Hackensack Meridian Health

Hackensack Meridian Health

Nonprofit integrated healthcare network in NJ

Overview

Hackensack Meridian Health is a not-for-profit, integrated healthcare network in New Jersey offering care across 500+ locations, including 18 hospitals, ambulatory centers, home health, and skilled nursing facilities. It provides care across 200+ specialties through coordinated hospital, outpatient, behavioral health, and home-based services, and supports medical education and research through the Hackensack Meridian School of Medicine and the Center for Discovery and Innovation. It differentiates itself as the largest, most comprehensive system in New Jersey following the 2016 merger, with centralized leadership, a broad service mix, a Medicare Advantage plan (Braven Health), and a focus on population health and academic medicine. Its goal is to improve patient outcomes and access by coordinating services, expanding locations, advancing education and research, and shifting toward value-based payment models.

About Hackensack Meridian Health

Simplify's Rating
Why Hackensack Meridian Health is rated
B
Rated A on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Education

Healthcare

Company Size

5,001-10,000

Company Stage

Grant

Total Funding

$41.8M

Headquarters

Edison, New Jersey

Founded

2016

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Simplify's Take

What believers are saying

  • Commuter-centered outpatient access can expand volume from Metropark's high-footfall corridor.[1]
  • AI scheduling across 36,000 employees targets $15 million annual savings.[1]
  • BioVersys licensing can generate royalties from HMH-originated antibiotic discoveries.[3]

What critics are saying

  • Metropark requires sustained patient traffic to justify its $200 million fixed-cost build.[1]
  • AI scheduling at 17 hospitals risks labor pushback, errors, and higher agency reliance.[1]
  • BioVersys development remains early-stage, with high failure risk before any royalty income.[3]

What makes Hackensack Meridian Health unique

  • New Jersey's largest integrated not-for-profit network spans 18 hospitals and 500+ locations.[1][3]
  • HMH combines care delivery, research, and medical education under one statewide platform.[3]
  • Metropark creates the nation's first comprehensive transit-hub healthcare center.[1]

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Funding

Total Funding

$41.8M

Above

Industry Average

Funded Over

3 Rounds

Grant funding comparison data is currently unavailable. We're working to provide this information soon!
Grant Funding Comparison
Coming Soon

Company News

Cystic Fibrosis News Today
Apr 7th, 2026
Bioversys partners with Hackensack to develop antibiotics for NTM treatments.

Bioversys partners with Hackensack to develop antibiotics for NTM treatments. Collaboration targets hard-to-treat infections affecting people with CF Bioversys has entered into an exclusive collaboration and license agreement with Hackensack Meridian Health (HMH) and its Center for Discovery and Innovation to advance a novel class of antibiotics targeting hard-to-treat nontuberculous mycobacteria (NTM) infections, an important concern for people with cystic fibrosis (CF). Under the agreement, the parties will jointly develop novel ansamycin antibiotics that originate from HMH, a not-for-profit healthcare network in New Jersey. HMH will be eligible for upfront and near-term payments, as well as royalties on any future sales. Recommended Reading Partnership expands development of ansamycin antibiotics for NTM. "Early-stage partnerships with leading institutes and health centers from around the world grants us access to the best science to strengthen our Ansamycin Chemistry platform from which we aim to develop new clinical candidates," Marc Gitzinger, CEO at Bioversys, said in a company press release. Bioversys said the deal adds novel ansamycin chemistry and advanced lead molecules developed by a Center for Discovery and Innovation team at HMH in collaboration with the University of Minnesota. Those assets are expected to complement the company's existing ansamycin chemistry platform and expand its pool of orally bioavailable anti-NTM leads. "We are pleased to be working with the team of Profs. Thomas Dick and Véronique Dartois, and the world-renowned Hackensack Meridian Health. This collaboration emphasizes our determination to tackle NTM diseases, which are some of the most difficult bacterial diseases to cure. We strive to bring benefit to vulnerable populations at a higher risk of developing infections, like the 105,000 people known to be living with cystic fibrosis and the [approximately] 400 million patients with chronic obstructive pulmonary disease (COPD)," Gitzinger said. NTM are environmental bacteria (commonly found in soil, dust, and water) that can cause chronic lung infections, particularly in people with underlying lung diseases such as CF, bronchiectasis, and COPD. They are related to the bacteria that cause tuberculosis. "NTM infections remain a 'silent' crisis for patients with chronic lung conditions, who often face grueling, year-long treatments with limited success. By merging our CDI discoveries with BioVersys' clinical expertise, we are moving closer to providing these patients with the potent, oral therapeutic options they have been waiting for," Dick said. "We look forward to bringing our advanced lead molecules to the next stage in this partnership. They are the product of a long and successful collaboration with the group of Dr. Courtney Aldrich and Tian Lan at the University of Minnesota," Dick added. Ansamycin platform produces promising oral anti-NTM leads. Bioversys said its ansamycin chemistry platform has already generated several advanced, highly potent, orally bioavailable broad-spectrum anti-NTM lead molecules with in vitro and in vivo activity. Those lead molecules are now being jointly progressed toward candidate selection with Shionogi as part of the BV500 program. "We are delighted to enter into a partnership with HMH. This collaboration brings together world-renowned experts in antimicrobial research and expands BioVersys' Ansamycin Chemistry platform, supporting the company's commitment to advancing innovative treatments for infectious diseases where there is a clear unmet medical need," said Daniel Ritz, chief scientific officer at Bioversys. CF is characterized by the production of thick, sticky mucus in the lungs and other organs, which makes it easier for hard-to-treat infections to take hold. Research shows that NTM lung infections are rising among CF patients in the U.S. and elsewhere. Patricia Inácio, PhD Patricia holds her PhD in cell biology from the University Nova de Lisboa, Portugal, and has served as an author on several research projects and fellowships, as well as major grant applications for European agencies. She also served as a PhD student research assistant in the Department of Microbiology & Immunology, Columbia University, New York, for which she was awarded a Luso-American Development Foundation (FLAD) fellowship.

