Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
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Total |
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Calendar year
(or fiscal year beginning in)
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(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 28,857,675 | 66,463,265 | 81,248,781 | 101,839,575 | 101,594,197 | 380,003,493 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf .... | 0 | |||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | 0 | |||||
| 4 | Total. Add lines 1 through 3 | 28,857,675 | 66,463,265 | 81,248,781 | 101,839,575 | 101,594,197 | 380,003,493 |
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) .. | 85,584,717 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 294,418,776 | |||||
Calendar year
(or fiscal year beginning in)
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(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 28,857,675 | 66,463,265 | 81,248,781 | 101,839,575 | 101,594,197 | 380,003,493 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 9,475,198 | 16,986,988 | 11,840,636 | 8,463,864 | 14,115,982 | 60,882,668 |
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | 1,354,751 | 2,365,621 | 3,025,429 | 3,583,156 | 5,564,620 | 15,893,577 |
| 11 | Total support. Add lines 7 through 10 | 456,779,738 | |||||
Calendar year (or fiscal
year beginning in) ![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | 39,674,936 | 15,420,347 | 6,256,925 | 8,500 | 0 | 61,360,708 |
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | 282,187,377 | 273,373,751 | 293,993,460 | 182,180,608 | 289,773,528 | 1,321,508,724 |
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | 0 | |||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | 0 | |||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | 0 | |||||
| 6 | Total. Add lines 1 through 5 | 321,862,313 | 288,794,098 | 300,250,385 | 182,189,108 | 289,773,528 | 1,382,869,432 |
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | 0 | 0 | 0 | 0 | 0 | 0 |
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | 0 | 0 | 0 | 0 | 0 | 0 |
| c | Add lines 7a and 7b.. | 0 | 0 | 0 | 0 | 0 | 0 |
| 8 | Public support. (Subtract line 7c from line 6.) | 1,382,869,432 | |||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | 321,862,313 | 288,794,098 | 300,250,385 | 182,189,108 | 289,773,528 | 1,382,869,432 |
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | 8,704,357 | 4,018,129 | 5,973,886 | -4,858,365 | -13,503,766 | 334,241 |
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | 8,208 | 8,208 | ||||
| c | Add lines 10a and 10b. | 8,712,565 | 4,018,129 | 5,973,886 | -4,858,365 | -13,503,766 | 342,449 |
| 11 | Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on. | 0 | |||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | 10,094,471 | 11,332,019 | 11,495,112 | 84,637,484 | 211,361,511 | 328,920,597 |
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | 340,669,349 | 304,144,246 | 317,719,383 | 261,968,227 | 487,631,273 | 1,712,132,478 |
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
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| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by 0.035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | 1 | |
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2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2024 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2024 |
(iii) Distributable Amount for 2024 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2024 from Section C, line 6 | ||||
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2
Underdistributions, if any, for years prior to 2024 (reasonable cause required-- explain in Part VI).
See instructions. |
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| 3 Excess distributions carryover, if any, to 2024: | ||||
| a From 2019....... | ||||
| b From 2020....... | ||||
| c From 2021....... | ||||
| d From 2022....... | ||||
| e From 2023....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2024 distributable amount | ||||
|
i
Carryover from 2019 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2024 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2024 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
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5
Remaining underdistributions for years prior to 2024, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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6
Remaining underdistributions for 2024. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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7 Excess distributions carryover to 2025. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2020..... | ||||
| b Excess from 2021..... | ||||
| c Excess from 2022..... | ||||
| d Excess from 2023..... | ||||
| e Excess from 2024..... | ||||
| Facts And Circumstances Test |
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| Return Reference | Explanation |
|---|---|
| Schedule A, Part I PUBLIC CHARITY STATUS OF SUBORDINATES | THE PUBLIC CHARITY STATUS REFLECTED ON SCHEDULE A, PART I IS FOR THE ELEVEN FOUNDATIONS INCLUDED IN THIS GROUP FORM 990 AS THEY REPRESENT THE LARGEST NUMBER OF SUBORDINATES IN A SPECIFIC PUBLIC CHARITY STATUS. THESE ORGANIZATIONS DESCRIBED IN INTERNAL REVENUE CODE SECTION 170(B)(1)(A)(VI) AND INCLUDED IN THE GROUP EXEMPTION RULING ARE HACKENSACK MERIDIAN HEALTH FOUNDATION, INC., HACKENSACK UNIVERSITY MEDICAL CENTER FOUNDATION,INC., JERSEY SHORE UNIVERSITY MEDICAL CENTER FOUNDATION, INC., RIVERVIEW MEDICAL CENTER FOUNDATION, INC., OCEAN UNIVERSITY MEDICAL CENTER FOUNDATION,INC., SOUTHERN OCEAN MEDICAL CENTER FOUNDATION, INC., BAYSHORE MEDICAL CENTER FOUNDATION, INC., RARITAN BAY HEALTHCARE FOUNDATION,INC., PALISADES MEDICAL CENTER FOUNDATION, INC., JFK UNIVERSITY MEDICAL CENTER FOUNDATION,INC., AND MUHLENBERG FOUNDATION, INC. OUTLINED BELOW IS THE PUBLIC CHARITY STATUS FOR ALL OTHER SUBORDINATE ORGANIZATIONS INCLUDED IN THE GROUP EXEMPTION RULING AND THIS CONSOLIDATED GROUP FORM 990: HMH HOSPITALS CORPORATION; SCHEDULE A, PART I, LINE 3, INTERNAL REVENUE CODE SECTION 170(B)(1)(A)(III) ORGANIZATION; HEALTH INNOVATIONS UNLIMITED, INC.; SCHEDULE A, PART I, LINE 10, INTERNAL REVENUE CODE SECTION 509(A)(2) ORGANIZATION; HACKENSACK MERIDIAN AMBULATORY CARE, INC.; SCHEDULE A, PART I, LINE 10, INTERNAL REVENUE CODE SECTION 509(A)(2) ORGANIZATION; BERGEN HEALTH MANAGEMENT SYSTEM, INC.; SCHEDULE A, PART I, LINE 2, INTERNAL REVENUE CODE SECTION 509(A)(1) ORGANIZATION; HACKENSACK MERIDIAN OUTPATIENT SERVICES, INC.; SCHEDULE A, PART I, LINE 10, INTERNAL REVENUE CODE SECTION 509(A)(2) ORGANIZATION; HMH CARRIER BEHAVIORAL HEALTH, INC.; SCHEDULE A, PART I, LINE 3, INTERNAL REVENUE CODE SECTION 170(B)(1)(A)(III) ORGANIZATION. CENTER FOR DISCOVERY AND INNOVATION, INC.; SCHEDULE A, PART I, LINE 4, INTERNAL REVENUE CODE SECTION 170(B)(1)(A)(III) ORGANIZATION. HACKENSACK MERIDIAN SCHOOL OF MEDICINE; SCHEDULE A, PART I, LINE 2, INTERNAL REVENUE CODE SECTION 170(B)(1)(A)(II) ORGANIZATION. HACKENSACK MERIDIAN LTACH, LLC; SCHEDULE A, PART I, LINE 3, INTERNAL REVENUE CODE SECTION 170(B)(1)(A)(III) ORGANIZATION. |
| Schedule A, Part II, Line 1 UNUSUAL GRANTS | UNUSUAL GRANTS EXCLUDED FROM SCHEDULE A, PART II, SECTION A, LINE 1 INCLUDE: 2020: $7,182,040 AND $8,000,000 2021: $5,000,000 2022: NONE 2023: NONE 2024: NONE |
| Schedule A, Part III, Line 12 Other Income | DESCRIPTION - MISCELLANEOUS INCOME, COLUMN A - 80307.0, COLUMN B - 78255.0, COLUMN C - 107433.0, COLUMN D - 52630529.0, COLUMN E - XXX-XX-XXXX.0, COLUMN F - XXX-XX-XXXX.0; DESCRIPTION - MANAGEMENT FEES, COLUMN A - 10024379.0, COLUMN B - 11252441.0, COLUMN C - 11385817.0, COLUMN D - 9902526.0, COLUMN E - 3588258.0, COLUMN F - 46153421.0; DESCRIPTION - GROSS SALE OF INVENTORY, COLUMN A - -10215.0, COLUMN B - 1323.0, COLUMN C - 1862.0, COLUMN D - 22104429.0, COLUMN E - 23846297.0, COLUMN F - 45943696.0; |
| Schedule A, Part II, Line 10 Other Income | DESCRIPTION - GROSS SALE OF INVENTORY, COLUMN A - 642008.0, COLUMN B - 856895.0, COLUMN C - 767385.0, COLUMN D - 794850.0, COLUMN E - 788137.0, COLUMN F - 3849275.0; DESCRIPTION - GROSS INCOME FROM FUNDRAISING EVENTS, COLUMN A - 557661.0, COLUMN B - 1309999.0, COLUMN C - 2122718.0, COLUMN D - 2626506.0, COLUMN E - 4674683.0, COLUMN F - 11291567.0; DESCRIPTION - GROSS INCOME FROM GAMING, COLUMN A - 155082.0, COLUMN B - 198727.0, COLUMN C - 135326.0, COLUMN D - 161800.0, COLUMN E - 101800.0, COLUMN F - 752735.0; |
| Software ID: | 24020961 |
| Software Version: | 2024v5.1 |
| Return Reference | Explanation |
|---|---|
| Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY | BERGEN HEALTH MANAGEMENT SYSTEM, INC. LISTED ITS NON-DISCRIMINATORY POLICY IN ITS BROCHURE/PAMPHLETS WHICH IS PROVIDED TO ALL PROSPECTIVE AND ENROLLED FAMILIES AND IS ALSO AVAILABLE ON HMH'S NETWORKS WEBSITE. HACKENSACK MERIDIAN SCHOOL OF MEDICINE LISTED ITS NON-DISCRIMINATORY POLICY ON ITS WEBSITE WHICH CAN BE ACCESSED BY ALL VISITORS. |
| Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT | BERGEN HEALTH MANAGEMENT SYSTEM, INC. RECEIVED FINANCIAL AID AND ASSISTANCE FROM THE FOLLOWING GOVERNMENT AGENCIES IN TAX YEAR 2024 INCLUDING: THE NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY (NJEDA). HACKENSACK MERIDIAN SCHOOL OF MEDICINE RECEIVED FINANCIAL AID AND ASSISTANCE FROM THE FOLLOWING GOVERNMENT AGENCIES IN TAX YEAR 2024 INCLUDING: THE NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY (NJEDA), THE NEW JERSEY STATE LEGISLATURE, AND THE STATE OF NEW JERSEY THROUGH THE AMERICAN RESCUE PLAN ACT (ARPA). |
| Software ID: | 24020961 |
| Software Version: | 2024v5.1 |
| Return Reference | Explanation |
|---|---|
| Form 990, Part I, Line 1 summary | OUTLINED BELOW IS THE VOTING AND INDEPENDENT VOTING DISCLOSURE INFORMATION FOR EACH SUBORDINATE ORGANIZATION INCLUDED IN THE GROUP EXEMPTION RULING AND THIS CONSOLIDATED GROUP FORM 990 (SOME BOARD MEMBERS SERVE ON MULTIPLE BOARDS AS INDICATED IN THE PART VII DISCLOSURE INCLUDED IN SCHEDULE O): - HMH HOSPITALS CORPORATION; 20 VOTING, 13 INDEPENDENT; - HACKENSACK MERIDIAN AMBULATORY CARE INC.; 17 VOTING, 14 INDEPENDENT; - HEALTH INNOVATIONS UNLIMITED, INC.; 17 VOTING, 14 INDEPENDENT; -HACKENSACK MERIDIAN HEALTH FOUNDATION, INC.; 36 VOTING, 29 INDEPENDENT; - HACKENSACK UNIVERSITY MEDICAL CENTER FOUNDATION, INC.; 43 VOTING, 34 INDEPENDENT; - JERSEY SHORE UNIVERSITY MEDICAL CENTER FOUNDATION, INC.; 23 VOTING, 14 INDEPENDENT; - RIVERVIEW MEDICAL CENTER FOUNDATION, INC.; 25 VOTING, 20 INDEPENDENT; - OCEAN UNIVERSITY MEDICAL CENTER FOUNDATION, INC.; 18 VOTING, 14 INDEPENDENT; - SOUTHERN OCEAN MEDICAL CENTER FOUNDATION, INC.; 23 VOTING; 17 INDEPENDENT; - BAYSHORE MEDICAL CENTER FOUNDATION, INC.; 20 VOTING; 13 INDEPENDENT; - RARITAN BAY HEALTHCARE FOUNDATION, INC.; 7 VOTING, 4 INDEPENDENT; - PALISADES MEDICAL CENTER FOUNDATION, INC.; 13 VOTING, 10 INDEPENDENT; - JOHN F. KENNEDY UNIVERSITY MEDICAL CENTER FOUNDATION, INC.; 18 VOTING, 15 INDEPENDENT; - MUHLENBERG FOUNDATION, INC.; 5 VOTING, 5 INDEPENDENT; - BERGEN HEALTH MANAGEMENT SYSTEM, INC.; 3 VOTING, 0 INDEPENDENT; - HACKENSACK MERIDIAN OUTPATIENT SERVICES, INC.; 17 VOTING, 14 INDEPENDENT; -HACKENSACK MERIDIAN SCHOOL OF MEDICINE; 15 VOTING, 14 INDEPENDENT; - CENTER FOR DISCOVERY AND INNOVATION; 12 VOTING, 10 INDEPENDENT; AND - HMH CARRIER BEHAVIORAL HEALTH, INC.; 12 VOTING, 9 INDEPENDENT. |
| Form 990, Part III, Line 1 STATEMENT OF PROGRAM SERVICES ACCOMPLISHMENTS | HACKENSACK MERIDIAN HEALTH ============================ WE ARE THE LARGEST, MOST COMPREHENSIVE AND TRULY INTEGRATED HEALTH CARE NETWORK IN NEW JERSEY, OFFERING A COMPLETE RANGE OF MEDICAL SERVICES, INNOVATIVE RESEARCH AND LIFE-ENHANCING CARE. WHO WE ARE - ============ 18 HOSPITALS - 3 ACADEMIC MEDICAL CENTERS - 1 UNIVERSITY TEACHING HOSPITAL - 8 COMMUNITY HOSPITALS - 2 REHABILITATION HOSPITALS - 2 CHILDREN'S HOSPITALS - 1 BEHAVIORAL HEALTH HOSPITAL; AND - 1 LONG TERM ACUTE CARE HOSPITAL - 1 CENTER FOR DISCOVERY AND INNOVATION - 1 SCHOOL OF MEDICINE - 3 NURSING SCHOOLS - 4,501 LICENSED BEDS - 40,000+ TEAM MEMBERS CARE DELIVERED IN 2024 ======================== - 182,924 PATIENT ADMISSIONS - 681,908 EMERGENCY VISITS - 2,151,165 OUTPATIENT VISITS - 17,668 BABIES DELIVERED - 121,836 SURGERIES (INPATIENT AND OUTPATIENT) Our Mission, Vision and Beliefs ======== MISSION: Transform healthcare and be recognized as the leader of positive change. VISION: Innovation is in our DNA, compelling us to create a world where: the highest quality care is human-centered, accessible and affordable; we deliver outcomes that matter most; and excellence is the standard. BELIEFS: -Creative ... I will do my part to make things better. -Courageous ... I will do the right thing. -Compassionate ... I am the human experience. -Collaborative ... I embrace teamwork. -Connected ... I am part of something bigger. Focus On: Patients ======= It's our priority to transform Hackensack Meridian Health into a trusted people-centered enterprise of care that meets the needs of patients through superior experience, quality, outcomes and safety. We are committed to providing a meaningful, safe, healing and personalized experience to everyone who comes to us for care. Training Our Team: ======= High Reliability We are on a journey to become a high-reliability organization. In 2024, we more than doubled the number of team members who were trained in High Reliability Organization (HRO) tools and best practices. HROs focus on five core principles: preoccupation with failure, commitment to resilience, deference to expertise, sensitivity to operations and reluctance to simplify. Recent enhancements of these efforts include implementing a unit-based HRO program. Instead of focusing on the entire organization, a unit-based HRO program concentrates on specific departments or units, allowing for more targeted interventions and improvements. TEAM MEMBERS TRAINED TEAM MEMBERS TRAINED: -15,500 in 2024 -128% increase over 2023 -47.5% of team members are trained Agile Institute The Agile Institute at Hackensack Meridian Health implements an approach that allows us to effectively operationalize the principles of HRO. The institute is dedicated to equipping team members and physicians with the skills and strategies needed to navigate the complexities of today's fast-paced environment. By adopting agile principles, we can foster innovation, improve team collaboration and ensure our teams remain adaptable and resilient. Physician engagement increased in 2024 with the launch of the Specialty Collaborative, which fostered collaboration and faster decision-making across multiple specialties. -132 Team Members are trained in Agile Methodology in Year 1 Patient Safety ======= We review our data against other hospitals within the hospital-rating organization Vizient to track our patient safety performance. According to the Vizient 2023-2024 data review, we have the best outcomes in New Jersey: -We save more lives than any other health system in New Jersey. -Patients return home faster and are less likely to return to the hospital with complications. -We deliver the most babies in New Jersey with fewer complications for baby and mom. Steady Decline in Hospital-Acquired Infections ====== Hospital-acquired infections (HAIs) are infections people get while receiving treatment in a healthcare setting like a hospital, and unfortunately, on any given day, about one in 31 hospital patients has at least one HAI, according to the Centers for Disease Control and Prevention. We pride ourselves on continually improving our rate of HAIs and leading nationally in these efforts. We have reduced HAIs by 42% since 2018, and 83% of our hospitals are among the top performers nationwide in preventing at least one type of HAI, while almost half (42%) are top performers in preventing two or more types. This means safer care, shorter hospital stays, lower costs and a better overall experience for our patients. Fighting the #1 Cause of Death in the U.S. Hospitals ========== Sepsis is the leading cause of death in U.S. hospitals according to the Sepsis Alliance. Sepsis Fact Sheet. 2024. We are committed to mitigating sepsis-related harm throughout Hackensack Meridian Health, focusing on early recognition and intervention. "SEP-1" is shorthand for "The Severe Sepsis and Septic Shock Management Bundle," which outlines guidelines for effectively fighting sepsis. We exceed national and state averages in SEP-1 performance. SEP-1 PERFORMANCE -NJ at 62% -National at 69% -Hackensack Meridian Health at 71% The comfort of HOME ===== At Hackensack Meridian Health we are tightly focused on discharging our patients to home, and keeping them home. This has many benefits for patients, including improved outcomes, reduced health care costs and an overall better experience. Below are some ways we are bringing this mission to life. Governance Structure ======= To promote collaboration and clinical effectiveness across disciplines, service lines and support services, Patient Safety and Quality has convened two councils: The Clinical Excellence Council and the Continuum of Care Council. Together, they bring resources, expertise and alignment from across the continuum of care to "get patients home and keep patients home." Promoting Early Patient Mobility ======= In 2024, our nursing team prioritized patient safety by focusing on early mobility. We significantly improved our tracking and documentation of patient mobility, reaching 85.2% by year-end, a 6.7% increase from earlier in the year. Having increased tracking and insights enabled us to intervene earlier and ensure patient mobility was a priority. By making mobility a routine part of patient care, we're helping patients recover faster and reducing the risk of complications. The First Thirty ======= The First Thirty program provides critical support to patients when they need it the most. This initiative incorporates evidence-based interventions to promote personalized care and enhance patient satisfaction, resulting in a personalized approach that significantly reduces hospital readmissions. By partnering with the community and providing culturally appropriate care, First Thirty empowers individuals to stay healthy and avoid preventable hospitalizations. 