Moody’s makes positive upgrade to HackensackUMC

September 9, 2016

Hackensack Meridian Health is pleased to report that Moody’s Investors Service has upgraded the long-term rating on Hackensack University Medical Center to A2 from A3. The outlook remains positive.

“Hackensack University Medical Center has worked hard to ensure a positive and stable financial future, demonstrating fiscal responsibility while also investing in the health care of tomorrow,” said Robert C. Garrett, co-CEO of Hackensack Meridian Health. “We are pleased that this new Moody’s upgraded rating, in combination with the recent Standard & Poor’s Global Ratings upgrades, reflects Hackensack Meridian Health’s strength and vitality as a combined network.”

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