CAMDEN, N.J., April 10, 2013 /PRNewswire/ -- In a highly innovative move, unprecedented in New Jersey, a health insurer and a hospital system -- AmeriHealth New Jersey and Cooper University Health Care -- announce today that Cooper will acquire a 20 percent interest in AmeriHealth New Jersey. This venture intends to transform health care in the state by increasing quality and lowering costs through a more highly coordinated care model.
Together, Cooper and AmeriHealth New Jersey will develop and offer an expanded suite of health plans and an accountable care model for New Jersey residents. These health plans will include insured, self-insured, and Medicare products, and will provide employers and consumers with new options that focus on affordability while offering access to world-class care from Cooper's more than 500 employed physicians in South Jersey and a network of over 100 outpatient offices.
"We are proud that AmeriHealth New Jersey and Cooper are transforming health care by cultivating this innovative partnership with physicians and hospitals in order to manage medical costs, develop low-cost, high-quality products, and enhance the patient experience," said Daniel J. Hilferty, president and CEO, Independence Blue Cross, the corporate parent of AmeriHealth New Jersey. "This collaboration helps to break down the traditional barriers associated with health care by having two organizations work together as one to build an accountable care model -- and that is what makes it so exciting."In order to provide extensive case management, help patients navigate the health care system, and ensure better access to and optimal coordination of care, Cooper will also incorporate the patient-centered medical home model in its primary care practices. The patient-centered model is specifically designed to enhance communication with patients and among providers and give patients easier access to physicians.