West Orange, NJ – July 8, 2019 – RWJBarnabas Health, the largest health care system in New Jersey, and Rutgers Health, a part of Rutgers, the state university of New Jersey, appointed Mr. Amato Amarain to Chief Financial Officer of the Combined Medical Group.
In his new role, Mr. Amarain will work closely with Andy Anderson, MD, CEO of the Combined Medical Group, and will oversee the financial activities of one of the largest provider consortia in the nation. The Combined Medical Group results from a partnership between RWJBarnabas Health and Rutgers Health to jointly operate a world-class academic health system dedicated to life-changing research, clinical training of tomorrow’s health care workforce, and high-quality patient care.
“As a national leader focused on improving the health of our communities, Mr. Amarain’s expertise will add to the system’s excellence that is critical to our success,” said Dr. Anderson. “Mr. Amarain brings outstanding financial experience in developing growth, providing acute technical acumen to his financial oversight, and identifying areas for integrated acquisitions that improve the system’s financial health. We are excited for him to join our team in the next phase of the system’s life cycle.”
The group was formed from the practitioners of RWJBarnabas Health and Rutgers Health Group, a faculty practice of Rutgers-employed physicians, dentists, psychologists, nurses, pharmacists, and other health care professionals. Mr. Amarain is charged with directing and supporting the financial operations of this multi-specialty physician practice and will be responsible for working closely with both management teams to drive the financial vision for a successful integration.
Joining most recently from Northwell Health where he was Vice President of Finance, Mr. Amarain has an accomplished track record of collaboration across a broad set of stakeholders. During his nine years with the organization, Mr. Amarain more than tripled revenue budget growth and drove the expansion of employed physicians more than five-fold.
Prior to Northwell Health, Mr. Amarain served in leadership and consultancy roles across more than 20 years in health care finance, including time at the New York City-based Continuum Health Partners and as a consultant for PriceWaterhouseCoopers, LLP to national health care systems, such as Covenant Health Systems, NYU Medical Center, the Dana Farber Cancer Institute, and Stanford Medical Center. Mr. Amarain holds a bachelor’s degree from St. John’s University in Queens, NY and attended the Academy for Healthcare Leadership Advancement at Cornell University.
“The Combined Medical Group is at an exciting and pivotal time as this partnership seeks to lead health care delivery and innovation in New Jersey and the region,” said Mr. Amarain. “I look forward to bringing my experience and leadership to this role to not only drive the financial and strategic goals of the Group, but also to support advancing New Jersey’s health through innovation in our medical practice and physician leadership.”
ABOUT RWJBarnabas Health
RWJBarnabas Health is the largest, most comprehensive academic health care system in New Jersey, with a service area covering nine counties with five million people. The system includes eleven acute care hospitals – Clara Maass Medical Center in Belleville, Community Medical Center in Toms River, Jersey City Medical Center in Jersey City, Monmouth Medical Center in Long Branch, Monmouth Medical Center Southern Campus in Lakewood, Newark Beth Israel Medical Center in Newark, RWJUH in New Brunswick, RWJUH Somerset in Somerville, RWJUH Hamilton, RWJUH Rahway and Saint Barnabas Medical Center in Livingston; three acute care children’s hospitals and a leading pediatric rehabilitation hospital with a network of outpatient centers, a freestanding 100-bed behavioral health center, two trauma centers, a satellite emergency department, ambulatory care centers, geriatric centers, the state’s largest behavioral health network, comprehensive home care and hospice programs, fitness and wellness centers, retail pharmacy services, a medical group, multi-site imaging centers and an accountable care organization.
RWJBarnabas Health is New Jersey’s largest private employer – with more than 33,000 employees, 9,000 physicians and 1,000 residents and interns – and routinely captures national awards for outstanding quality and safety. RWJBarnabas Health recently announced a partnership with Rutgers University to create New Jersey’s largest academic health care system. The collaboration will align RWJBarnabas Health with Rutgers’ education, research and clinical activities, including those at the Rutgers Cancer Institute of New Jersey - the state's only NCI-designated Comprehensive Cancer Center - and Rutgers University Behavioral Health Care.
About Rutgers University
Rutgers, The State University of New Jersey, is a leading national research university and New Jersey’s preeminent, comprehensive public institution of higher education. Established in 1766, the university is the eighth-oldest higher education institution in the United States. Approximately 69,000 students and 22,500 faculty and staff learn, work and serve the public at Rutgers University-New Brunswick, Rutgers University-Newark, Rutgers University-Camden, and Rutgers Biomedical and Health Sciences and at additional locations across New Jersey and around the world.
Rutgers Biomedical and Health Sciences (RBHS) takes an integrated approach to educating students, providing clinical care, and conducting research, all with the goal of improving human health. Aligned with Rutgers University-New Brunswick and collaborating university-wide, RBHS includes eight schools, a behavioral health network, and six centers and institutes that focus on cancer treatment and research, neuroscience, advanced biotechnology and medicine, environmental and occupational health, health care policy and aging research, and translational medicine and science.
Contact: Lina Allocca
973-322-4393