Hudson Regional Hospital and CarePoint Health System announced Friday they are creating Hudson Health System, a new management company that will incorporate the acute care facilities of Hudson Regional Hospital and CarePoint Health.
The principals of the new network signed a Letter of Intent on Thursday that is the precursor to a new organizational structure and operating plan, which will require approval from the New Jersey Department of Health.
Hudson Health System will be a four-hospital network, including Hudson Regional Hospital, Bayonne Medical Center, Hoboken University Medical Center and Christ Hospital in Jersey City. It will be based in Jersey City.
The new system will continue both Hudson Regional Hospital’s and CarePoint Health’s demonstrated commitment to providing high-quality, affordable health care for local residents. The system will include both nonprofit and for-profit hospitals in an innovative new model, and it will continue to be in-network with all major insurance carriers.
Yan Moshe, chairman of Hudson Regional, will be chairman of Hudson Health System.
Dr. Achintya Moulick, CEO of CarePoint, will be CEO of Hudson Health System
Moshe said the organization makes sense on a number of levels.
“Since entering this marketplace in 2018, our team has driven a patient-focused mission that incorporates technology and engages leading health care professionals to deliver care under a new model,” he said. “I am excited to bring our proven track record and experienced team in partnership with Dr. Moulick to build a high-quality, stable health care system that the county deserves. We are all committed to bringing top-quality care, physicians and efficient operations that will allow us to achieve those goals.
“We are grateful to (Jersey City) Mayor (Steve) Fulop and other Hudson County elected officials for their critical role in envisioning a new network that would allow these facilities and health care professionals to reach their potential.”
“Hudson County is the most diverse and dynamic community in New Jersey, and its residents deserve nothing less than exceptional care, affordable access, the most advanced specialties and technology, and the highest-caliber physicians to serve patients’ needs, especially the underserved communities that rely on our facilities,” he said. “Yan Moshe has shown the type of innovative leadership that will allow us to thrive in an ever-changing health care environment, and, with adequate state support, I believe we can build a hospital system that will deliver on its core mission.”
Fulop said the facility will make Hudson County a leader in community-focused care.
“It became clear over the last several months that Hudson County had an opportunity to create a dynamic new health care model,” he said. “There is no greater priority than the health of our residents, and we convened the operators of our major hospitals together to create a platform that would assure quality care and enduring stability. I am pleased to say that the discussions on all sides were driven by a shared commitment to the interests of the patients. It is a complex undertaking to blend facilities and cultures and managements, but, out of this effort, we have arrived at an admirable place: Hudson County is now a leader in community-focused care.”