20,000 community members served through The First Thirty program since 2022. Patient-Centered Care ======= Certified Patient-Centered Medical Homes (PCMHs) use evidence-based guidelines and best practices to deliver better patient outcomes, reduce costs and improve the overall patient and team member experience. We are transforming our physician practices into Patient-Centered Medical Homes. More than a third of our primary care providers (119 total) have been certified. Among other things, these efforts prioritize chronic disease management, preventive services and screenings and, at Hackensack Meridian Health, have led to: -Closing 35,000 care gaps (a 41% increase over 2023) -13,000 scheduled visits via an outreach campaign -Increased adoption of digital tools -A 17% increase in mammography scheduled visits through online appointment scheduling and SMS (text) campaigns Our commitment to chronic disease management is evident in our top-tier national ranking by the Centers for Medicare & Medicaid Services quality ranking for blood pressure and diabetes control. We're in the top 10% nationally for controlling these conditions, resulting in better care for over 264,000 patients in our primary care practices. New Technology ========== Hackensack Meridian Health is investing in groundbreaking new technology by: -Advancing Robotic Surgery Precision -Revolutionizing Knee Replacement Surgery -Leading with AI in Prostate Treatment -High-Intensity Focused Ultrasound Now at JFK University Medical Center Advancing Robotic Surgery Precision ======== In 2024, Hackensack University Medical Center was one of only 14 hospitals worldwide to acquire the da Vinci 5 Multiport Robotic Surgical System. Used in specialties including gynecology, urology, thoracic, general surgery, bariatrics and colorectal surgery, this cutting-edge technology offers unparalleled precision. The Multiport Robotic Surgical System helps surgeons perform complex procedures with more precision and control than ever before. |
| Form 990, Part III, Line 1 STMT OF PROGRAM SERVICES ACCOMPLISHMENTS (CONTINUED) | Revolutionizing Knee Replacement Surgery ========= Hackensack University Medical Center is transforming knee replacements with the TMINITM Miniature Robotic System. This compact, handheld robot uses 3D knee models for precise, personalized procedures and works with a variety of implants to meet individual needs. With less equipment in the OR and unmatched precision, TMINI helps patients get back to the activities they love-faster and with confidence. Leading with AI in Prostate Treatment ========== As the first hospital in the world to use the AI-powered HYDROSTM Robotic System for Aquablation therapy, Hackensack University Medical Center is improving outcomes for patients with enlarged prostate. This trailblazing technology uses a heat-free waterjet for intricate tissue removal, preserving sexual function and continence. Patients benefit from personalized, minimally invasive care, delivered by one of the nation's top-ranked urology programs. High-Intensity Focused Ultrasound ========== Hackensack Meridian Neuroscience Institute at JFK University Medical Center is our third and newest care location to offer High Intensity Focused Ultrasound (HIFU) for the treatment of essential tremor and Parkinson's Disease tremor. Hackensack Meridian Health was the first and remains the only healthcare network in New Jersey offering this minimally invasive treatment. Focused ultrasound uses acoustic energy, or sound waves, to treat brain tissue that is the source of the tremor. The outpatient procedure, which typically takes two hours, doesn't require surgical incisions or anesthesia, and many patients experience immediate and significant reduction in hand tremors, which can make activities of daily living challenging. FACILITIES =========== CONTINUALLY UPGRADING OUR FACILITIES IS CRUCIAL FOR ENHANCING PATIENT CARE AND SAFETY AND FOSTERING A POSITIVE WORK ENVIRONMENT SO WE CAN CONTINUE TO DELIVER THE HIGHEST QUALITY OF CARE TO THE COMMUNITY. WE ARE COMMITTED TO DELIVERING THE BEST ENVIRONMENT FOR OUR PATIENTS, PHYSICIANS AND TEAM MEMBERS. Jersey Shore University Medical Center =========== In 2024, Jersey Shore University Medical Center completed the construction of a brand new, state-of-the-art cardiovascular suite. The $45 million, 30,000-square-foot expansion project provides patients with a one-stop-shop for comprehensive cardiovascular treatment. The expansion will support Jersey Shore's position as a top provider of complex cardiovascular care in New Jersey, offering advanced treatments and minimizing wait times for patients. Features include: -4 dedicated cardiac catheterization labs -4 electrophysiology labs -2 hybrid operating rooms -28-bay patient prep and recovery area tripling current patient capacity -Increase clinical treatment spaces from 8 to 10. HMH Carrier Behavioral Health ========== In 2024, our organization broke ground on a $40 million expansion at HMH Carrier Behavioral Health, which is being funded through state grants and private donations. The expansion is designed to address the growing mental health crisis among children and adolescents. With mental health struggles rising among younger kids, the 43,000-square-foot facility lowered the minimum age for treatment to seven, allowing Hackensack Meridian Health to meet the urgent need for care and be at the forefront of helping youth heal and thrive. Features include: -52 inpatient rooms -Family support spaces -Innovative therapies Palisades Medical Center ========== In 2024, Palisades Medical Center broke ground on a $50 million, 22,000-square-foot emergency department set to open in 2026. The expansion will double the current department's size and add 17 treatment bays, bringing the total to 50, all to improve access and efficiency. The expansion will also include dedicated spaces for pediatric and behavioral health patients, ensuring high-quality, compassionate care for the community. Southern Ocean Medical Center ============= In 2024, our organization is investing $31 million to expand its surgical and patient care facilities, responding to the region's population boom. This expansion: -Will add two new operating rooms -Increase surgical space by 8,400 square feet -Expand key services like sterile processing and pre/post-procedure areas -Improve access to critical care, including local cardiac procedures -Provide room for future growth, ensuring community members can receive the best care close to home. Hackensack Meridian Health is Offering Innovative Programs by: -Becoming New Jersey's First Autism Certified Pediatric Emergency Department -Advancing Cancer Care Through NCI Recognition -Becoming New Jersey's First Cancer Risk Assessment and Early Detection Program -Becoming the Largest Phase I Clinical Trial Program in New Jersey -Celebrating Cures for Sickle Cell Disease -Earning Global Healthcare Accreditation for Diaphragm Paralysis Treatment Joseph M. Sanzari Children's Hospital ======== Has set a new standard in autism care as its Pediatric Emergency Department became New Jersey's first Certified Autism CenterTM. This groundbreaking designation means that over 80% of staff are trained in understanding and addressing the unique needs of autistic patients. Beyond the certification, the hospital offers innovative tools like sensory carts and Coping Passports, enhancing patient-centered care. John Theurer Cancer Center =========== Is advancing cancer care through NCI recognition. It is a part of Georgetown University's Lombardi Comprehensive Cancer Center, which again earned the prestigious designation as a Comprehensive Cancer Center by the National Cancer Institute (NCI). Serving over 6.5 million people, the consortium advances groundbreaking research, leading-edge treatments and equitable community outreach. This milestone reflects a shared commitment to transforming cancer care and improving lives. John Theurer Cancer Center has also become the first in New Jersey to launch a cancer risk and early cancer detection program, designed to better identify cancer risk in individuals and enable earlier diagnosis. The Hennessy Institute for Cancer Prevention and Applied Molecular Medicine,located at the Cancer Center at Totowa on the St. Joseph's Health campus, joins just a few programs in the nation in the broader endeavor of conducting cancer screening at scale-with the goal of improving access to cancer screening, early detection and treatment outcomes. As one of New Jersey's premier cancer research institutions, the John Theurer Cancer Center offers: - All phases of clinical trials - Enrolls more than 1,500 patients per year in its 400+ clinical trials. - Is home to New Jersey's largest Phase I clinical trial program. In 2024, experts from Hackensack University Medical Center's John Theurer Cancer Center expanded the Phase