Hackensack University Health Network, Meridian Health to Merge
Hackensack University Health Network and Meridian Health have signed a memorandum of understanding to consider merging and creating the largest health system in New Jersey, announced Meridian Health.
This new entity would be named Hackensack Meridian Health. Each organization would have equal representation on the board and would include co-presidents and CEOs.
This signing of the memorandum of understanding will now enter a period of due diligence, which could take up to four months prior to the signing of a definitive agreement.