New York City-based Mount Sinai Health System and Crystal Run Healthcare, a multispecialty group practice based in Rock Hill, N.Y., have created an alliance to achieve the triple aim of better care, better health and lower costs.
As part of the Mount Sinai-Crystal Run Alliance for Healthcare Transformation, the two healthcare organizations will share best practices, strengthen provider networks, share financial and intellectual resources, and explore innovative approaches to creating value. Crystal Run will remain independent, owned and led by physicians, although the group practice and the health system will look for ways to integrate clinically and financially to benefit their patients.
"Crystal Run is honored and privileged to be partnering with the Mount Sinai Health System," said Hal Teitelbaum, MD, JD, Crystal Run's managing partner and CEO. "Mount Sinai has an exceptional legacy of innovation, groundbreaking research and outstanding patient care and commitment, while Crystal Run has enjoyed success in developing patient-centric community based physician practices, in employing entrepreneurial approaches to meeting patient needs for access to quality care and in implementing value-focused strategies in pursuit of health care transformation. The combination of our strengths and our commitment to transformation of the health care system will be nothing short of game changing."