Hackensack Meridian Health

Name

Hackensack Meridian Health

Legal name

Hackensack Meridian Health, Inc.

Website

https://hackensackmeridianhealth.org

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

5,001–10,000 employees

Ownership category

akta.pro rank

Product category

Integrated Hospital Healthcare Network

NAICS

Health Care and Social Assistance (62), Ambulatory Health Care Services (621), Other Ambulatory Health Care Services (6219)

SIC

Services-General Medical & Surgical Hospitals, Nec (8062), Services-Health Services (8000), Services-Nursing & Personal Care Facilities (8050)

akta.pro primary industry

Hospitals, Clinics & Charitable Healthcare Providers (BPAGACAB)

akta.pro secondary industries

Primary Care & General Medicine Virtual Care (HLALAAAA), Skilled Nursing Facilities (SNF) (HLAFAFAB)

Keywords

• Integrated hospital network
• Acute care services
• Cancer treatment center
• Pediatric hospital care
• Behavioral health services

Headquarters

HQ city

Edison

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Infrastructure, Operations, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Patient Care Services: Acute care hospital services, outpatient care, emergency services, diagnostic services, and physician services billed to patients and insurance providers. Core revenue driver for the nonprofit health system.
2. Health Foundation Donations: Philanthropic contributions through Hackensack Meridian Health Foundation supporting hospital programs, services, and network-wide initiatives including nursing, children's health, behavioral health, school of medicine, and Center for Discovery and Innovation.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels6 records

Core offering

Hackensack Meridian Health operates New Jersey's largest integrated nonprofit health network, delivering acute, specialty, ambulatory, and virtual care through 18 hospitals and 500+ care locations. Core services span cancer care, heart care, children's health, neurology, orthopedics, behavioral health, rehabilitation, and primary care, supported by an Epic electronic medical record and AI-powered digital tools. Revenue is generated through insurance-billed patient care services supplemented by philanthropic donations to the Hackensack Meridian Health Foundation.

Product overview

Hackensack Meridian Health operates as New Jersey's largest integrated healthcare network with 18 hospitals, 500+ care locations, and 40,000+ team members. The health system offers comprehensive care through its hospital network including Hackensack University Medical Center (NJ's only Top 20 national hospital), John Theurer Cancer Center (NCI-designated), and two #1 ranked children's hospitals. Digital health offerings include HMH Well/MyChart patient portal (Epic-powered), HMH 24/7 virtual care app (K Health AI), and Ekam generative AI for clinical documentation. Specialized services span cancer care, pediatrics, behavioral health (Carrier Clinic), neuroscience, heart care, orthopedics, and research through the Center for Discovery and Innovation. The system continues expanding access through Health & Wellness Centers and urgent care facilities.

Differentiator

Problem solved

Functional benefit

Brands

• HMH 24/7: Virtual primary care app integrating AI-powered virtual consultations with in-person medical visits using the same electronic medical records system.
• Project HEAL
• Tackle Kids Cancer
• HMH Emerge Program
• Urgent Care PLUS

Products and services

• HMH Well/MyChart Patient Portal Epic-powered patient portal allowing patients across the Hackensack Meridian Health network to access health records, view test results, read physician notes, schedule appointments, and pay bills. Available as the HMH Well mobile app on iOS and Android.
• HMH 24/7 Virtual Care 24/7 virtual primary care application powered by K Health's AI chatbot, providing on-demand virtual consultations integrated with in-person care across the Hackensack Meridian Health network through a shared Epic electronic medical record system for seamless care continuity.
• John Theurer Cancer Center New Jersey's only NCI-designated cancer center, ranked #37 nationally and #1 in NJ, with a network of 1,200+ oncologists, researchers, and clinicians. Provides specialized cancer treatment with access to 350+ ongoing clinical trials and genetic testing.
• Hackensack Meridian Children's Health Pediatric care network encompassing Joseph M. Sanzari Children's Hospital and K. Hovnanian Children's Hospital, both ranked #1 in New Jersey for five consecutive years. Provides nationally recognized pediatric care across multiple specialties including oncology, behavioral health, and developmental services.
• Carrier Clinic Behavioral Health Inpatient behavioral health facility in Belle Mead, NJ with the largest pediatric/adolescent inpatient behavioral health unit affiliated with a children's hospital in New Jersey (52 beds total). Provides mental health, addiction, and psychiatric services across all acuity levels.
• Health & Wellness Center at Metropark Nation's first comprehensive health and wellness center located at a major transit hub, offering advanced imaging, urgent care, primary care, specialty care, retail pharmacy, physical therapy, rehabilitation, and phlebotomy services. Part of a $200 million investment serving 60,000 monthly commuters at Metropark Station.

Quantifiable outcome

• 17,000+ clinical summaries generated by AI tools
• +5 more outcomes

Named customers4 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability8 records

Feature3 records

Partnerships

13 partnerships are on record, tiered core, minor and flagship.