Hackensack Meridian Health
Apr 2nd, 2026
Fortune media and Great Place To Work name Hackensack Meridian Health to '100 Best Companies to Work For' in 2026, ranking no. 39.

Fortune media and Great Place To Work name Hackensack Meridian Health to '100 Best Companies to Work For' in 2026, ranking no. 39. Published: April 2, 2026 Hackensack Meridian Health, New Jersey's largest and most comprehensive health network, is proud to announce that the network has been recognized as one of the Fortune 100 Best Companies to Work For(R) in 2026 by Great Place To Work(R) and Fortune magazine. This is Hackensack Meridian Health's second consecutive year being named to this prestigious list, and the first year named to the top 40. The network is one of only ten health care organizations that made the list, and it is the highest-ranked health care organization in New Jersey. Earning a spot means that Hackensack Meridian Health is one of the best companies to work for in the country. The 100 Best Companies to Work For list honors companies that build a high-trust workplace environment, measured through Great Place To Work's proprietary survey platform. Great Place To Work selected the 100 Best list by gathering and analyzing more than 1.3 million confidential survey responses in 2025, representing the experiences of more than 7.3 million U.S. employees. Only companies with consistently high survey responses that comprise the Trust Index(TM) Survey are honored with placement on the list. "Being named among the top 40 companies on the Fortune 100 Best Companies to Work For list is a direct reflection of the extraordinary dedication, talent, and compassion of our world-class team members," said Robert C. Garrett, FACHE, chief executive officer, Hackensack Meridian Health. "This recognition is only possible because of the strong, patient-focused culture grounded in our mission to deliver the highest quality care to the patients we serve. I'm incredibly proud of the positive work environment we've built together and remain committed to continuing to foster a strong and aligned culture of caring for our patients and for one another." The Fortune 100 Best Companies to Work For List is highly competitive. Companies are only considered for the list if they are a Great Place to Work Certified(TM) organization with 1,000 or more employees in the U.S. Companies are assessed on their ability to create a great employee experience that cuts across job level, business unit, race, gender, age, disability status, or any aspect of employee identity. Earning a spot on the list is an important indicator of overall company performance. Companies on the 100 Best list consistently outperform the market and exceed their competitors on key business measures like retention and innovation. "Fortune is proud to collaborate with Great Place To Work for the 29th year to recognize the 100 Best Companies to Work For," says Alyson Shontell, Fortune editor-in-chief and chief content officer. "Amid a fast-evolving workplace landscape, employees said these organizations continue to set the standard for cultures built on trust, innovation, and care for their people. Congratulations to all who earned a place on this year's list." In addition to ranking #72 on last year's 100 Best Companies to Work For list, Hackensack Meridian Health was also named #4 on Fortune's Best Places to Work in Healthcare list, securing a spot for the second year in a row. The network has also been named to Fortune's Best Workplaces for Women list in 2024 and 2025, and has been recognized as a Certified Great Place to Work for ten years in a row.

