Newspaper article The Record (Bergen County, NJ)

Valley Health System, Mount Sinai Sign Alliance

Newspaper article The Record (Bergen County, NJ)

Valley Health System, Mount Sinai Sign Alliance

Article excerpt

The Valley Health System is partnering with the Mount Sinai Health System in New York, which could prove a major advantage for the Ridgewood-based organization as it looks to recruit physicians and enhance its research, officials said Thursday.

A Mount Sinai associate dean will be appointed in January to oversee the development of initiatives for clinical services, research and staff education programs at both institutions, said Audrey Meyers, president and CEO of the Valley Health System, which includes the 451-bed Valley Hospital, Valley Home Care and Valley Medical Group.

More stand-alone hospitals are merging with larger systems as health care delivery and reimbursement change radically under the Affordable Care Act. But Meyers stressed that "both organizations will remain independent.''

The new partnership "is strictly an academic affiliation,'' Meyers said.

Ultimately, the collaboration could lead to new medical services or treatments at Valley, which is known for award-winning cardiac, cancer and orthopedic care.

"From a patient perspective, clearly we will have an opportunity to enhance the already wonderful services'' at Valley, Meyers said.

Valley physicians could also obtain academic appointments at the medical school at Mount Sinai, and the Ridgewood hospital could attract leading physicians interested in research opportunities with the new relationship with Mount Sinai.

"It's important to have a major academic affiliation as you're looking to recruit physicians,'' Meyers said.

Valley and other hospitals have been buying physician practices in order to expand their networks, a move expected to boost revenues. Additionally, the affiliation could attract world-class scientists that would enhance the hospital's research on cancer, heart disease and other illnesses.

Early next year, Valley expects to open the David F. …

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