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Keeping Up With Retail and Nontraditional Competitors
-‐ Why are retail partnerships so important to health systems and hospitals?
-‐ Who benefits from these types of partnerships?
-‐ What are the future opportuni7es?
Key Takeaways
Hackensack University Health Network
Hackensack University Health Network: • Parent company of HackensackUMC, the HackensackUMC Founda7on, Hackensack University Medical Group, Palisades Medical Center, and corporate joint venture partners with LHP Hospital Group in ownership of HackensackUMC at Pascack Valley and HackensackUMC Mountainside.
• May 2015: HackensackUHN signed a defini7ve agreement to merge with Meridian Health; crea7ng one, integrated healthcare delivery system, known as Hackensack Meridian Health.
• June 2015: HackensackUHN and Seton Hall University announced a defini7ve agreement to form a new, four-‐year school of medicine – the only private medical school in New Jersey.
• HackensackUHN also enjoys clinical and academic affilia7ons with some of the na7on’s most well-‐renowned health systems, hospitals and universi7es.
• More than 10,800 employees, 3,300 creden7aled medical staff members and 1,717 hospital and nursing home beds at hospitals within the Network -‐ one of the largest healthcare systems in New Jersey.
Overview
CityMD Urgent Care
In March of 2014, HackensackUHN established a new partnership with New York-‐based CityMD to open urgent care centers during the next few years in northern New Jersey. CityMD currently has more than 50 urgent care centers in the New York metro area, including 23 in New York City. This partnership marks the first expansion into urgent care centers for the Network, and the centers will be located in Bergen, Hudson, Passaic and Essex coun7es and Rockland County, NY.
Paramus, New Jersey location opened October 2015
Five more locations to open shortly thereafter
• MinuteClinic is the retail healthcare division of CVS Caremark. • HackensackUMC physicians serve as medical directors for nine MinuteClinic
walk-‐in medical clinics inside select CVS/pharmacy stores in Bergen, Essex, Hudson and Passaic coun7es.
• MinuteClinic and HackensackUMC collaborate and refer pa7ents to one another when clinically appropriate.
CVS Minute Clinic
• HackensackUMC formed a joint venture partnership with community physicians and United Surgical Partners Interna7onal (USPI) in the acquisi7on and opera7on of two ambulatory surgery centers:
– Hackensack Endoscopy Center – Endoscopy Center of Bergen County
• Under the partnership, HackensackUMC and USPI own a joint venture company that partners with physicians to own and operate a network of outpa7ent ambulatory surgery centers in the region.
United Surgical Partners International (USPI)
HackensackUMC Fitness & Wellness Powered by the Giants
•8,100 current F&W members • 39,465 patients seen at F&W in 2014
• HackensackUMC teamed up with the New York Football Giants and Fitness & Wellness Professional Services to open a 112,000-‐square-‐foot, state-‐of-‐the-‐art wellness center on Route 17 in Maywood, NJ.
• Fitness space: state-‐of-‐the-‐art cardio and strength training equipment; an aqua7c center featuring three salt-‐water filtered pools; group fitness classes; personal training; healthy cooking demos, and support groups.
• Wellness and medical needs: behavioral health, Health Awareness Regional Program, the Molly Diabetes Educa7on/Management Center for Adults and Children, the Ins7tute for Breast Care, physical therapy and rehabilita7on, and the Debra Simon Center for Integra7ve Medicine.
Telehealth/Telemedicine: • Pa7ent acquisi7on • Coordina7on of care across the con7nuum • Chronic care management • Improved access to limited clinical resources • Pa7ent/family/community educa7on
Future Opportunities in Retail Space