AllSci
Mar 31st, 2026
BioVersys and Hackensack Meridian Health partner on novel ansamycin molecules for non-tuberculous mycobacteria.

BioVersys and Hackensack Meridian Health partner on novel ansamycin molecules for non-tuberculous mycobacteria. March 31, 2026 Novel ansamycin small molecules developed at New Jersey's Hackensack Meridian Health's Center for Discovery and Innovation are moving into joint profiling and development under an exclusive collaboration and license agreement with BioVersys AG (SIX: BIOV). The deal targets non-tuberculous mycobacteria, a class of environmental pathogens responsible for difficult-to-treat pulmonary disease in patients with cystic fibrosis, bronchiectasis, and COPD. BioVersys, a Basel-based clinical-stage biopharmaceutical company focused on MDR bacteria antibacterial drug development, will assume development responsibilities while Hackensack Meridian Health receives upfront and near-term payments plus royalties on future sales. Financial terms were not disclosed. Deal context. The ansamycin candidates originate from research conducted by Dr. Thomas Dick and Dr. Véronique Dartois at HMH's Center for Discovery and Innovation, developed in collaboration with Dr. Courtney Aldrich at the University of Minnesota. The molecules are described by the company as orally bioavailable small molecules with in vitro and in vivo activity against NTM pathogens. Ansamycins as a class act on bacterial RNA polymerase, the enzyme responsible for transcription; the archetypal member, rifampicin, is a cornerstone of tuberculosis therapy but lacks reliable activity against NTM species including Mycobacterium abscessus and Mycobacterium avium complex due to intrinsic resistance. The HMH-originated candidates are described as structurally novel derivatives designed to address that resistance gap. NTM pulmonary disease affects approximately 250,000 people annually, predominantly in North America and Asia. Treatment requires prolonged multi-drug regimens lasting at least 12 months, and cure rates for NTM lung disease are reported as low as 30-50%. For Mycobacterium abscessus specifically, no therapy of predictable efficacy exists, and the pathogen carries mortality rates reported at up to 50%. The incidence of NTM infections among people with cystic fibrosis has risen from 3.3% to 22.6% in recent years, with Mycobacterium abscessus becoming more prevalent in that population. The BioVersys ansamycin collaboration with HMH extends a platform the company has been building through research teams in Basel and Lille, France. BioVersys states that its internal Ansamycin Chemistry platform has already produced orally bioavailable broad-spectrum anti-NTM lead candidates with in vitro and in vivo activity. The HMH molecules are described as synergistic with that existing pool, adding novel chemical matter and expanding the range of structural series available for candidate selection. The deal also permits development of antimicrobial agents beyond NTM, though no specific additional indications are named in the announcement. BioVersys' broader pipeline provides context for where this discovery-stage program sits. The company's most advanced asset, BV100, is in Phase III for nosocomial infections caused by Acinetobacter baumannii. Its tuberculosis candidate alpibectir is in Phase II in collaboration with GlaxoSmithKline and a University of Lille consortium. The NTM program, designated BV500, sits earlier in development and is the subject of a separate global research collaboration with Shionogi, under which advanced leads are being progressed toward candidate selection. The HMH agreement feeds additional chemical matter into that same pipeline, enlarging the pool of candidates available before a development candidate is nominated. HMH is a not-for-profit health network comprising 18 hospitals and more than 500 care locations across New Jersey. Its Center for Discovery and Innovation houses more than 34 laboratories and over 200 researchers focused on cancer, infectious diseases, and other conditions. The CDI's involvement in antibiotic discovery, particularly through the Dick and Dartois laboratories, represents a research focus that has produced compounds now entering industry-partnered development through this agreement. Your email address will not be published. Required fields are marked *

BEAM Alliance
Mar 31st, 2026
BioVersys strengthens ansamycin platform and NTM research through collaboration and license agreement with Hackensack Meridian Health.