I clinical trial program to include Jersey Shore University Medical Center-providing close-to-home access to first-in-human clinical trials and new hope for patients in southern New Jersey. Celebrating Cures for Sickle Cell Disease ======== In 2024, we reunited former sickle cell disease patients and families to celebrate groundbreaking cures and transformative care. From providing bone marrow transplants to innovative gene therapy, our care team has cured more than 80 pediatric and adult patients with sickle cell disease, offering new hope for those living with this debilitating disease. The event highlighted patient stories, heartfelt testimonies and our unwavering commitment to eradicating sickle cell. As treatments advance, we remain a leader in the fight to end sickle cell disease, championing awareness and access to life-saving care. We are New Jersey's only health network to offer multiple curative treatments for sickle cell disease. Jersey Shore University Medical Center ========= The Center for Treatment of Paralysis and Reconstructive Nerve Surgery at Jersey Shore University Medical Center earned Global Healthcare Accreditation (GHA) for Medical Travel Services. The first GHA-accredited facility in New Jersey, the center is recognized for its innovative treatments in reconstructive nerve surgery, including pioneering phrenic nerve reconstruction for diaphragm paralysis. Under the leadership of our physicians the center has treated thousands worldwide. The GHA accreditation highlights a commitment to high-quality care and enhances visibility in the global medical tourism market. |
| Form 990, Part III, Line 1 STMT OF PROGRAM SERVICES ACCOMPLISHMENTS (CONTINUED) | Focus on: Our Physician and Outpatient Network: ===== It's our priority to position Hackensack Meridian Health and all aligned physician partners as the network of choice among physicians, consumers, insurers and employers. Expanding Access to Care ============ We are deeply committed to improving access to care for the community and have made significant investments in ambulatory services and physician recruitment: In 2024, -We delivered more than 2M outpatient visits (a 15% YoY increase). -We onboarded 365 New Practitioners and completed 14 new physician practice acquisitions in 2024. -The health and wellness center at Paramus is a "one-stop shop" for health care needs and is the third of its kind to open within three years. -26 New outpatient care sites providing a range of convenient services have either recently opened or are under construction and represent half a million square feet. (Since 2021) Innovation at Metropark Station: ========= We are revolutionizing health care access by building a $200 million health and wellness center at Metropark Station, the first facility of its kind in a major transit hub. Opening in 2025, the 60,000-square-foot center will serve thousands of daily commuters and nearby residents with primary care, medical specialties, imaging and more-all steps from the station. These efforts are expected to create over 1,000 jobs, contributing to the local economy while also addressing health care's growing demand in suburban and urban areas alike. CONVENIENT CARE IN THE COMMUNITY =========== The new The Health & Wellness Center at Paramus is home to more than 75 physicians and offers primary care, rehab, lab, imaging, pediatrics services and more. A new primary care and multispecialty practice in Fort Lee offers expert, multi-lingual care tailored to one of the nation's largest Korean-American communities. With primary care, cardiac, nephrology, pulmonology and urology physicians fluent in Korean and Chinese, the practice ensures patients receive personalized, high-quality care without crossing into Manhattan. A new primary care and multispecialty practice opened in Hoboken in 2024. It offers a wide range of services, from primary care and OB/GYN to orthopedics and gastroenterology, all under one roof. This state-of-the-art facility features flexible hours, same-day appointments and online scheduling to fit busy lifestyles. The several new urgent care locations opened include: -Urgent Care at American Dream -Urgent Care at in Hazlet -Urgent Care Plus in Wyckoff -Urgent Care Plus in Hoboken -Urgent Care Plus in West Orange High-Level Care AT HOME ======== Hackensack Meridian Health is delivering high-level care at home by: AI-Driven Innovation Hospital From Home AI-Driven Innovation ======== We are taking primary care to the next level with the launch of HMH 24/7, an AI-powered solution that brings personalized, high-quality care right to your phone. This new platform offers a seamless blend of virtual and in-person care, making it easier than ever to address sick, chronic and preventive care needs. With 24/7 access to dedicated Hackensack Meridian Health clinicians and integration into our extensive network, HMH 24/7 ensures a connected, data-driven approach to primary and urgent care that keeps patients at the center. Hospital From Home ====== In spring 2024, we partnered with Medically Home Group Inc. to launch the Hospital From Home service, which offers hospital-level care in the comfort of patients' homes. This innovative program has treated more than 500 patients, including those with chronic conditions like COPD, congestive heart failure and pneumonia. By combining virtual care with in-person visits, patients receive treatments such as IV infusions, therapy and lab services-all at home. This program is set to expand across additional hospitals, further enhancing patient convenience and outcomes. Recruiting Top Doctors ====== We continue to recruit the best. In 2024, we welcomed new specialists across a range of disciplines, expanding access to expert care and enhancing the services available to our communities. Below are examples of the specialties we are expanding access to critical services and treatments: - Gastroenterology - Vascular Surgery - Obstetrics and Gynecology |
| Form 990, Part III, Line 1 STMT OF PROGRAM SERVICES ACCOMPLISHMENTS (CONTINUED) | Environmental IMPACT ====== Our bold sustainability efforts continue to set the standard for health care systems nationwide. We're building a healthier planet, one innovation at a time. Such as, PATH TO CARBON NEUTRALITY: ======= We are on track to reduce our emissions by 50% by 2030. Over $113 million has been invested in energy efficiency since 2011, resulting in a reduction of 85 million kWh and 5.3 million therms. A UNIQUE PARTNERSHIP: ======= We partnered with Bernhard on a 30-year project, positioning Hackensack Meridian Health as the largest renewable energy nonprofit health care provider in the U.S., cutting carbon emissions by 10% and electricity usage by 25%. SUSTAINABLE DINING CHOICES: ====== 58% of meat purchases are antibiotic-free, and we reduced food-related emissions by over 40%, becoming the largest health network to join the Cool Food Pledge. SUPPORTING LOCAL FARMERS: ======= We support 43 regional farmers in strengthening sustainable food systems that promote local health, the environment and economies. SAFER ENVIRONMENTS: ====== 99% of furnishings meet healthy interior guidelines, and over 99% of cleaning products are third-party certified green. Powering the Future With Renewable Energy ======= In 2024, we launched a groundbreaking 30-year Energy-as-a-Service partnership with Bernhard, making Hackensack Meridian Health network the largest renewable energy not-for-profit health care provider in the U.S. This $134 million initiative includes 50,000 U.S.-made solar panels and battery storage across our network's 18 hospitals, reducing carbon emissions by 10%, purchased electricity by 25% and guaranteeing 33% energy savings. External Recognition ======== Top in the Nation for Community Investment ======== In 2024, we were named the #1 nonprofit health system in the nation for community investment by the Lown Institute, reinforcing its commitment to health equity and social responsibility. With a fair share surplus of $358 million, the health system has far exceeded its obligations, ensuring under-served communities receive essential care and support. Additionally, nine of our hospitals ranked among the top 20% nationwide for their community contributions, with two-Hackensack University Medical Center and Jersey Shore University Medical Center-placing in the top 10 nonprofit hospitals in the country. Leading the Nation in Sustainable Health Care ========= We were the first health care network in the U.S. to achieve The Joint Commission's Sustainable Healthcare Certification (SHC). The achievement began with four hospitals: Hackensack University Medical Center, Bayshore Medical Center, Jersey Shore University Medical Center, and Ocean University Medical Center. Shortly after, the achievement was granted to the entire network. The Joint Commission's SHC is the gold standard for environmental excellence in healthcare, setting rigorous benchmarks for reducing carbon emissions, improving energy efficiency and integrating sustainability