Member News – Hackensack Meridian Health
November 22nd, 2016
Hackensack Meridian Health and JFK Health announced an executive Letter of Intent (LOI) between the organizations regarding a potential affiliation.
The two companies came to an agreement on an affiliation after reviewing many factors that would benefit both. The proposed transaction would build upon the strengths of JFK Health and Hackensack Meridian Health. It would be aligned with JFK Health’s not-for profit mission and its goal to keep the community healthy.
“We share a culture and vision for the future of health care that reinforces JFK Health’s role in the community,” said Raymond Fredericks, President, and CEO, JFK Health. “Along with Hackensack Meridian Health, we will enhance our delivery of top-quality, coordinated patient care to our diverse community. We are proud of the more than 20-year relationship we have with Meridian successfully running Home Care and Satellite Rehabilitation facilities.”
Hackensack Meridian Health and JFK Health, two not-for-profit health care providers share a common mission and service, “JFK Medical Center has established itself as one of the leading health care providers in central New Jersey,” said John K. Lloyd, co-CEO of Hackensack Meridian Health. “JFK shares with us the common goal of providing an expansive continuum of care. With the addition of JFK Medical Center, we can look forward to ultimately enhancing our network and serving more people. We are appreciative of the thoughtful consideration given to this endeavor by President and CEO Raymond Fredericks and the JFK Board led by Michael Kleiman, D.M.D.”
About Hackensack Meridian Health
Hackensack Meridian Health is a leading not-for-profit health care organization that is the most comprehensive and truly integrated health care network in New Jersey, offering a complete range of medical services, innovative research and life-enhancing care. Hackensack Meridian Health is a distinguished leader in health care philanthropy, committed to the health and well-being of the communities it serves.