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Hackensack Meridian Health, JFK Health sign definitive agreement to merge

The boards of trustees of Edison, N.J.-based JFK Health and Hackensack Meridian Health, also in Edison, signed a definitive agreement to merge the two health systems following five months of due diligence. The transaction is subject to regulatory approval. If the merger is successful, the combined entity will consist of a total of 15 hospitals and academic medical centers, along with a network of physician practices, ambulatory surgery centers, assisted living facilities and outpatient centers, among other health facilities. The merged entity will employ a staff of more than 33,000 individuals and more than 7,000 physicians. The organizations first revealed plans to affiliate in November 2016.

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