into patient care. Earning Top Honors for Environmental Excellence From Practice Greenhealth ========= Ten of our hospitals were recognized by Practice Greenhealth for their leadership in sustainability, with three hospitals-Hackensack University Medical Center, Jersey Shore University Medical Center, and Ocean University Medical Center-ranking among the Top 25 in Environmental Excellence. Additionally, seven Hackensack hospitals received the Greenhealth Emerald Award for their commitment to improving environmental performance. Focus On: Research ====== It's our priority to enhance HMH research institute, including the CDI and Academic Enterprise, as an internationally recognized leader on the frontier of medicine through a seamless system of innovation, translational science and professional development. HMH RESEARCH Institute by the Numbers ======== -$500M+ in research funding over the past 5 years -2,600 researchers -420+ principal investigators -1,400+ active studies -600 open clinical trials -350+ Clinical trials in cancer- more than any other cancer center in New Jersey At Hackensack Meridian Health, research isn't just about discovery-it's about shaping the future of health care. The HMH Research Institute is at the forefront of groundbreaking innovations, driving progress in precision medicine, AI, digital health and transformative therapies. Here's a look at our 2024 achievements and where we're headed next. The Future of Health: Trends & Innovation ========= HMH Research Institute is at the leading edge of the next evolution in health care: -AI and quantum computing are transforming diagnostics, treatment and drug discovery. -Precision and preventive medicine are becoming mainstream, delivering highly targeted therapies. -From wearables to nearables, digital health technology is integrating seamlessly into everyday life. -Innovation and research remain the backbone of shaping health care's future. Five Years of Innovation: ADVANCING Research at CDI ======== Marking its fifth anniversary, the Center for Discovery and Innovation (CDI) has rapidly become a leader in groundbreaking research. Since 2019, CDI has grown to 32 lab heads and 200 scientists, securing 126 grants-including 60 NIH awards-and generating $53 million in research revenue in 2023 alone. CDI focuses on translating cutting-edge science into real-world patient solutions, backed by Hackensack Meridian Health leadership and key industry partnerships. An example of the work coming out of the CDI: A BREATH TEST FOR LUNG CANCER ========= The foundational science to develop an exhaled-breath test for detection of lung diseases, including lung cancer, is underway, according to two papers published by CDI associate member Olivier Loudig, Ph.D., and colleagues. The papers show that they have successfully collected, separated and profiled lung biomarkers from human breath, and also developed animal models to expand their analyses and potentially identify key markers for early and non-invasive detection of metastatic lung tumors. Significant work remains to be done to identify a range of the biomarkers and prove that its accuracy can be clinically relevant for human patients, but the two publications have established the scientific roadmap as the CDI scientists continue their work toward that goal. National RECOGNITION =========== In 2024, we were named one of Modern Healthcare's 2024 Innovators. Modern Healthcare's Innovators Awards and recognition program recognizes leaders and organizations driving innovation that improves care, achieves measurable results and contributes to the organization's clinical and financial goals. Hackensack Meridian Health achieved this recognition for establishing the Center for Discovery and Innovation. Focus On: Academics ======= It's our priority to strengthen the school of medicine as a top-ranked international leader in physician education and research by defining academic excellence through a curriculum rooted in the individual and community. School of Medicine Graduates Its Largest Class ======== Hackensack Meridian School of Medicine graduated its largest class to date, with 102 new physicians prepared to transform the future of health care. These graduates secured residencies at top programs, including Stanford, Yale and Hackensack Meridian Health, across all specialties. Since its founding, the school has grown exponentially, with applications and enrollments reaching record highs, solidifying its place as a leader in modern medical education. Advancing Nursing Excellence and Education ======== We are shaping the future of nursing with top-tier education, recruitment and recognition. In 2024, we hired 1,275 new bedside RNs, lowering our vacancy rate to 5%- significantly lower than the national average of 10%. Our three nursing school partners are growing a strong workforce. Graduates from JFK Muhlenberg Harold B. and Dorothy A. Snyder School of Nursing achieved NCLEX pass rates of nearly 90% and 95%, respectively. Georgian Court's nursing programs, including New Jersey's only direct-entry Master of Nursing, reached an impressive 97% pass rate. New simulation labs will further enhance clinical training and prepare students for real-world care. ADVANCING EDUCATION LEADS TO GROWING WORKFORCE: - 1,275 NEW BEDSIDE RNS HIRED IN 2024 - 88% INCREASE IN NEW RN HIRES BETWEEN JANUARY AND SEPTEMBER |
| Form 990, Part III, Line 1 STMT OF PROGRAM SERVICES ACCOMPLISHMENTS(CONTINUED) | Focus On: Our Network ========= It's our priority to drive growth through technology and innovation across the health care continuum, including non-traditional care models, which deliver superior quality, accessibility, customer engagement and affordability. Digital FORWARD ======= Optimizing Patient Care With Epic Refuel: At Hackensack Meridian Health, we use the Epic platform for our electronic health records. In 2024, we launched Epic Refuel to improve provider workflows and patient care delivery. In collaboration with clinical leadership, finance administration and site operations, Digital Technology Services (DTS) is automating processes and introducing innovative features that drive efficiency: - Personal nurse macros reduced unnecessary clicks, saving 8,333 nursing hours in December 2024 alone-placing us in Epic's top quartile for macro use. - Streamlined medication refill processes cut the time pharmacies receive prescriptions from 5 days to 2.3 days-a 50% improvement. Leading Global AI in Health Care Discussions ========= At the 2024 World Economic Forum in Davos, Switzerland, our CEO Bob Garrett, in his new role as chair of the Forum's Health and Healthcare Governor's Community, led high-impact discussions on AI's role in health care. Key topics included AI's impact on the caregiver workforce, regulatory policies, patient trust and addressing access to care. This thought leadership continues to shape global health care innovation, with insights shared through media appearances, podcasts and industry panels. Harnessing AI to Transform Health Care ======== DTS is developing artificial intelligence (AI) and intelligent process automation tools to enhance clinical decision-making, operational efficiency and patient safety. Key initiatives include: Clinical AI Solutions: - AI-powered tools to help radiologists prioritize critical cases in high-volume environments. - AI-assisted kidney disease detection enables earlier intervention, potentially delaying dialysis and transplant needs. - AI-driven operating room scheduling optimizes resources to reduce delays in care. Operational AI & Automation: - AI-powered visitor monitoring enhances patient and team member safety. - The Pre-Audit AI Tool Dashboard automates compliance processes, and eliminated 74,000 manual hours in 2024. - An AI/Robotic Process Automation Impact Calculator quantifies efficiency gains, identifying 148,511 hours saved, $6.4 million in cost savings and $7 million in additional revenue. To ensure responsible AI adoption, DTS has formalized an AI Governance Framework that upholds ethical standards, transparency and accountability across all initiatives. Through these advancements, DTS is driving digital transformation that enhances patient outcomes, strengthens security and redefines health care innovation. AI IN ACTION ====== Radiologists can now get a "second read" on mammogram images using artificial intelligence (AI). After evaluating a woman's 3D mammogram images, radiologists simply press a button to add an extra layer of sensitivity and specificity to their interpretation using AI. The technology is able to highlight and rank areas of concern in the breast while also detecting distortions in breast tissue that might otherwise be difficult to notice. "These findings can be very subtle to the human eye, but AI is taught to recognize patterns," says Harriet Borofsky, M.D., medical director of breast imaging at Riverview Medical Center and Bayshore Medical Center. Strategic Partnerships ========= In 2024, we celebrated a major milestone in professional football by bringing