Ridgewood Resident Secures 49 Million Dollars for Federal Government

New Jersey Innovation Institute (NJII) receives

Transforming Clinical Practice Initiative award

Collaborative network will join federal government and other partners in supporting large-scale health care transformation among clinician practices

NEWARK, September 28, 2015 – The New Jersey Innovation Institute is one of 39 health care collaborative networks selected to participate in the Transforming Clinical Practice Initiative, announced today by Health and Human Services Secretary Sylvia M. Burwell. NJII will receive up to $49.6 million to provide technical assistance support to help equip clinicians in the New Jersey region with tools, information, and network support needed to improve quality of care, increase patients’ access to information, and spend health care dollars more wisely.

“Supporting doctors and other health care professionals change the way they work is critical to improving quality and spending our health care dollars more wisely,” said Secretary Burwell. “These awards will give patients more of the information they need to make informed decisions about their care and give clinicians access to information and support to improve care coordination and quality outcomes.”

As a Practice Transformation Network, NJII will support 11,500 clinicians to expand their quality improvement capacity, learn from one another, and achieve common goals of improved care, better health, and reduced cost. The network will provide educational support, quality improvement and reporting tools to help participating clinicians meet the initiative’s phases of transformation and associated milestones, clinical and operational results.

These awards are part of a comprehensive strategy advanced by the Affordable Care Act that enables new levels of coordination, continuity, and integration of care, while transitioning volume-driven systems to value-based, patient-centered, health care services. It builds upon successful models and programs such as the Hospital Value-Based Purchasing Organization Program, Partnership for Patients with Hospital Engagement Networks, and Accountable Care Organizations.

For more information on the Transforming Clinical Practice Initiative, please visit: http://innovation.cms.gov/initiatives/Transforming-Clinical-Practices/

The New Jersey Innovation Institute (NJII) is an NJIT corporation that applies the intellectual and technological resources of the state’s science and technology university to challenges identified by industry partners. Through its Innovation Labs (iLabs), NJII brings NJIT expertise to key economic sectors, including healthcare delivery systems, bio-pharmaceutical production, civil infrastructure, defense and homeland security, and financial services.