Hackensack Medical Center has deal to merge with Meridian Health

Hackensack University Medical Center and its parent company have signed a definitive agreement with Meridian Health for 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, would create a system with 11 hospitals and two children’s hospital from Bergen to Ocean counties and a massive network of outpatient services including surgery centers, rehab facilities, primary and …read more

Source: North Jersey

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