#b#Obamacare Pays Off for NJ Hospitals#/b#
The debate over Obamacare often focuses on how patients pay for medical care, but the 2010 law also included a series of reforms meant to improve the quality of medical care and make it cheaper. The New Jersey Hospital Association says the hospital quality improvement program created by the Affordable Care Act has paid off stunningly, with more than 77,000 cases of patient harm averted and $641 million saved between 2012 and 2016.
The Partnership for Patients — New Jersey is a program by the U.S. Department of Health and Human Services, in partnership with the NJHA and the Health Research and Educational Trust of New Jersey. The organizations were given $10 million to study and help improve care in 13 different categories including post-surgical infections, patient falls, adverse drug events, and hospital readmissions.
The NJHA worked with healthcare providers to introduce industry best practices and tools like checklists, algorithms, monthly data collection, and routine data sharing.
Adverse drug events dropped 55 percent, blood clots fell 50 percent, and premature deliveries fell 49 percent. The biggest money-savers was a 30 percent decline in hospital readmissions.
“The bottom line is this: Patients in a New Jersey hospital today are much less likely to experience an adverse event like an infection after surgery, or a pressure ulcer, or an adverse reaction to medication,” said NJHA president and CEO Betsy Ryan. “Good healthcare requires teamwork, and in this initiative we have hospitals and post-acute providers; physicians, nurses and other clinical professionals; and patients and their caregivers all working together as part of the team.”
The quality improvement initiative is set to continue in 2017 as a Medicare program.
New Jersey Hospital Association, 760 Alexander Road, Princeton 08540. 609-275-4000. Elizabeth Ryan, president & CEO. www.njha.com.
Gloria Nilson Realtors, Real Living, 33 Witherspoon Street, Princeton 08542. 609-921-2600. www.glorianilson.com/Princeton.
Gloria Nilson Realtors, a residential and commercial real estate company, has been acquired by HomeServices of America, a subsidiary of Warren Buffet’s Berkshire Hathaway company.
The company will continue to be led by president Pat Bell and chairman Dick Schlott. Gloria Nilson was previously purchased by SLS Realty, based in Boston. The agency has offices on Alexander Road and Witherspoon Street in Princeton, Route 33 in Robbinsville, and Denow Road in Hopewell. The companies did not disclose the terms of the sale.
Gloria Nilson also has offices in New Jersey and Eastern Pennsylvania and says it has $1.5 billion a year in sales.
Clinical Professionals, 845 Alexander Road, Princeton 08540. 609-720-1152. Eric Richardson, managing director. www.cpiglobalcro.com.
The contract research organization has moved from 845 to 731 Alexander Road.
Zenith Services Inc., 4390 Route 1 North, Suite 303, Princeton 08540. 732-568-4950. Udayasri Addala, owner. www.zenithcad.com.
The IT consulting company has moved from Suite 217 to Suite 303 in Princeton Corporate Center. The firm, which specializes in services for the financial industry, has recently added employees and needed a larger space.
Voice Company Networks, 15 Roszel Road, Princeton.
The broadband service provider has left its Roszel Road office. Its listed phone number was disconnected.
Robert Neff, 82, on March 31. He was a biology professor at Mercer County Community College for 35 years.
Martha Stashko, 71, on April 7. She was an admitting specialist at Capital Health Regional Medical Center in Trenton.
Michael Mosteller, 79, on April 2. He was an architect who specialized in serving low income, homeless families and single individuals. He was a professor of architecture at NJIT and also served on Princeton’s school board and was a founder of Princeton Future.
Peter R. Weale, 66, on March 25. He was active in West Windsor school and community organizations for more than 30 years, including a 2009 campaign for mayor.
Russell Cottrell, 82, on April 4. He developed commercial properties and was the owner of the Granada, a night spot in Hamilton.