Statement by CarePoint Health on Proposed Out-of-Network Consumer Protection, Transparency, Cost Containment and Accountability Act

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May 14, 2015, 05:11 ET

JERSEY CITY, N.J., May 14, 2015 /PRNewswire-USNewswire/ -- "The Out-of-Network Consumer Protection, Transparency, Cost Containment and Accountability Act is a massive gift to large insurance companies, and a shot across the bow against the Medicaid population and undocumented population. Earlier this week, we proposed an alternative form of payment reform in an effort to find a comprehensive solution that will sustain our healthcare system and provide equitable reimbursement for patients regardless of their insurance status and the neighborhood they live in. We are concerned at the short time frame in which such comprehensive legislation is being pursued. Not only will this legislation not save any money as being suggested, but will actually cost the tax payers between $300 and $500 million dollars."

For more information please see:
CarePoint Health CEO Dennis Kelly Calls for a New Healthcare Reimbursement System
CarePoint Health's Neighborhood Health Centers

For media inquiries, contact:

Jarrod Bernstein
CarePoint Health
Director of Corporate Communications
Phone: 201-884-5300
Email: [email protected]

About CarePoint Health

CarePoint Health brings quality, patient-focused health care to Hudson County. Combining the resources of three area hospitals – Bayonne Medical Center, Christ Hospital in Jersey City, and Hoboken University Medical Center – CarePoint Health provides a new approach to deliver health care that puts the patient front and center. We leverage a network of top doctors, nurses and other medical professionals whose expertise and attentiveness work together to provide complete coordination of care, from the doctor's office to the hospital to the home. Patients benefit from the expertise and capabilities of a broad network of leading specialists and specialized technology. At CarePoint Health, all of our medical professionals emphasize preventive medicine and focus on educating patients to make healthy life choices. For more information on our facilities, partners and services, visit us at www.carepointhealth.org. For information on CarePoint's Neighborhood Health Centers visit https://www.youtube.com/watch?v=cmZmS2VVcVY&feature=youtu.be

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SOURCE CarePoint Health