July 24, 2014 11:04 PM ET

Healthcare Providers and Services

Company Overview of Jefferson Health System, Inc.

Company Overview

Jefferson Health System, Inc. operates as a health care system in Pennsylvania. The company was founded in 1995 and is based in Radnor, Pennsylvania.

259 North Radnor-Chester Road

Suite 290

Radnor, PA 19087-5299

United States

Founded in 1995

Phone:

610-225-6200

Fax:

610-225-6254

Key Executives for Jefferson Health System, Inc.

Chief Financial Officer and Senior Vice President
Age: 64
Senior Vice President and General Counsel
Age: 61
Vice President of Insurance
Compensation as of Fiscal Year 2014.

Jefferson Health System, Inc. Key Developments

Independence Blue Cross and Jefferson Health System Agree to New Two-Year Contracts

Independence Blue Cross (IBC) and Jefferson Health System (JHS) announced that they have reached agreement on new two-year contracts that demonstrate a strong collaboration between the region's leading health insurer and health care system. IBC and JHS have a longstanding relationship that spans 18 years. IBC's accountable care payment model gives significant financial incentives to hospitals and health systems organized in an accountable care model for delivering better health outcomes and lowering medical costs. This includes hospitals and physicians improving performance related to hospital acquired infections and avoidable readmissions, and for following evidence based guidelines for surgical care and for the treatment of heart attacks, heart failure, and pneumonia. It also includes hospitals and physicians managing medical costs through greater collaboration and coordination of inpatient, outpatient, ancillary care, home health, prescriptions, and other health services.

Jefferson Health System, Inc. Announces Retirement of Joseph T. Sebastianelli as President and CEO

Joseph T. Sebastianelli is retiring as president and CEO of Jefferson Health System, at the end of the year.

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Recent Private Companies Transactions

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