We introduce a dynamical system that instead of exchanging a single photon as in the atomic system of the usual Jaynes-Cummings model (JCM), it exchanges instead a squeezed coherent photon. Accordingly, the creation and annihilation photon operators in the JCM are replaced by the creation and annihilation operators of squeezed coherent states, respectively. This transformation generates a photon Hamiltonian that modifies the JCM that includes terms usually omitted in the JCM when making the rotating-wave approximation and, in addition, the transformation introduces atom exchange terms absent in the JCM.