Fios 1 News: Hospital Networks Sign Definitive Agreement for Merger
May 12, 2015 03:02 PM
Meridian Health and Hackensack University Health Network announced that they have signed the definitive agreement for the two health systems to merge and become Hackensack Meridian Health. The agreement follows nearly seven months of due diligence
during which time a thorough review of clinical, regulatory, service, and financial issues occurred. The merger still requires state and federal regulatory clearance, which the health systems expect within the next nine to twelve months. Both health networks refer to the merger as historic.