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Hackensack Medical Center has deal to merge with Meridian Health

MAY 12, 2015, 2:24 PM LAST UPDATED: TUESDAY, MAY 12, 2015, 5:07 PM
BY MARY JO LAYTON
STAFF WRITER |
THE RECORD

Hackensack University Medical Center and its parent company have signed a definitive agreement with Meridian Health to merge the two systems to merge, a deal that will create the state’s largest hospital network.

The new organization, to be called Hackensack Meridian Health, will employ more than 23,000 people and have more than $3.4 billion in revenues, eclipsing Barnabas Health, currently the state’s largest health care system.

The deal, which is undergoing regulatory review, will create a system with 11 hospitals and two children’s hospitals from Bergen to Ocean counties and a large network of outpatient services, including surgery centers, rehab facilities and cancer care.

“This will be a game changer in health care,” said Robert C. Garrett, president and CEO of Hackensack University Health Network.

https://www.northjersey.com/news/hackensack-medical-center-has-deal-to-merge-with-meridian-health-1.1332193

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.

– See more at: https://www.northjersey.com/news/hackensack-university-medical-center-announces-merger-with-meridian-health-1.1110859#sthash.NqSm9Ghm.dpuf