The AG must determine if the deal is “in the public interest,” and the Commissioner of Health must determine if the proposed deal “is likely to result in the deterioration of the quality, availability or accessibility of health care services in the affected communities.”  As a merger between two not-for-profit systems with no purchase or sale of assets, the deal was exempt from the Certificate of Need (CN) process with the NJ Department of Health (DOH). Two south Jersey hospital chains announced Thursday they are exploring a merger, a deal that would make them one of the most formidable health care networks in the outer-Philadelphia region. A number of forces, not least Obamacare, are prompting hospitals to consolidate. The network was formed in 2016 by a merger between Hackensack University Medical Center and Meridian Health. RWJBarnabas, one of the state’s largest health care systems, is set to acquire Christ Hospital and Hoboken University Medical Center in a deal that could drastically change the health care landscape in Hudson County. The network was formed in 2016 by a merger between Hackensack University Medical Center and Meridian Health. Trinitas Regional Medical Center and RWJBarnabas Health announced on Thursday it has signed a Letter of Intent (LOI)... Nearly 3 in 4 hospital markets around the U.S. are "highly concentrated," according to a new Healthy Marketplace Index report by the Health Care Cost Institute (HCCI). HPAE members testifed at two public hearings held yesterday to review the proposed merger of the Hackensack University Health Network and Meridian Health. Add “hospital consolidation” to the list of health-care problems on which Democrats want to pressure the Trump administration once they take control of the House in January. [22] The merger is set to be complete within a year. The merger mania reshaping the Philadelphia region’s health care industry over the past few years is evident by the changes at the top of this year’s Philadelphia Business Journal ranking of the region’s largest health systems. The company’s future plan for the 173-bed Willingboro hospital was revealed in documents filed with the New Jersey Attorney General’s Office as part of the agency’s ongoing review of the proposed merger between the two South Jersey health care systems. After the acquisition of JFK Medical Center in Edison, HMH is now the largest healthcare provider in New Jersey.[1][2]. Hackensack Meridian Health (HMH) is a network of healthcare providers in New Jersey, based out of Edison. HMH agreed to invest $400 million into the facility. Cooper University Health Care said Friday it "will no longer pursue the acquisition" of Our Lady of Lourdes Medical Center and other assets of a Catholic-run health system. South Jersey leaders are cautiously optimistic about the plans of a healthcare facility group to revitalize a long-struggling Salem County hospital. The merger was finalized on June 21, 2016 and went into effect on July 1, 2016. Hackensack University Medical Center (HUMC) was a subsidiary of the Hackensack University Health Network, Inc. (HUHN) There were three other first-level subsidiaries, two co-owned (with LHP Hospital Group, Inc., forming Montclair Health System, LLC) subsidiaries (Pascack Valley and Mountainside), and then HUMC had five subsidiary facilities. "[28], Hackensack University Medical Center North at Pascack Valley, "Hackensack Meridian now N.J.'s largest hospital chain", "Central Jersey hospital to announce merger plans", "The Connected Communicator: Robert Garrett, President and CEO of Hackensack University Medical Center", "NorthJersey.com: ER returns to Westwood hospital", "Meridian Merges with Raritan Bay Health Services", "Meridian, Hackensack push hospital merger", "Southern Ocean Medical Center's Parent Company to Absorb Raritan Bay Medical Center | The SandPaper", "Meridian Health Announces Plans to Merge with Raritan Bay Medical Center", "Meridian Health, Raritan Bay Medical Center agree to explore merger", "Hospital merger OK'd between Meridian, Raritan Bay", "Hackensack, Meridian Merger Yields NJ's 2nd Largest Hospital System", "For Hackensack Meridian, Carrier Clinic merger is just the start", "Hackensack Meridian Health, Carrier Clinic merge to improve behavioral health", "Hackensack Meridian Health, Carrier Clinic merger: Projects announced throughout NJ", "Hackensack Meridian Health, Carrier Clinic complete merger", "Basic Information on The Merger Process between Englewood Hospital & Medical Center and Hackensack Meridian Health", "Englewood, Hackensack Meridian Hospitals Announce Merger", "Hackensack Meridian Health announces yet another hospital merger", "Hackensack Meridian Health commits $400M to Englewood Health in proposed merger", "Hackensack Meridian Health plans acquisition of Englewood Health", "Hackensack Meridian To Run Urgent Care Center At American Dream", "HACKENSACK MERIDIAN HEALTH NAMED OFFICIAL HEALTH CARE PARTNER OF AMERICAN DREAM", "New Jersey Hospital System Hit by Cyberattack", "Hackensack Meridian health network confirms ransomware attack last week", "Hackensack Meridian Health pays attackers to thwart ransomware incident", "Hospitals in New Jersey | Meridian Hospitals | New Jersey Hospitals", Middlesex County Vocational and Technical Schools, Short Hills Battlefield Historic District, Thomas Alva Edison Memorial Tower and Museum, https://en.wikipedia.org/w/index.php?title=Hackensack_Meridian_Health&oldid=988362373, Companies based in Middlesex County, New Jersey, Health care companies based in New Jersey, Articles with unsourced statements from October 2020, Creative Commons Attribution-ShareAlike License, Flagship of Hackensack Meridian Health, ranked #2 in NJ, Flagship of former Meridian Health, ranked #5 in NJ, This page was last edited on 12 November 2020, at 18:32. 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