the excitement of the sport directly to communities across the tri-state area. The initiative launched with a public mural unveiling, followed by hospital visits, fan giveaways, and special gifts for newborns. To honor healthcare workers, we hosted tailgate-style celebrations featuring sports legends, interactive games, and championship memorabilia. This collaboration highlights our shared values of community, wellness, and teamwork. Promoting a Mental Health Revolution ======== While speaking at POLITICO's 2024 Health Care Summit, CEO Robert C. Garrett called for a "Mental Health Moonshot" to transform behavioral health care nationwide. Highlighting innovative solutions like wearable tech, telepsych hubs and expanded services, Garrett emphasized the urgent need for greater access, coordination and research in mental health care. At Hackensack Meridian Health, we remain committed to this mission. With significant investments, including expanded inpatient units and innovative behavioral health clinics, we are leading the charge to combat stigma, modernize treatments and save lives. Expanding Access and Opportunity by Partnering With Monmouth University ======== In July 2024, we forged a strategic affiliation with Monmouth University to enhance student health care, wellness and clinical education. The partnership includes a preferred provider relationship for urgent care, the sponsorship of a new student wellness center and expanded academic placements within Hackensack Meridian Health facilities. A full-time placement coordinator will help students secure internships and employment, strengthening New Jersey's health care workforce. Revolutionizing Kids' Nutrition Through Michelle Obama's PLEZi Partnership ========= We made history as the first health system to offer PLEZi Nutrition's innovative, healthier products across our hospitals. Founded by former First Lady Michelle Obama, PLEZi aims to tackle America's sugar crisis by providing tasty drinks with 75% less sugar and added nutrients. Since launching at Hackensack University Medical Center, patients and team members have collectively removed 1.8 million calories and 1,000 pounds of sugar from their diets. PLEZi's Key Features: - 75% less sugar than average fruit juices (5G vs. 21G per 6.75 oz) - No added sugar - 2g of fiber and vitamin c in every serving Philanthropy ============ The power of philanthropy is essential to the work that we do, as it allows us to address complex health challenges, implement community health initiatives and create a lasting impact for our patients and team members. We thank our donors and corporate partners from the bottom of our hearts for your support. Hackensack Meridian Health Is the Difference ============ On September 14, 2024, Hackensack Meridian Health Foundation launched its Be The Difference campaign-an ambitious, transformative, network-wide effort to raise $1 billion-at its Gala and Campaign Launch at Lincoln Center in New York City. This historic endeavor is based on four key pillars: - Better delivery of patient care - Accelerated research and discovery - More equitable access to advanced care - Revolutionizing medical education and supporting the nursing profession We are the only health care network in the state of New Jersey to undertake a fundraising campaign of this magnitude. The event raised more than $10 million, thanks in large part to the fundraising committee. This Be The Difference campaign is more than just a comprehensive fundraising campaign. It represents our network's unwavering commitment to innovation and excellence in health care. By addressing the evolving needs of local communities, the campaign aims to ensure that every patient has access to compassionate, world-class care closer to home, and that the next generation of physicians and nurses are equipped to tackle the challenges that tomorrow brings through philanthropic support. Since the start of the campaign, Hackensack Meridian Health Foundation has proudly raised $647 million, and counting, toward its $1 billion goal, thanks to the unwavering support of donors and the transformative impact of our mission. 2024 Philanthropic Outcomes at a Glance - $234,762,884 Raised - 13,655 Total Donors - 48,787 Gifts Empowering Future Physicians ======= Thanks to a generous pledge from one of our donors to support the expansion of the Human Dimension, a hallmark program at the Hackensack Meridian School of Medicine. Their visionary philanthropy builds upon their previous gift, which helped advance the program's unique curriculum. The Human Dimension program provides medical students with community-based immersive service experiences, emphasizing the importance of understanding patients' social and personal factors that impact health and wellness. This latest gift will expand the Human Dimension program to residents and graduate medical education programs across our network. |
| Form 990, Part III, Line 1 STMT OF PROGRAM SERVICES ACCOMPLISHMENTS(CONTINUED) | A Home Run of Support ========= The need for adolescent behavioral health services is more critical today than ever before. Thanks to an extraordinary grant we are poised to further address the adolescent behavioral health crisis by ensuring the community's most at-risk youth will receive the comprehensive care they desperately need. The transformational gift will support the Adolescent Behavioral Health Expansion Project at HMH Carrier Behavioral Health, our flagship behavioral health hospital. The multi-year investment focuses on facility enhancements, program and service expansion and the recruitment of critical behavioral health specialists. Longevity in the community ======== Recognizing 40 Years of Transformative Care: Ocean University Medical Center marked its 40th anniversary by reaffirming its commitment to providing high-quality, patient-centered care. To celebrate, the medical center hosted a community event on October 5, 2024, that featured food trucks, games, a car show and a helicopter tour. Starting as Brick Hospital in 1984, Ocean University Medical Center has grown significantly and is now a leading regional provider of specialized services. Celebrating 50 Years of Excellence in Rehabilitation Care: On September 17, 2024, JFK Johnson Rehabilitation Institute celebrated 50 years of providing exceptional care in rehabilitation. JFK Johnson offers a complete array of inpatient and outpatient programs, including stroke rehabilitation, brain injury, orthopedics/musculoskeletal and sports injuries, spinal cord injury, pain treatment, cardiac rehabilitation, prosthetics/orthotics, Parkinson's disease, pediatrics and women's services. It has been ranked as a top rehabilitation institute by the U.S. News & World Report for six years in a row. EXTERNAL RECOGNITION ========== U.S. News & World Report HACKENSACK UNIVERSITY MEDICAL CENTER: ========= -Ranked #1 in New Jersey -#5 overall in the New York Metropolitan area -Recognized in 17 high-performing specialties -Ranked in eight nationally recognized specialties JERSEY SHORE UNIVERSITY MEDICAL CENTER: ========== -Ranked #4 in New Jersey -Recognized for high performance in 11 procedures and conditions -Best in Obstetrics & Gynecology in New Jersey HACKENSACK MERIDIAN CHILDREN'S HEALTH: ======= -Ranked the #1 children's hospitals in New Jersey -Top-10 status in the mid-Atlantic region -Ranked in three nationally recognized specialties JFK JOHNSON REHABILITATION INSTITUTE: ======== -Ranked among the top 50 rehabilitation hospitals in the nation HACKENSACK MERIDIAN HEALTH NETWORK: ========= -Earned 52 high-performing rankings across 11 hospitals, the most in New Jersey -Includes recognition for specialties like Orthopedics, Pulmonology, Cardiology and more The Leapfrog Group grades hospitals on patient safety. In fall 2024, seven of our hospitals earned an "A" grade. The Centers for Medicare & Medicaid Services (CMS) rates hospitals on care quality, safety and patient experience. Hackensack University Medical Center received the maximum five stars in the CMS Overall Hospital Quality Star Rating in 2024. |
| Form 990, Part III, Line 4d Description of other program services | (Expenses $ 4,787,610,625 including grants of $ 308,645,151)(Revenue $ 4,958,936,879) PROVIDING VARIOUS OTHER MEDICALLY NECESSARY HEALTHCARE SERVICES, SUCH AS EMERGENCY DEPARTMENT, OBSTETRICS & NEWBORNS, CHEMOTHERAPY, ONCOLOGY, BEHAVIORAL HEALTH, ETC., TO ALL INDIVIDUALS IN A NON-DISCRIMINATORY MANNER REGARDLESS OF RACE, COLOR, CREED, SEX, NATIONAL ORIGIN OR ABILITY TO PAY. |
| Form 990, Part VI, Line 1a Material differences in voting rights | The Executive Committee shall have the delegated authority to transact the regular business of the Corporation and to implement the policy decisions of the Board during the interim between the meetings of the Board; provided, however, that such delegation of authority conforms with the subsequent approval requirements noted in the bylaws and that no act taken by the Executive Committee shall conflict with the acts of the Board, the limitations imposed by the Board in these Bylaws or the Member Reserved Powers. The Executive Committee shall consist of the Officers of the Corporation, the Chairperson of the HMH Board, the CEO of the Member, for a total of eight (8) voting members. |
