Hackensack University Medical Center teaming up to form N.J.’s largest hospital network
October 16, 2014, 9:06 AM Last updated: Thursday, October 16, 2014, 11:41 PM
By MARY JO LAYTON and LIN
Hackensack University Medical Center and its parent company are merging with Meridian Health and its six hospitals in Ocean and Monmouth counties to create the state’s largest hospital network.
The new organization, to be called Hackensack Meridian Health, will employ 23,400 people and have more than $3.4 billion in revenues, eclipsing Barnabas Health, currently the state’s largest health care system.
The “combined organization would serve a much broader geography, expanding access to services and developing a vast array of new non-hospital services to conveniently serve area communities,” Robert C. Garrett, president and CEO of Hackensack University Health Network, said. The plan to merge was announced Thursday.
Hackensack and Meridian together admit nearly 135,000 patients annually at nine hospitals and two children’s hospitals. Two additional hospitals are expected to join the network once Meridian’s proposed merger with Raritan Bay Medical Center in Perth Amboy is completed, officials said.
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