlantiCare and Geisinger Foundation boards of directors.
“Together, AtlantiCare and Geisinger will provide a system of care different from what is currently available in southern New Jersey,” said Tilton. “We are ready to get to work with Geisinger colleagues as we collaborate on creating more value for our customers in the communities we serve.”
Geisinger and AtlantiCare are two well-respected and successful organizations that share a number of awards and recognitions including Modern Healthcare’s Best Places to Work in Healthcare and the American Nurses Credentialing Center’s Magnet™ designations. AtlantiCare was also named a recipient of the esteemed Malcolm Baldrige National Quality Award in 2009.
AtlantiCare is an integrated system of services designed to help people achieve optimal health. It includes AtlantiCare Regional Medical Center, AtlantiCare Health Solutions, the AtlantiCare Foundation, the AtlantiCare Physician Group and AtlantiCare Regional Health Services. Its more than 5,400 employees and 700 physicians serve the community in nearly 70 locations. A 2009 Malcolm Baldrige Award recipient, AtlantiCare was also included in Modern Healthcare’s Best Places to Work in Healthcare in 2010. ARMC became the 105th hospital in the nation to attain status as a Magnet™ designated hospital in March of 2004 and was re-designated a Magnet™ hospital in 2008 and 2014.
Geisinger is committed to making better health easier for the more than 1 million people it serves. Founded more than 100 years ago by Abigail Geisinger, the system now includes 10 hospital campuses, a health plan with more than half a million members, a research institute and the Geisinger College of Health Sciences, which includes schools of medicine, nursing and graduate education. With more than 25,000 employees and 1,700+ employed physicians, Geisinger boosts its hometown economies in Pennsylvania by billions of dollars annually. Learn more at geisinger.org or connect with us on Facebook, Instagram, LinkedIn and Twitter.