| Form 990, Part VI, Line 2 Family/business relationships amongst interested persons | CHARLES V. SCHAEFER, III AND CAROL D. SCHAEFER - Family relationship, MARIO MARGHELLA AND SHANE SULLIVAN - Family relationship, LAWRENCE (LARRY) R. INSERRA, JR. AND LINDSEY INSERRA - Family relationship |
| Form 990, Part VI, Line 4 Significant changes to organizational documents | In 2024, Hackensack Meridian Health, Inc. amended its bylaws to update board composition. The prior requirement for the chairpersons of HMH Hospitals Corporation, Hackensack Meridian Ambulatory Care, Inc., Audit and Compliance Committee, and Finance Committee to serve as ex-officio members without vote was removed. Instead, two JFK Trustees were added to the board. As this change affects standardized organizational documents maintained by the central organization and adopted by subordinates, it is reported as a significant change for both the Parent and Group 990 filings. |
| Form 990, Part VI, Line 6 Classes of members or stockholders | HACKENSACK MERIDIAN HEALTH, INC. ("HMH") IS THE SOLE MEMBER OF ALL SUBORDINATE ORGANIZATIONS INCLUDED IN THE HACKENSACK MERIDIAN HEALTH, INC. GROUP EXEMPTION RULING AND THIS CONSOLIDATED GROUP FORM 990 OTHER THAN HEALTH INNOVATIONS UNLIMITED, INC. ("HIU"). HMH HAS THE RIGHT TO ELECT THE MEMBERS OF EACH SUBORDINATE ORGANIZATION'S BOARD OF TRUSTEES AND HAS CERTAIN RESERVED POWERS AS DEFINED IN EACH SUBORDINATE ORGANIZATION'S BYLAWS. HACKENSACK MERIDIAN AMBULATORY CARE, INC., A SUBORDINATE INCLUDED IN THE HACKENSACK MERIDIAN HEALTH, INC. GROUP EXEMPTION RULING AND THIS CONSOLIDATED GROUP FORM 990, HAS THE RIGHT TO ELECT THE MEMBERS OF HIU'S BOARD OF TRUSTEES AND HAS CERTAIN RESERVED POWERS AS DEFINED IN HIU'S BYLAWS. |
| Form 990, Part VI, Line 7a Members or stockholders electing members of governing body | REFER TO THE ABOVE NARRATIVE ON PART VI, LINE 6. |
| Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders | REFER TO THE ABOVE NARRATIVE ON PART VI, LINE 6. |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | THE SUBORDINATE ORGANIZATIONS ARE SUBSIDIARIES OF HACKENSACK MERIDIAN HEALTH, INC. ("HMH"); A TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY NETWORK. HMH'S FINANCE PERSONNEL PREPARED THE FEDERAL FORM 990, WHICH WAS THEN REVIEWED BY OTHER APPROPRIATE INTERNAL STAFF FOR ACCURACY. HMH RETAINED A FIRM OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS WITH EXPERIENCE AND EXPERTISE IN HEALTH CARE AND NOT-FOR-PROFIT TAX RETURN PREPARATION TO REVIEW AND FILE THE FORM 990. HMH'S BOARD OF TRUSTEES DESIGNATED THE AUDIT AND COMPLIANCE COMMITTEE ("ACC") TO REVIEW THE FORM 990 OF HMH'S SUBSIDIARIES. THE FORM 990 WAS PROVIDED TO THE MEMBERS OF THE ACC FOR REVIEW. THE PORTIONS OF THE FORM 990 PROVIDING COMPENSATION DISCLOSURES WERE ALSO PROVIDED TO THE BOARD'S EXECUTIVE AND PHYSICIAN COMPENSATION COMMITTEE FOR REVIEW. THE FORM 990 WAS THEN PROVIDED TO EACH VOTING MEMBER OF HMH'S GOVERNING BODY, ITS BOARD OF TRUSTEES, PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. THE HMH BOARD OF TRUSTEES HAS THE FINAL GOVERNING AUTHORITY OVER THE SUBSIDIARIES OF HMH. |
| Form 990, Part VI, Line 12c Conflict of interest policy | HACKENSACK MERIDIAN HEALTH, INC., THE TAX-EXEMPT PARENT ORGANIZATION OF HACKENSACK MERIDIAN HEALTH, A TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY NETWORK, HAS ADOPTED A NETWORK-WIDE CONFLICT OF INTEREST POLICY WHICH IS APPLICABLE TO ALL OF ITS SUBSIDIARY ORGANIZATIONS. THE ORGANIZATIONS REGULARLY MONITOR AND ENFORCE COMPLIANCE WITH THE NETWORK'S CONFLICT OF INTEREST POLICY. ANNUALLY, ALL MEMBERS OF THE BOARD OF TRUSTEES, OFFICERS AND KEY EMPLOYEES OF EACH ORGANIZATION ARE REQUIRED TO REVIEW THE EXISTING CONFLICT OF INTEREST POLICY AND COMPLETE A QUESTIONNAIRE WITH RESPECT TO ANY APPLICABLE TRANSACTIONS AND RELATIONSHIPS. THE COMPLETED QUESTIONNAIRES ARE RETURNED TO THE NETWORK'S CHIEF COMPLIANCE OFFICER FOR REVIEW. THE CHIEF COMPLIANCE OFFICER THEN PREPARES A SUMMARY OF THE COMPLETED QUESTIONNAIRES, AND PRESENTS THE SUMMARY TO THE NETWORK'S GOVERNANCE AND BOARD DEVELOPMENT COMMITTEE FOR ITS REVIEW, DISCUSSION AND ACTION (IF NEEDED). ANY TRUSTEE, OFFICER OR KEY EMPLOYEE WITH A DISCLOSED CONFLICT WOULD RECUSE THEMSELVES FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS AND DECISIONS OF A TRANSACTION IN QUESTION. DURING THE YEAR, THE CHIEF COMPLIANCE OFFICER IN CONJUNCTION WITH THE CHIEF LEGAL OFFICERS ALSO MONITORS ON-GOING TRANSACTIONS IN LIGHT OF THE SUMMARY TO ENSURE THAT ANY POTENTIAL CONFLICTS OF INTEREST ARE APPROPRIATELY HANDLED IN COMPLIANCE WITH THE POLICY. |
| Form 990, Part VI, Line 15a Process to establish compensation of top management official | THE ORGANIZATIONS ARE AFFILIATES WITHIN A TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY NETWORK IN WHICH HACKENSACK MERIDIAN HEALTH, INC. IS THE TAX-EXEMPT PARENT ORGANIZATION. THE EXECUTIVE AND PHYSICIAN COMPENSATION COMMITTEE ("COMMITTEE") OF HACKENSACK MERIDIAN HEALTH, INC. IS RESPONSIBLE FOR REVIEWING THE EXECUTIVE COMPENSATION OF THE CHIEF EXECUTIVE OFFICER AND SPECIFIED KEY EMPLOYEES (SENIOR MANAGEMENT) OF THE PARENT AND ALL OF THE SUBSIDIARY ORGANIZATIONS. THE COMMITTEE HAS ADOPTED A WRITTEN EXECUTIVE COMPENSATION PHILOSOPHY, WHICH IT FOLLOWS WHEN IT REVIEWS AND APPROVES COMPENSATION AND BENEFITS. THE EXECUTIVE COMPENSATION PHILOSOPHY RECOGNIZES THE SIZE AND COMPLEXITY OF THE HEALTH CARE NETWORK AND THE CRITICAL NEED TO HAVE AND RETAIN EXECUTIVES THAT CONSISTENTLY DEMONSTRATE SUPERIOR LEVELS OF PERFORMANCE SO THAT THE HEALTH NETWORK CAN FULFILL ITS CHARITABLE MISSION AND STRATEGIC OBJECTIVES. THE COMMITTEE REVIEWS THE "TOTAL COMPENSATION", INCLUDING BOTH CURRENT AND DEFERRED COMPENSATION AND ALL EMPLOYEE BENEFITS, BOTH QUALIFIED AND NON-QUALIFIED, ON AT LEAST AN ANNUAL BASIS TO ENSURE THAT THE "TOTAL COMPENSATION" OF THE CHIEF EXECUTIVE OFFICER, OTHER OFFICERS AND SPECIFIED MEMBERS OF SENIOR MANAGEMENT IS REASONABLE. TO ASSIST WITH THE REVIEW, THE COMMITTEE ENGAGES THE SERVICES OF A NATIONALLY RECOGNIZED INDEPENDENT CONSULTING FIRM SPECIALIZING IN EXECUTIVE COMPENSATION FOR NOT-FOR-PROFIT HEALTH CARE ORGANIZATIONS, AND RECEIVES NATIONAL AND REGIONAL MARKET DATA FOR COMPARABLE ORGANIZATIONS, A REPORT SUMMARIZING SUCH DATA, AND AN OPINION LETTER RELATING TO THE REASONABLENESS OF EACH REVIEWED EXECUTIVE'S TOTAL COMPENSATION AND BENEFITS. ADDITIONALLY, A SENIOR MEMBER OF THE CONSULTING FIRM ATTENDS THE COMMITTEE'S MEETINGS TO PROVIDE INFORMATION AND TO RESPOND TO QUESTIONS BY THE MEMBERS OF THE COMMITTEE. THE INDEPENDENT COMMITTEE UTILIZES THE OUTSIDE MARKET DATA COMPARABILITY AND, BASED UPON THE EXECUTIVE COMPENSATION PHILOSOPHY, THE ORGANIZATION'S PERFORMANCE, BUSINESS JUDGMENT CONSIDERATIONS, AND THE INDIVIDUAL'S PERFORMANCE, REVIEWS AND APPROVES COMPENSATION FOR THE REVIEWED MEMBERS OF SENIOR MANAGEMENT. GUIDED AT EACH MEETING BY OUTSIDE COUNSEL TO THE COMMITTEE, THE COMPREHENSIVE REVIEW PROCESS UTILIZED BY THE COMMITTEE IS INTENTIONALLY STRUCTURED TO QUALIFY FOR THE REBUTTAL PRESUMPTION OF REASONABLENESS UNDER SECTION 4958 OF THE INTERNAL REVENUE CODE OF 1986: 1. THE COMPENSATION ARRANGEMENT IS APPROVED IN ADVANCE BY THE COMMITTEE, WHICH IS AN "AUTHORIZED BODY" OF THE ORGANIZATION COMPOSED ENTIRELY OF INDIVIDUALS WHO DO NOT HAVE A CONFLICT OF INTEREST WITHIN THE MEANING OF THE IRS REGULATIONS UNDER SECTION 4958; 2. THE COMMITTEE OBTAINS AND RELIES UPON "APPROPRIATE DATA AS TO COMPARABILITY (FOR COMPARABLE POSITIONS AT SIMILAR HEALTHCARE ORGANIZATIONS) PRIOR TO MAKING ITS DETERMINATION, WHICH COMPARABILITY DATA IS PROVIDED AND ANALYZED BY THE COMMITTEE'S INDEPENDENT CONSULTING FIRM WITH EXPERTISE IN THE AREA OF NOT-FOR-PROFIT HEALTH CARE EXECUTIVE COMPENSATION; AND 3. THE COMMITTEE THOROUGHLY DOCUMENTS ITS REVIEW AND APPROVAL PROCESS, AS WELL AS THE BASIS FOR ITS APPROVALS, CONCURRENTLY WITH MAKING THAT DETERMINATION, AGAIN AS DESCRIBED IN THE IRS REGULATIONS. AS APPROPRIATE, THE COMMITTEE SUPPLEMENTS THE COMPARABILITY DATA WITH OTHER OBJECTIVE FACTORS DESIGNED TO ENSURE THE REASONABLENESS OF THE COMPENSATION PAID, INCLUDING AN ANALYSIS OF INDIVIDUAL GOALS AND OBJECTIVES, ORGANIZATIONAL PERFORMANCE, PERSONNEL REVIEWS, EVALUATIONS, SELF-EVALUATIONS, AND ANY WRITTEN OFFERS FROM COMPETING ORGANIZATIONS. THE COMPENSATION ARRANGEMENTS APPROVED BY THE COMMITTEE ARE REPORTED IN EXECUTIVE SESSION TO THE FULL BOARD BY THE CHAIR AND VICE CHAIR OF THE COMMITTEE. |
| Form 990, Part VI, Line 15b Process to establish compensation of other employees | REFER TO THE ABOVE NARRATIVE ON PART VI, LINE 15A. |
