Hackensack Meridian Health and JFK Health Sign Definitive Agreement to Merge

Today, the boards of trustees of JFK Health and Hackensack Meridian Health announced that the two not-for-profit health networks signed a definitive agreement to merge. The agreement follows more than five months of due diligence where a thorough review of clinical, regulatory, service, and financial issues occurred. The agreement now undergoes regulatory review with the state Attorney General and the Federal Trade Commission. (Note: The press release was distributed over the wire on Tuesday afternoon, resulting in 216 pick-ups and reaching a potential audience of 11,624,266.)