Health Research and Educational Trust of New Jersey
The Health Research and Educational Trust of New Jersey engages in research and educational activities that support healthcare providers in delivering accessible, affordable and quality care and in fostering wellness in their communities. HRET promotes healthcare improvement strategies through scientific research and quality educational initiatives and resources, often partnering with federal and state agencies, corporations, hospitals and other healthcare providers. HRET oversees two major healthcare quality endeavors:
- The NJHA Institute for Quality and Patient Safety, which provides statewide leadership in bringing together large groups of healthcare providers in a collaborative model to tackle specific healthcare challenges, such as reducing pre-term births or preventing healthcare-associated infections. The Quality Institute has been named a recognized "patient safety organization" by the federal government , in recognition of its leadership in quality improvement – especially in the collection and analysis of data used to measure quality improvement results.
- NJHA's Partnership for Patients initiative. HRET was one of just 26 organizations nationwide selected by the federal government to be a "hospital engagement network" to lead quality improvement efforts among hospitals.
NJHA Healthcare Business Solutions
NJHA Healthcare Business Solutions is a for-profit affiliate committed to helping healthcare providers achieve savings and other benefits that help them deliver quality healthcare at lower costs. HBS helps healthcare organizations manage their supply and operations costs by providing access to an exceptional portfolio of high-quality contracts, benefits and consultative services, without membership fees or mandatory compliance levels.
Healthcare Employees Federal Credit Union
Formed in 1984, the Healthcare Employees Federal Credit Union is a non-profit, member-owned financial cooperative representing more than 23,000 members from 275 healthcare and non-healthcare employers in New Jersey. HEFCU is chartered, insured and regulated by the National Credit Union Administration, a federal agency. www.hefcu.com
HealthPAC is NJHA's political action committee, a voluntary, non-profit, unincorporated association without affiliation to any political party. HealthPAC raises funds that are used to support lawmakers and candidates who understand and are influential in matters significant to New Jersey healthcare providers and their patients.
NJHA Joint Unemployment Compensation Reserve Fund
The NJHA Joint Unemployment Compensation Reserve Fund was created in 1972, the first year that non-profit entities were required by law to provide unemployment insurance coverage. The Fund provides hospitals and non-profit nursing homes with a mechanism to finance unemployment insurance coverage and to provide a claims administration service.
NJHA Insurance Fund
The NJHA Insurance Fund was established in 1964 under a declaration of trust for purchasing group insurance policies to provide benefits for the employees (and their families) of eligible subscribers. The Fund provides group life and accidental death and dismemberment, long-term disability and dental insurance.