BioVersys strengthens ansamycin platform and NTM research through collaboration and license agreement with Hackensack Meridian Health. 31 March 2026 - BioVersys Basel, Switzerland. March 31, 2026, 7am CEST. * BioVersys strengthens its Ansamycin Chemistry platform and research on tackling difficult-to-treat non-tuberculous mycobacteria (NTM) diseases. * BioVersys joins forces with Hackensack Meridian Health (HMH) and their Center for Discovery and Innovation (CDI) to advance ansamycin antimicrobial candidates through an exclusive collaboration and license agreement. * HMH is a leading US not-for-profit health care network, and the largest in New Jersey. * NTMs are ubiquitous environmental bacteria, predominately causing morbidity and death in those with long-term lung conditions, like bronchiectasis or cystic fibrosis and requiring long-term antibiotic combination treatments. BioVersys AG (SIX: BIOV), a multi-asset, clinical stage biopharmaceutical company focusing on research and development of novel antibacterial products for serious life-threatening infections caused by multi-drug resistant (MDR) bacteria, announced today, that it has entered into an exclusive ansamycin drug discovery collaboration and license agreement with Hackensack Meridian Health (HMH), the parties will jointly profile and develop ansamycin candidates coming from HMH. HMH is eligible to receive an upfront and near-term payments as well as royalties on future sales. BioVersys' proprietary Ansamycin Chemistry platform has been developed through its research teams in Lille (France) and Basel (Switzerland) and has already produced several advanced, highly potent and orally bioavailable broad-spectrum anti-NTM lead candidates with in vitro and in vivo activity that are now jointly progressed towards candidate selection with Shionogi as part of the BV500 program. The addition of novel ansamycin chemistry and advanced lead molecules developed by the group of Dr. Thomas Dick and Dr. Véronique Dartois at HMH's Center for Discovery and Innovation (CDI) in collaboration with their partner Dr. Courtney Aldrich at the University of Minnesota, further strengthens and is synergistic with BioVersys' Ansamycin Chemistry platform and the pool of potently active orally bioavailable anti-NTM leads, while also allowing for development of additional antimicrobial agents. Dr. Marc Gitzinger, CEO at BioVersys: "Early-stage partnerships with leading institutes and health centers from around the world grants us access to the best science to strengthen our Ansamycin Chemistry platform from which we aim to develop new clinical candidates. We are pleased to be working with the team of Profs. Thomas Dick and Véronique Dartois, and the world-renowned Hackensack Meridian Health. This collaboration emphasizes our determination to tackle NTM diseases, which are some of the most difficult bacterial diseases to cure. We strive to bring benefit to vulnerable populations at a higher risk of developing infections, like the 105'000 people known to be living with cystic fibrosis[1] and the ~400 million patients with chronic obstructive pulmonary disease[2] (COPD)." Dr. Ihor Sawczuk, President of Research, Academics, and Innovation at Hackensack Meridian Health: "This partnership has huge potential for a growing health problem, and the CDI's breakthroughs are complemented perfectly by the aptitude of BioVersys." Dr. David Perlin CSO and EVP at Hackensack Meridian Center for Discovery and Innovation: "The ingenuity and expertise of Drs. Dick and Dartois is uniquely poised to tackle this critical infectious disease problem. It's an example of Hackensack Meridian Health and the CDI leveraging its considerable talent to drive a new standard of care forward." Dr. Daniel Ritz, CSO at BioVersys: "We are delighted to enter into a partnership with HMH. This collaboration brings together world-renowned experts in antimicrobial research and expands BioVersys' Ansamycin Chemistry platform, supporting the company's commitment to advancing innovative treatments for infectious diseases where there is a clear unmet medical need." Dr. Thomas Dick, Professor at Hackensack Meridian School of Medicine: "NTM infections remain a 'silent' crisis for patients with chronic lung conditions, who often face grueling, year-long treatments with limited success. By merging our CDI discoveries with BioVersys' clinical expertise, we are moving closer to providing these patients with the potent, oral therapeutic options they have been waiting for. We look forward to bringing our advanced lead molecules to the next stage in this partnership. They are the product of a long and successful collaboration with the group of Dr. Courtney Aldrich and Tian Lan at the University of Minnesota." Full PR available here BEAM Alliance (C) 2026

PR Newswire
Jan 27th, 2026
Hackensack Meridian Health and Lumeris expand value-based care partnership to Traditional Medicare after saving $40M

Lumeris and Hackensack Meridian Health have expanded their value-based care partnership to include Traditional Medicare through the Medicare Shared Savings Program ACO. The collaboration builds on their existing work with commercial and Medicare Advantage patients across HMH's Clinically Integrated Network. The HMH ACO comprises over 700 doctors serving approximately 46,200 patients. In 2024, the organisation achieved $40 million in healthcare savings with an 87.27% quality score from CMS, earning over $18 million in shared savings. Previous HMH ACO groups saved more than $247 million between 2012 and 2021. Lumeris will support the programme with its AI-powered Tom platform, enabling performance tracking and workflow management. The expansion aims to improve care coordination whilst reducing avoidable utilisation and administrative burden for Medicare beneficiaries across New Jersey.

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