• Quest DiagnosticscoreStrategic or Co-development Partner · 18 June 2026Joint research published in Nature Communications on drug-resistant bacteria causing UTIs. Study screened 2,000+ patient samples across 42 states finding 69.5% non-susceptibility to common oral antibiotics.
• Georgian Court UniversitycoreStrategic or Co-development Partner · 8 June 2026Psychiatric care collaborative agreement at Ocean University Medical Center to expand student access to psychiatric services and strengthen on-campus mental health support for students.
• Health Action Alliance (Mercer/The Hartford)minorGTM or Marketing Partner · 15 April 2026Founding member of Extreme Weather + Work initiative to help employers prepare workers for extreme weather-related disruptions.
• BioVersys AGcoreStrategic or Co-development Partner · 31 March 2026Exclusive collaboration and license agreement to advance ansamycin antimicrobial candidates targeting non-tuberculous mycobacteria diseases. HMH researchers contribute novel chemistry and lead molecules while receiving upfront, near-term, and royalty payments.
• Choose New JerseycoreGTM or Marketing Partner · 4 March 2026HMH Emerge Program joint initiative to help global health tech startups scale U.S. operations in New Jersey. Second year of program with winners Directed Systems, Biobeat, and Quanbio.
• NueHealthminorChannel Partner/ Reseller/ Distributor · 29 January 2026ASC management partnership for Hackensack Musculoskeletal Surgery Center in New Jersey.
• NYNJ Host Committee (FIFA World Cup 2026)flagshipGTM or Marketing Partner · 8 December 2025Official Hometown Hospital providing medical support for World Cup matches at MetLife Stadium. Partnership includes community health investments, legacy sports fields, and human trafficking prevention initiatives.
• DELFI DiagnosticsminorStrategic or Co-development Partner · 4 December 2025Partnership funded by Healthcare Improvement grant from Eli Lilly and Company to evaluate FirstLook Lung blood test for improving lung cancer screening adherence.
• Georgetown University (Lombardi Comprehensive Cancer Center)coreStrategic or Co-development Partner · 21 November 2025John Theurer Cancer Center is a leading research partner of NCI-designated Lombardi Comprehensive Cancer Center at Georgetown University.
• Johns Hopkins UniversitycoreStrategic or Co-development Partner · 19 November 2025$35 million accelerator collaboration to develop treatments for drug-resistant fungal infections.
• Google CloudcoreTechnology or Integration · 16 October 2025Deployment of AI agents built with Google Cloud technology including Gemini-based clinical note summarization. First health system to deploy Gemini-based agent at scale for clinical note summarization.
• Amazon One MedicalcoreStrategic or Co-development Partner · 10 October 2025Expanded partnership to grow primary care services with opening of third clinic. Partnership accelerating initial plan of 20 clinics over ten years.
• K HealthcoreTechnology or Integration · 17 September 2024Launch of HMH 24/7 virtual primary care app powered by K Health's AI chatbot technology. Integrates virtual consultations with in-person visits using same electronic medical records system.

Scale indicators11 records

Recent moves9 records

Expansion highlights7 records

Direct peers

• RWJBarnabas Health: RWJBarnabas Health is New Jersey's other largest nonprofit integrated delivery network, operating 12+ hospitals across the state. It is the most direct head-to-head competitor to HMH for inpatient, outpatient, and academic medicine share in NJ.
• Atlantic Health System: Atlantic Health System operates a network of hospitals and care sites across northern and central New Jersey (including Morristown and Overlook Medical Centers). It competes directly with HMH for tertiary referrals, ambulatory share, and employer-sponsored contracts in overlapping NJ counties.
• NewYork-Presbyterian Hospital: NewYork-Presbyterian is a major academic medical center system in the NY/NJ metro. It competes with HMH for complex tertiary referrals from NJ residents, particularly in cancer, cardiology, and pediatrics, and operates in the same EMR-tied Epic ecosystem.
• NYU Langone Health: NYU Langone is a top-ranked NY/NJ academic health system with hospitals, ambulatory, and virtual care offerings. It competes with HMH for the NY-NJ metro region's insured patient pool, specialty referrals, and research partnerships.

Broad incumbents

• Northwell Health: Northwell is New York's largest nonprofit health system, operating 21+ hospitals and extensive outpatient and research assets. While NY-focused, it competes with HMH for the regional talent, research grants, and tertiary patient pool along the NY-NJ corridor.
• Geisinger Health: Geisinger is a large nonprofit integrated delivery network in Pennsylvania known for innovation in population health, EHR-led care, and value-based models. Comparable as a similarly scaled regional nonprofit exploring AI and integrated ambulatory expansion.
• Mount Sinai Health System: Mount Sinai is an NYC-based academic health system with hospitals, research, and ambulatory assets. It draws from the same NY-NJ tertiary referral pool as HMH and is a peer in academic medicine, AI deployment, and specialty cancer care.
• Cleveland Clinic: Cleveland Clinic operates a globally recognized nonprofit health system across multiple states with strong specialty and AI initiatives. Comparable as a national-scale nonprofit exploring AI care delivery, ambulatory expansion, and multi-state employer partnerships.

Regional players

• Penn Medicine (University of Pennsylvania Health System): Penn Medicine operates academic hospitals primarily in Philadelphia and adjacent PA counties. It is comparable as a nonprofit academic delivery network pursuing the same advanced specialty, AI, and clinical-trial strategies HMH uses, though in a different metro.

Others

• Johns Hopkins Medicine: Hopkins is a national academic medical enterprise and an active research partner of HMH (via the $35M antifungal accelerator). Relevant as a peer on research collaboration, AI in care delivery, and high-acuity specialty programs rather than as a direct competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat8 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/HMHNewJersey
• YouTubeyoutube.com/channel/UCGNz3pc9coZmYxUuLFJSKtQ
• Facebookfacebook.com/HackensackMeridianHealth
• LinkedInlinkedin.com/company/hackensackmeridianhealth
• Instagraminstagram.com/hmhnewjersey
• TikToktiktok.com/@hackensackmeridianhealth

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries19 records

Funding overview

Funding rounds3 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments5 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hackensack Meridian Health