One of those deals is the proposed merger of Hackensack (N.J.) University Health Network and Neptune, N.J.-based Meridian Health. If the merger between Hackensack University Health Network and Meridian Health is completed, the system would include 11 hospitals and have 26.3 percent of net patient revenue and 23.8 percent of admissions in New Jersey’s six central counties, according to a NJ Spotlight report that cited a report by the Robert Wood Johnson Foundation published this week.
Another transformative deal is the proposed partnership between Robert Wood Johnson Health System, which has flagship hospital campuses in New Brunswick, N.J., and Somerset, N.J., and Barnabas Health, based in West Orange, N.J. If this partnership were to become a full-blown merger, the combined entity would have 32.6 percent of admissions in central New Jersey and 21.9 percent of admissions in the northern part of the state, according to the report.
Health systems in New Jersey are considering joining forces for many of the same reasons systems in other states are, such as to gain leverage in negotiations with insurers, to manage large populations of residents, and to combine resources to make it easier to invest in health IT, according to the report.
More articles on healthcare industry transactions:
San Gorgonio Memorial Hospital in exclusive affiliation discussions
23 hospital transactions and partnerships in May
Lehigh Valley Health Network to merge with another Pennsylvania system
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