Hackensack Meridian Health Named to Becker’s Hospital Review ‘10 Health Systems with Strong Finances’

Hackensack Meridian Health, New Jersey’s largest and most integrated and comprehensive health network, was named by Becker's Hospital Review as one of 10 health systems with strong finances. Becker’s Hospital CFO Report recognizes health systems with a strong financial profile and solid operational metrics according to credit ratings reports including Fitch Ratings, Moody’s Investors Service and S&P Global Ratings.

“Hospitals across the nation and globe have been severely impacted by the COVID-19 pandemic, including Hackensack Meridian Health, which was at the epicenter of the pandemic in New Jersey and treated more COVID-19 patients than any health network in the state,” said Robert C. Garrett, FACHE, chief executive officer of Hackensack Meridian Health. “Hackensack Meridian has performed well in these unprecedented times, maintaining our very strong bond ratings from leading agencies like Standard & Poor’s Ratings and Fitch Ratings.”

According to Becker’s Hospital CFO Report, the network received an “AA-” rating and stable outlook from both Fitch Ratings and S&P. In addition, according to Fitch, Hackensack Meridian Health has a solid financial profile and a strong market position across a large service area. The credit rating agency also anticipates the network will have a strong operating performance following the COVID-19 pandemic.

“We are thrilled to be recognized by Becker’s Hospital Review for our strong finances,” continued Garrett. “We look forward to continuing to provide exceptional patient care, increase access to compassionate care, and expand our services to improve our outstanding quality indicators.”