{"id":18189,"date":"2015-11-04T13:00:00","date_gmt":"2015-11-04T18:00:00","guid":{"rendered":"https:\/\/www.saratoga.com\/saratogabusinessjournal\/2015\/11\/saratoga-hospital-albany-med-make-plans-to-affiliate-form-integrated-health-care-system.html"},"modified":"2017-11-08T13:47:04","modified_gmt":"2017-11-08T18:47:04","slug":"saratoga-hospital-albany-med-make-plans-to-affiliate-form-integrated-health-care-system","status":"publish","type":"post","link":"https:\/\/www.saratoga.com\/saratogabusinessjournal\/2015\/11\/saratoga-hospital-albany-med-make-plans-to-affiliate-form-integrated-health-care-system\/","title":{"rendered":"Saratoga Hospital, Albany Med Make Plans To Affiliate, Form Integrated Health Care System"},"content":{"rendered":"
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Saratoga Hospital President and CEO Angelo G. Calbone speaks at an October news conference \nannouncing the intent of his facility to carry out an affiliation plan with Albany Medical Center.<\/p>\n<\/div>\n<\/div>\n
Saratoga Hospital and Albany Medical \nCenter have signed a letter of intent to affiliate, \npaving the way for a more comprehensive, \ncost-effective and integrated health \ncare system.<\/p>\n
Leaders of both hospitals announced plans \nfor the partnership Oct. 27 and said they \nexpect to finalize the affiliation during 2016.<\/p>\n
At a news conference, Saratoga Hospital \nPresident and CEO Angelo G. Calbone and \nAlbany Medical Center President and CEO \nJames J. Barba said the planned collaboration \nbuilds on partnerships already in place.<\/p>\n
They said a prime example is the joint \nventure, Malta Med Emergent Care, in Malta. \nPhysicians and medical teams from Saratoga \nHospital and Albany Medical Center have \nbeen working there together since June 2013, \nproviding comprehensive 24\/7 urgent care \nand higher-level services.<\/p>\n
Another example, officials said, is a collaboration \nlaunched in 2009 to enhance \nstroke care by enabling real-time sharing of \ndiagnostic information.<\/p>\n
“For over a century our goal has been to \nprovide the best possible medical care to \nresidents of the Saratoga region. Partnering \nwith Albany Medical Center allows us \nto continue elevating the level of care and \noffer increasingly sophisticated diagnostic \nand treatment procedures for our growing \ncommunity,” Calbone said.<\/p>\n
Albany Med CEO Jim Barba said the affiliation \nwould create an integrated, autonomous \nhealth system in the region. He indicated large \nhealth systems from downstate, Pennsylvania \nand Plattsburgh are starting to move into the \nAlbany region.<\/p>\n
“It is a new reality that creating our own \nsystem of sufficient size, scope and integration \nis the surest route toward achieving our \nregional goals of autonomy and quality care \nin an environment of lower costs and higher \nefficiencies,” said Barba.<\/p>\n
“The affiliation we announce today is \nanother milestone in our shared history of \npartnering to better serve the region,” he \nsaid. “Together, Albany Medical Center and \nSaratoga Hospital have demonstrated that \npartnership is good medicine. Together we \nwill continue to make the highest quality \nmedical services in the region more accessible \nto more of our residents.”<\/p>\n
Officials said Saratoga Hospital will retain \nits name, local leadership and governance, \nand oversight of services delivered in the \ncommunity. The medical staff will remain \npart of the hospital. Staffing decisions will \nbe made locally.<\/p>\n
“One of the primary goals of the partnership \nis to protect Saratoga Hospital’s future– \nto preserve our ability to continue to grow \nand provide the care our community needs \nand deserves,” Calbone said.<\/p>\n
“In addition, affiliating with Northeastern \nNew York’s only academic health sciences center– \nwith its medical school and cutting-edge \nresearch programs–enhances the ability of \nour medical team and patients to access advanced \noptions that are available only through \nthat type of institution.”<\/p>\n
Albany Med has a roughly $1 billion annual \nbudget and 9,000 employees. Saratoga Hospital \nhas 2,300 full- and part-time workers and \na $300 million budget.<\/p>\n
Calbone said there is a difference between \na merger and an affiliation. Under the plan \nannounced Tuesday, Saratoga Hospital will \nkeep its name, local leadership and management \nof services to the community.<\/p>\n
Government-led health reforms seek to reduce \nthe need for costly hospitalizations. The \nemerging payment system, called global budgeting, \ncalls for health systems to be paid a set \nfee per patient for providing all the patient’s \ncare. It is intended that providers will earn \nmore under this system if they provide costeffective \ntreatments early, instead of getting \nbig fees for providing expensive services later.<\/p>\n
Saratoga Hospital facilities include \nSaratoga Hospital, Saratoga Hospital Nursing \nHome, Wilton Medical Arts, Saratoga Surgery \nCenter, Milton Health Center, Saratoga Community \nHealth Center and the Mollie Wilmot \nRadiation Oncology Center. The hospital’s \nphysician practice, Saratoga Regional Medical \nGroup, includes physicians in the following \nspecialties: cardiology, dentistry, endocrinology, \nfamily medicine, hematology\/oncology, \ninternal medicine, nephrology, neurology, \noccupational medicine, oncology, pain management, \nphysiatry, podiatry, primary care, \npsychiatry, pulmonary medicine, surgery, \nand urology.<\/p>\n
For more information, go to www.saratogahospital.org. \nAlbany Medical Center, northeastern New \nYork’s only academic health sciences center, \nis one of the largest private employers in the \nCapital Region. The Albany Medical College, \nwhich trains the next generation of doctors, \nscientists and other healthcare professionals, \nalso includes a biomedical research enterprise \nand the region’s largest physicians practice \nwith more than 450 doctors.<\/p>\n
For more information: www.amc.edu or \nwww.facebook.com\/albanymedicalcenter.<\/p>\n","protected":false},"excerpt":{"rendered":"
Saratoga Hospital President and CEO Angelo G. Calbone speaks at an October news conference announcing the intent of his facility to carry out an affiliation plan with Albany Medical Center. Saratoga Hospital and Albany Medical Center have signed a…<\/p>\n","protected":false},"author":121,"featured_media":24469,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[82],"class_list":["post-18189","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","tag-healthcare"],"yoast_head":"\r\n
Saratoga Hospital, Albany Med Make Plans To Affiliate, Form Integrated Health Care System - Saratoga Business Journal<\/title>\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\t\r\n\t\r\n\t\r\n\r\n\r\n\n\t\n\t\n\t\r\n