Hack­en­sack Merid­ian and JFK Health merger fo­cuses on pop­u­la­tion health

Modern Healthcare - - REGIONAL NEWS - - Alex Kacik

Hack­en­sack Merid­ian Health and JFK Health signed a de­fin­i­tive agree­ment to merge last week, cre­at­ing a

com­bined en­tity with 15 hos­pi­tals through­out New Jersey.

The deal, pend­ing govern­men­tal and reg­u­la­tory re­view, would com­bine the Hack­en­sack Merid­ian sys­tem and JFK Health’s not-for-profit hos­pi­tal in an ef­fort to ex­pand pa­tient ac­cess and de­liver bet­ter out­comes by fo­cus­ing on pop­u­la­tion health, ac­cord­ing to the com­pa­nies. Fi­nan­cial terms of the deal were not dis­closed. Both or­ga­ni­za­tions are based in Edi­son, N.J.

The merger will help Hack­en­sack Merid­ian bol­ster its am­bu­la­tory net­work that al­ready spans a va­ri­ety of spe­cial­ties across 120 cen­ters, which is the “fu­ture of health­care,” said John Lloyd, co-CEO of Hack­en­sack Merid­ian Health. Fewer pa­tients are go­ing to hos­pi­tals and in­stead choos­ing out­pa­tient fa­cil­i­ties where they can get more af­ford­able and ef­fi­cient treat­ment, he said.

Hack­en­sack and JFK ex­ec­u­tives say the com­bined share of the com­pa­nies’ am­bu­la­tory and home health­care net­works will al­low them to re­duce costs and im­prove qual­ity by bundling care.

The com­bined en­tity would employ more than 33,000 team mem­bers and 7,000 physi­cians on staff.

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