Hackensack Meridian Health announced that Dr. Andrew Pecora, president, Physician Enterprise and chief innovation officer, recently accepted the role of chief executive officer of Outcomes Matter Innovations LLC (OMI), a private company founded by physicians and created to enable partnership between private physicians and health care networks, in concert with payers.
“Dr. Pecora has been part of our organization since 1990 and his accomplishments are impressive,’’ said Robert Garrett, chief executive officer, Hackensack Meridian Health. “His clinical expertise and visionary leadership have elevated our entire network, especially in cancer treatment,” in a statement.
Garrett added: “He is also a nationally recognized expert in care transformation, taking part in CMS advisory committees and being part of the Harvard Business School’s white paper development on care transformation.”
Pecora’s contributions include creating the cancer center at Hackensack University Medical Center, leading Hackensack Meridian Health’s care transformation efforts with all its executives and developing and implementing the health network’s bundles program.
In his new role as CEO of OMI, Pecora will no longer serve as an executive at HMH. However, Pecora will assist the health system to become a value-based health network and help the network transform health care overall.
In a statement, HMH said that this new relationship will enable Hackensack Meridian to maintain its focus on improving quality, reducing costs and the patient experience.
As a consultant and strategic advisor, Pecora will be able to focus on the next disruptors of health care and help Hackensack Meridian remain a trailblazer.
“I can’t thank Dr. Pecora enough for his decades of service to our organization and for leading and supporting so many of our successful initiatives. In his role as CEO of OMI, he will continue to be a great asset to our organization. His capability to bring innovations forward at a quicker pace, coupled with his expertise in the health care innovation field and knowledge of Hackensack Meridian Health, will serve both of us well,’’ Garrett said.
Garrett added that he looks forward to working with Pecora as a strategic partner on disruptive innovations that will help Hackensack Meridian accelerate the transformation of health care.