Hackensack Meridian School of Medicine

What Hackensack Meridian School of Medicine does

Hackensack Meridian School of Medicine (HMSOM) is a private, nonprofit medical school incorporated in New Jersey, founded in 2015 as the first private medical school to open in the state in decades. Located on a 20-acre portion of the Interprofessional Health Sciences (IHS) Campus in Nutley/Clifton, NJ at the former Hoffman La Roche headquarters, it operates a four-year MD program structured around the proprietary Human Dimension curriculum, which embeds students in community-based care and emphasizes social determinants of health. Supporting infrastructure includes a Clinical Skills Center with 16 examination rooms, a Medical Simulation Center with 7 inpatient/OR/L&D simulation rooms, a Gross Anatomy Facility, and the Hackensack Meridian Center for Discovery and Innovation for translational research. Core technology assets are educational frameworks and tools (Finding Information Framework, One Minute Learner) plus an accelerated 3-year Phase 3-Residency pathway that funnels graduates into Hackensack Meridian Health residencies.

The institution generated its first graduating class in June 2021 (18 students), with cohort intake growing from 60 (Summer 2018) to 120 (July 2020) to 160 (July 2021) and continuing into a ninth cohort by 2026. Revenue streams consist primarily of medical school tuition and fees, federal Title IV student aid (federal school code 042933-00), philanthropy through the Office of Philanthropy, and an emerging Continuing Medical Education program for practicing physicians and rehabilitation clinicians. HMSOM achieved full LCME accreditation (February 2023) and MSCHE accreditation (November 2022) and operates as an independent institution since July 3, 2020, after separating from a prior joint-venture structure with Seton Hall University.

HMSOM serves prospective medical students through AMCAS admissions, alumni through the Office of Alumni Engagement, and practicing clinicians via CME, while operating as the academic arm of the broader Hackensack Meridian Health network of 17 hospitals and 38,000 team members. Go-to-market relies on traditional sales-led admissions, multi-channel marketing (newsletter, social media, White Coat Ceremony at NJ Performing Arts Center, Medical Education Week), and an ecosystem-based distribution model that channels graduates into HMH residency seats. Governance sits with a Board of Governors and Executive Cabinet under President and Dean Dr. Jeffrey R. Boscamp (since December 2022).

Name

Hackensack Meridian School of Medicine

Legal name

Hackensack Meridian School of Medicine

Website

https://hmsom.org

Company type

Private

Founded year

2015

Operating status

Operating

Short description

Hackensack Meridian School of Medicine is a private nonprofit medical school in Nutley, New Jersey, founded in 2015, that delivers a four-year MD program centered on social determinants of health and serves roughly 160 prospective medical students per cohort alongside the 17-hospital Hackensack Meridian Health network.

Ownership category

akta.pro rank

Product category

Medical Education

NAICS

Colleges, Universities, and Professional Schools (61131)

SIC

Services-Educational Services (8200)

akta.pro primary industry

Medical Schools (MD/DO Granting) (EDAHAGAB)

akta.pro secondary industry

Healthcare Clinical Professions (CME/CE for Nurses, Allied Health, Pharmacy) (EDAAALAC)

Keywords

• Medical education
• MD degree program
• Graduate medical education
• Continuing medical education
• Biomedical research training

Headquarters

HQ city

Nutley

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Tuition and Fees: Revenue from medical school tuition and associated fees from enrolled medical students.
2. Federal Student Aid Programs: Participation in Title IV Higher Education Act programs including Federal Direct Student Loan Programs (Federal school code: 042933-00).
3. Philanthropy and Donations: Donations through the Office of Philanthropy, including scholarships, food pantry support, white coat ceremony funding, and area of greatest need contributions.
4. Continuing Medical Education: Accredited continuing education courses and conferences for physicians and rehabilitation clinicians, offered in various formats including live webinars, on-site lectures, and hands-on workshops.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Hackensack Meridian School of Medicine is a private nonprofit medical school that delivers a four-year MD degree program built around an innovative, community-focused curriculum. It supplements the degree with biomedical research opportunities, an accelerated three-year pathway to residency within Hackensack Meridian Health, state-of-the-art simulation and clinical skills training facilities, and accredited continuing medical education for practicing physicians.

Product overview

Hackensack Meridian School of Medicine (HMSOM) is a private medical school in Nutley, New Jersey, operating as a unified educational institution rather than a modular software platform. The core offering is its four-year MD degree program, structured around an innovative curriculum featuring the Human Dimension Course as its centerpiece. Supporting the academic program are state-of-the-art facilities including the Clinical Skills Center (CSC) with 16 examination rooms, the Medical Simulation Center (MSC) with 7 simulation rooms, and a Gross Anatomy Laboratory. Student services include the SOMA Portal for academic administration, the Office of Academic Records for transcripts and enrollment verification, and Alumni Engagement with a volunteer mentorship program. HMSOM also offers Continuing Medical Education (CME) for practicing physicians and an accelerated 3-year pathway program for seamless residency transition. The institution operates from the 20-acre Interprofessional Health Sciences (IHS) Campus alongside Seton Hall University programs.

