Under a joint venture with the same for-profit group that is reopening Pascack Valley Hospital, Hackensack University Medical Center announced Wednesday it has filed a Certificate of Need application with the state to take ownership of Mountainside Hospital, in Montclair. Read More »

State Sen. Joseph Vitale's (D-Woodbridge) efforts to get single-room surgical facilities under the same regulatory umbrella as other surgical facilities advanced Monday, as his proposed legislation moved through the Senate's Health, Human Services and Senior Citizens Committee unanimously.

A major health insurer is giving New Jersey doctors more money to provide a holistic approach to care. Aetna has launched a new Patient-Centered Medical Home program aimed at rewarding doctors who meet guidelines designed to improve patient health and reduce hospitalizations. The program is being rolled out first in New Jersey and Connecticut, but ...

Citing a positive experience when relocating its headquarters to Parsippany, Watson Pharmaceuticals Inc. announced Monday the company will open a new global research and development center in North Brunswick with the help of the Economic Development Authority. The company signed a 32,000-square-foot lease in the EDA’s Technology Centre of New Jersey, and will immediately begin ...

Hackensack University Medical Center became the latest New Jersey care provider to apply for an accountable-care organization with the Centers for Medicare and Medicaid Services today. HUMC applied for the creation of the ACO with 122 physicians, centered around five physician offices. If accepted, the ACO would begin operations on April 1. “At Hackensack UMC, ...

Summit-based biotech firm Celgene Corp. announced today it will buy privately held biotechnology company Avila Therapeutics Inc., of Bedford, Mass., for $350 million in cash, plus up to $575 million more in milestone payments. Avila’s research and development platforms will complement Celgene’s work in hematology and immune inflammatory diseases, which is a growing area at ...

Parsippany-based Watson Pharmaceuticals Inc. on Tuesday became a major player in the southeast Asian and Australian generic drug markets with an acquisition valued at more than $393 million. Watson said Tuesday it has acquired Ascent Pharmahealth Ltd., the generic arm of Strides Arcolab Ltd. The deal instantly makes Watson the fifth-largest generic drugmaker in Australia ...

Robert Wood Johnson University Hospital said Tuesday it will convert its outpatient department into a physician joint venture, in partnership with Regent Surgical Health. The new model allows local surgeons to become partners in the hospital’s ambulatory surgical pavilion, which opened in 2010. In a statement announcing the move, Paul Storiale, the hospital’s senior vice president ...

Atlantic Health System today announced it has submitted an application to create a regional accountable-care organization, in hopes of participating in the Centers for Medicare and Medicaid Services’ shared savings program. Called ACOs, accountable-care organizations represent a new approach to health care delivery that seeks to coordinate medical care, engage patients in their own wellness, ...