Health Care

Oct 10, 2012

Atlantic Health continues growth strategy with Chilton merger

Chilton will keep its name; CEO says it doesn’t expect to cut clinical staff as a result of its combination with Atlantic, which has four hospitals in North Jersey.

Oct 9, 2012

Hunterdon, Atlantic health systems announce alliance

The announcement is the culmination of a long process for both systems. Hunterdon has been entertaining partnership ideas for roughly a year, while Atlantic has answered requests for proposals from independent hospitals throughout the state.

Oct 9, 2012

Merck announces it’s moving its headquarters to Summit

The relocation is part of a broader restructuring the global drugmaker has undertaken since acquiring Schering-Plough in 2009.

Oct 3, 2012

Covance CEO implores N.J. to protect pharma industry from leaving

“New Jersey has to offer incredible incentives to keep the nerve center of the pharma industry here,” Joseph Herring says. “Because when it leaves, it ain’t coming back.”

Oct 1, 2012

With new penalties instituted nationally today, N.J. hospitals prepared to reduce readmissions

Starting today, hospitals around the nation will have their 30-day readmission rate count toward penalties from Medicare as laid out in the Affordable Care Act, but New Jersey medical centers are ready, according to one Garden State expert.

Oct 1, 2012

Christie increases funding to community health centers

Gov. Chris Christie announced today an additional $10 million in funding is included in the 2013 fiscal year budget for community health centers, bringing the total funding amount to $50 million.

Oct 1, 2012

Meridian Health partnership aims for Medicare Advantage market in Monmouth, Ocean

Meridian Health CEO John Lloyd knows the lines between payers and providers are blurring rapidly, so with an eye to the future, the system today announced a partnership that will give patients a new opportunity to access Medicare Advantage coverage.

Sep 28, 2012

Analysts upgrade Barnabas Health credit rating

Fitch notes health system’s growth plans and improved patient revenues in improving the rating.

Sep 26, 2012

Survey So far, efforts to control health costs have weak impact

With claims costs set to spike again, industry insiders are hoping long-term changes start showing encouraging signs in the near term.

Sep 25, 2012

South Jersey cardiology group agrees to insurer’s risk-based quality program

The AmeriHealth program is another step designed to reward doctors for keeping patients out of the ER — a particularly stubborn problem for patients with heart conditions.

Sep 25, 2012

Study Biotech RD rose in 2011

The study found biotech companies spent an average of $50 million on research and development last year, up slightly from $47 million the year before.

Sep 24, 2012

Survey New Jersey physicians active in changing care delivery

More than half of surveyed doctors are exploring integration with another health care organization, with primary-care doctors eager to work in hospitals or for larger groups.