Differentiator

Problem solved

Functional benefit

Products and services

• Human Dimension Course Central curriculum component of the HMSOM MD degree program that places the individual, family, and community as the focus of medicine, extending community engagement throughout the medical education for enrolled medical students.
• Accelerated Medical Education Program (Phase 3-Residency) An accelerated three-year MD graduation pathway that allows medical students to graduate in three years and transition seamlessly into a Hackensack Meridian Health residency program.
• Continuing Medical Education (CME) Accredited continuing education courses and conferences for physicians and other rehabilitation clinicians, offered in live, interactive webinar, on-site lecture, and lab/hands-on workshop formats.
• Alumni Engagement Program Lifelong connection between graduates and the institution, including volunteer mentorship, networking opportunities, and alumni events for HMSOM alumni.

Quantifiable outcome

• First Match Day held in March 2021 with all graduates matching to residencies
• +3 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Seton Hall UniversitycoreStrategic or Co-development Partner · 1 January 2015Originally organized as a joint venture with Seton Hall University. HMSOM was initially located at Seton Hall University campus with shared Interprofessional Health Sciences Library services. The partnership has evolved as HMSOM became independent.
• Hackensack Meridian HealthcoreStrategic or Co-development PartnerThe School of Medicine is affiliated with Hackensack Meridian Health network of 17 hospitals and 38,000 Team Members statewide. First graduates entered residencies at HMH hospitals. Dean Jeffrey Boscamp previously served as co-chief academic officer for HMH.
• Georgetown Lombardi Comprehensive Cancer CenterminorStrategic or Co-development PartnerNational Cancer Institute-designated Comprehensive Cancer Center partnering with Hackensack University Medical Center John Theurer Cancer Center for the Institute for Multiple Myeloma research.
• Association of Title IX Administrators (ATIXA)minorOthersThe Title IX Coordinator receives ongoing training through ATIXA for Title IX Coordinator certification, Title IX Advisors, and Title IX for Healthcare Educators and Providers.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Hackensack Meridian Health: Parent-affiliated 17-hospital health system that supplies HMSOM's clinical training sites, faculty, and residency pipeline. Not a peer in product terms but the dominant institutional counterpart shaping HMSOM's operations and economics.

Direct peers

• Morehouse School of Medicine: Private HBCU medical school in Atlanta with a strong social-determinants-of-health and health-equity mission. Highly comparable to HMSOM's Human Dimension curriculum and community-health focus.
• Rutgers Robert Wood Johnson Medical School: Second Rutgers MD-granting school located in New Brunswick, NJ. Competes for applicants, faculty, and clinical placements in the same NJ/Northeast corridor as HMSOM.
• TCU Burnett School of Medicine: Newly established private MD-granting school (first class 2019) emphasizing communication and empathy. Comparable as a recently accredited private medical school pursuing mission differentiation.
• Cooper Medical School of Rowan University: Newer MD-granting medical school in New Jersey (opened 2012) developed as a community-focused training program. Highly comparable in mission, geography, and private-public partnership model to HMSOM.
• Carle Illinois College of Medicine: Newer MD-granting school (opened 2018) with a unique engineering-medicine curriculum. Comparable as a recently accredited, innovation-led private medical school targeting curriculum differentiation.
• Rutgers New Jersey Medical School: Established MD-granting public medical school in Newark, NJ. Competes directly with HMSOM for the same applicant pool, clinical training sites, and residencies within the NJ market.
• Kaiser Permanente Bernard J. Tyson School of Medicine: Newer private MD-granting school (opened 2020) with an innovative curriculum integrating health-systems science. Structurally similar to HMSOM as a recently launched, mission-driven private medical school.

Others

• Albert Einstein College of Medicine: Established MD-granting school in the Bronx, NY. Not a direct competitor geographically, but several HMSOM faculty leaders trained at Einstein (Dean Boscamp fellowship; Associate Dean Jacobs previously Chief of Geriatrics).
• SUNY Downstate Health Sciences University: Public MD-granting school in Brooklyn, NY. Connected to HMSOM through faculty lineage (Dr. Giuliano previously faculty), making it a thematically relevant adjacent peer rather than a direct competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/HMHSchoolofMed
• Facebookfacebook.com/HMHSchoolofMed

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Hackensack Meridian School of Medicine