On October 15, 2019, the Boards of Trustees of Englewood Health and Hackensack Meridian Health announced they have signed a definitive agreement to merge. This strategic move allows for new and more robust collaborations between the two non-profit systems that extend well beyond an existing clinical and academic affiliation, forged in 2015. The expanded affiliation with Hackensack Meridian’s medical school will enable Englewood to become a tertiary academic hub in the region. In addition, Englewood Health will benefit by Hackensack Meridian Health’s partnerships with other institutions, such as Memorial Sloan Kettering Cancer Center and Carrier Clinic, a large behavioral health provider organization in New Jersey.
Following regulatory approval of the merger, Hackensack Meridian Health has committed to a $400 million capital investment at Englewood Health. This investment would further position Englewood Health as a tertiary hub in northern New Jersey with a focus on cardiovascular care, neurosciences, oncology, robotic surgery, women’s health and neonatal intensive care, stroke care, thoracic surgery, and an ambulatory care network throughout the region.
The signed deal follows an extensive review of clinical, regulatory, service, and financial issues by the two systems. The deal will undergo regulatory review by the state’s Office of the Attorney General, New Jersey Department of Health, and the Federal Trade Commission before being finalized.
Hackensack Meridian Health is a leading non-profit health care organization, offering a complete range of medical services, innovative research, and life-enhancing care. Hackensack Meridian Health comprises 16 hospitals, including three academic medical centers, two children’s hospitals and nine community hospitals, two rehabilitation hospitals, and 450 physician practices and consumer care locations including surgery centers, home health services, long-term care and assisted living communities, ambulance services, lifesaving air medical transportation, fitness and wellness centers, rehabilitation centers, and urgent care facilities.
Englewood Health is one of New Jersey’s leading hospitals and health care networks. Composed of Englewood Hospital, the Englewood Health Physician Network, and the Englewood Health Foundation, the health system delivers nationally recognized care in a community setting to residents of northern New Jersey and beyond. Englewood Health is deeply committed to serving consumers and the community when, where, and how they need care, and are continually expanding services and enhancing access through the Englewood Health Physician Network. This coordinated network of office-based and hospital-based providers, connected through a single electronic health record, offers primary care and specialty services at more than 100 locations in six counties in New Jersey and New York.
This was reported by Hackensack Meridian Health on October 15, 2019.
Contact information: Hackensack Meridian Health, 343 Thornall Street, Edison, New Jersey 08837, 848-888-4400; Website: www.hackensackmeridianhealth.org
Contact information: Englewood Health, 350 Engle Street, Englewood, New Jersey 07631; 201-894-3000; Website: www.englewoodhealth.org