Three accountable care organizations from New Jersey have been named to the 2014 list of 100 Accountable Care Organizations to Know by Beckers Hospital Review, a healthcare industry publication.
This is the third year Beckers has published its list. This year, ACOs were selected based on the number of physicians involved, the lifespan of the ACO, whether it has contracts with multiple payers and whether it recently struck new payer agreements.
The New Jersey winners were Atlantic ACO, a joint venture between Atlantic Health System, Morristown, N.J., and Valley Health System, Ridgewood, N.J.; Hackensack (N.J.) Alliance ACO, which was established by HackensackUMC; and Robert Wood Johnson Partners, New Brunswick, N.J., a collaboration between Robert Wood Johnson University Hospital and Health System, New Brunswick, N.J., and Rutgers University, Piscataway Township, N.J.
According to a Beckers news release, Atlantic ACO was one of the first 27 ACOs to become a participant in the Medicare Shared Savings Program. In May, it also struck a contract with UnitedHealthcare, making it the insurers first ACO in New Jersey.
Hackensack Alliance was established, according to the release, to participate in the Medicare Shared Savings Program and was named one of the original participants in the program in April 2012.
RWJ Partners began participating in the Medicare Shared Savings Program in late 2013. The organization involves academic researchers working with physicians to bring the strengths of a major research university to its patients, the release said.