| Form 990, Part VI, Line 19 Required documents available to the public | THE SUBORDINATE ORGANIZATIONS INCLUDED IN THE HACKENSACK MERIDIAN HEALTH, INC. GROUP EXEMPTION RULING AND THIS CONSOLIDATED GROUP FORM 990 ARE AFFILIATES WITHIN HACKENSACK MERIDIAN HEALTH; A TAX-EXEMPT INTEGRATED HEALTH CARE DELIVERY NETWORK ("NETWORK"). CERTAIN SUBORDINATE ORGANIZATIONS INCLUDED IN THIS CONSOLIDATED GROUP FORM 990 HAVE ISSUED TAX-EXEMPT BONDS TO FINANCE VARIOUS CAPITAL IMPROVEMENT PROJECTS, RENOVATIONS AND EQUIPMENT. ALSO, EACH SUBORDINATE ORGANIZATION'S FILED CERTIFICATE OF INCORPORATION AND ANY AMENDMENTS CAN BE OBTAINED AND REVIEWED THROUGH THE STATE OF NEW JERSEY DEPARTMENT OF THE TREASURY. THE AUDITED FINANCIAL STATEMENTS, CODE OF CONDUCT AND CONFLICT OF INTEREST POLICY IS AVAILABLE TO THE PUBLIC VIA THE HACKENSACK MERIDIAN HEALTH'S WEBSITE, WWW.HACKENSACKMERIDIANHEALTH.ORG, THEIR CODE OF CONDUCT AND CONFLICT OF INTEREST POLICY. |
| Form 990, Part VII, Section A Members Serve On More Than One Board | PART VII AND SCHEDULE J REFLECT CERTAIN INDIVIDUALS WHO WORKED FULL-TIME FOR HACKENSACK MERIDIAN HEALTH AND RECEIVED COMPENSATION AND BENEFITS FOR SERVICES RENDERED TO SUBORDINATES OF HACKENSACK MERIDIAN HEALTH. PLEASE NOTE THIS REMUNERATION WAS FOR SERVICES RENDERED TO A RELATED ORGANIZATION AND NOT FOR SERVICES RENDERED AS A VOTING MEMBER OR OFFICER OF THIS ORGANIZATION'S BOARD OF TRUSTEES. PLEASE NOTE THAT THIS FORM 990 REFLECTS THE FINANCIAL ACTIVITY AND OTHER INFORMATION OF THE SUBORDINATE ORGANIZATIONS INCLUDED IN THE HACKENSACK MERIDIAN HEALTH,INC. GROUP EXEMPTION RULING BUT DOES NOT INCLUDE ALL RELATED ORGANIZATIONS. PART VII INCLUDES, AS OF DECEMBER 31, 2024, THE MEMBERS OF THE BOARD OF TRUSTEES, OFFICERS, AND KEY EMPLOYEES OF EACH OF THE ORGANIZATIONS INCLUDED IN THIS CONSOLIDATED GROUP FORM 990. IN ADDITION, PART VII INCLUDES THE REMAINING TOP FIVE HIGHEST PAID EMPLOYEES AMONGST ALL ENTITIES COMBINED AFTER OFFICERS AND KEY EMPLOYEES OF ALL ORGANIZATIONS INCLUDED IN THE HACKENSACK MERIDIAN HEALTH, INC. GROUP EXEMPTION RULING AND THIS CONSOLIDATED GROUP FORM 990. THESE TRUSTEES, OFFICERS, KEY EMPLOYEES AND HIGHEST PAID EMPLOYEES ARE LISTED IN ORDER FROM HIGHEST TO LOWEST COMPENSATION. OUTLINED BELOW IS A SUMMARY OF THE BOARD OF TRUSTEES BY ORGANIZATION. [* INDICATES THE MEMBER SERVES ON MORE THAN ONE BOARD REPORTED ON THIS GROUP RETURN]: HMH HOSPITALS CORPORATION =========================== Richard Henning Marvin Goldstein, Esq. Rosemarie J. Sorce* Robert C. Garrett, FACHE* William Lawless, Ph.D. Gloria Martini* Luke Kealy, Esq. Thomas Lake, M.D. William J. Murray* Edward Piccinich Shawn Reynolds* Andria Schneiderman Pranaychandra Vaidya, M.D. Frank J. Vuono* John Wilcha* Walter Wynkoop, M.D. Mark Stauder* Christopher A. Rotio* Negin Griffith, MD* Keith Banks* Aida Capo, M.D. (Termed 11/1/2024) Gregorio Guillen, M.D. (Termed 6/2024) Steven Lisser, M.D. (Termed 11/26/2024) Praful Raja* (Termed 3/11/2024) HACKENSACK MERIDIAN AMBULATORY CARE, INC. ========================================= Ulises E. Diaz* Gloria Martini* Maris Lown* Christopher Maher* Robert C. Garrett, FACHE* Frank L. Fekete, CPA* Mark Stauder* G. Thomas Croonquist, Jr.* James Kirkos* James M. Bollerman* James Renna* John Wilcha* William Crane* William Hickey* William J. Murray* Domenic M. DiPiero, III* Keith Banks* Katherine York* (Termed 7/31/2024) HEALTH INNOVATIONS UNLIMITED, INC. ================================= Ulises E. Diaz* Gloria Martini* Maris Lown* Christopher Maher* Robert C. Garrett, FACHE* Frank L. Fekete, CPA* Mark Stauder* G. Thomas Croonquist, Jr.* James Kirkos* James M. Bollerman* James Renna* John Wilcha* William Crane* William Hickey* William J. Murray* Domenic M. DiPiero, III* Keith Banks* Katherine York* (Termed 7/31/2024) HACKENSACK MERIDIAN HEALTH FOUNDATION, INC. =========================================== Robert G. Harms* Carol B. Stillwell* Heidi B. Maggs Robert C. Garrett, FACHE* Thomas J. Dolan* Walter R. Earle II* Deborah R. Sundermann, CPA, CHBC* Evaristo F. Stanziale* Joyce Hendricks* David Sanzari* Domenic M. DiPiero, III* Frank J. Vuono* Frank L. Fekete, CPA* Gail B. Gordon, Esq.* John C. Meditz* Joseph Yewaisis* Keith Banks* Lawrence (Larry) R. Inserra, Jr.* Mark D. Schlesinger, M.D.* Rosemarie J. Sorce* William J. Montgoris* Brian M. Nelson, Esq.* Jonathan B. Schultz* Laura Bianchini* Surender M. Grover, MD* Christopher Maher* James (Jay) J. Galeota* Samuel S. Raia* Alexander Duran* John (JD) Pearce* Vincent J. Hager* John F. Reinhardt* Douglas Schwarz* Charles H. Shotmeyer* Joseph D. Rulli* Larry Catena Gregorio Guillen, MD* (Termed 2/22/2024) HACKENSACK UNIVERSITY MEDICAL CENTER FOUNDATION, INC. ===================================================== Lawrence (Larry) R. Inserra, Jr.* Robert C. Garrett, FACHE* Ulises E. Diaz* William McLaughlin Lauren Wright* James P. Andersen Nick Cangialosi Heather Won Choi G. Thomas Croonquist, Jr.* William Cunningham Michael Geary Gail B. Gordon, Esq.* William C. Hanson Richard Hubschman, Jr, Esq. Martin W. Kafafian, Esq. Sandra Keary* Sandra Kissler Patricia K. Low Michael S. McGeary Brian McLaughlin John C. Meditz* William J. Murray* Robert O'Hara, III* Samuel S. Raia* Julia Recaman Christopher A. Rotio* David Sanzari* Anthony Scardino, Jr. Carol D. Schaefer Charles V. Schaefer, III Mark D. Schlesinger, M.D.* Charles H. Shotmeyer* Rosemarie J. Sorce* Frank J. Vuono* Joyce Hendricks* Stephen Martinez Behnaz Baker Thomas Geisel Hans Schmidt, MD William Martini, Jr. Folu Okunseinde Mark Sparta Lindsey Inserra Elyssa Schecter (Termed 9/1/2024) JERSEY SHORE UNIVERSITY MEDICAL CENTER FOUNDATION, INC. ====================================================== John A. Giunco, Esq. Walter R. Earle II* John F. Reinhardt* Eric M. Kirsch, CFA Philip J. Scaduto Robert C. Garrett, FACHE* Thomas B. Barham, Sr Thomas DeFelice Sandra Keary* Robert W. Mullen, Jr Kenneth D. Nahum, DO Richard M. Neibart, M.D. Robert Smith Alexander Taylor Gary Tolchin Harpreet Pall, M.D. Richard Loshiavo Joyce Hendricks* David Kountz, MD Nicole Agnew Jamie Caulfield Isaac Massry Vito Buccellato Philip L. Perricone (Termed 9/15/2024) RIVERVIEW MEDICAL CENTER FOUNDATION, INC. ======================================== Steven M. Scopellite Nancy B. Mulheren Peter T. Roselle Jonathan B. Schultz* Robert C. Garrett, FACHE* Negin Griffith, MD* Leslie Hitchner Robert S. Morris Brian M. Nelson, Esq.* Shawn Reynolds* Margaret S. Riker Siran H. Sahakian Richard J. Saker Benedict J. Torcivia, Jr. Maria Maher Robin Klein Fred Voccola John Maggiacomo, II Joyce Hendricks* Leon F. DeJulius Thomas DeFelice, III Sarah Personette Denise Crowley DeAngelis Timothy Hogan Dan Dirscherl OCEAN UNIVERSITY MEDICAL CENTER FOUNDATION, INC. =============================================== Robert C. Garrett, FACHE* Robert G. Harms* Gary Pieringer Louis J. Dughi, Esq. Edward J. Dimon, Esq. Frank DiTullio, III Jereme Kokes John V. Visceglia, Jr. Peter J. Mencel, M.D. Douglas Schwarz* Chuck Grinnell Helen Lucciola Joyce Hendricks* Lambros Lambrou Laura Bodman Gwen Fragomen Frank Citara JD Pearce Ali R. Moosvi, M.D. (Termed 3/27/2024) Joseph S. Mignon (Termed 3/27/2024) SOUTHERN OCEAN MEDICAL CENTER FOUNDATION, INC. =============================================== Deborah R. Sundermann, CPA, CHBC* Joan M. Hart Joseph D. Rulli* Phyllis Buttermark Robert C. Garrett, FACHE* Robert Stohrer Michael R. Aaron, DO Sean D. Kauffman Joseph P. Lattanzi, M.D. Karl W. Strom, M.D. Thomas C. Yu, M.D. Edward M. Walters, Jr. David L. Wyrsch, Jr. Christopher Fritz Judith Brophy Joyce Hendricks* Thomas J. Dolan* Frances L. Signorile Marean Abramson Michele Morrison John Laub Robert Mancini Arlene Morrison Ken Formica (Termed 7/31/2024) BAYSHORE MEDICAL CENTER FOUNDATION, INC. ======================================== Serena DiMaso, Esq. Evaristo F. Stanziale* Carol B. Stillwell* Vincent J. Hager* Robert C. Garrett, FACHE* Gaurav Baveja Angelo DeRosa John D. DeLiso Rajiv Prasad, MD Richard Kolber Adrian M. Pristas, M.D. Asaad H. Samra, M.D. Jason Savarese Christopher M. Striano Lori Ann Davidson Courtney Fiore Joyce Hendricks* Victor Lolli Caitlin Miller Jonathan Reich, M.D. PALISADES MEDICAL CENTER FOUNDATION, INC. ======================================== John C. Meditz* Alexander Duran* Thomas Eastwick Leonard Lauricella Blanca Mankiewicz Mario Marghella Thomas Venino, Jr. Robert C. Garrett, FACHE* Shane Sullivan Joyce Hendricks* Samantha Clayton Carlos Paz Lisa Iachetti |
| Form 990, Part VII, Section A Members Serve On More Than One Board (Continued) | Raritan Bay Medical Center Foundation ================================= Robert C. Garrett, FACHE* Surender M. Grover, MD* Laura Bianchini* Joyce Hendricks* Timothy McNair Chris Sammarco Patricia Carroll Adrienne Alquiros (Termed 3/27/2024) Gregorio Guillen, MD* (Termed 2/22/2024) JFK UNIVERSITY MEDICAL CENTER FOUNDATION, INC. ============================================= Joseph Yewaisis* Ankit Gupta Denise Marra Depekary, Esq. John F. Kwasnik, Esq. Lorraine Mulligan Michael A. Kleiman, DMD Vincent Amabile* Katie Barnes Mary Beth Cunningham Joyce Hendricks* Robert C. Garrett, FACHE* Frank Babar John (JD) Pearce* Sanket Rupareliya, MD Venk Gorty Michael Lombardi Amie Thornton Adithya Bathena Praful Raja* (Termed 3/11/2024) Janine Purcaro (Termed 5/15/2024) A. Joyce Busch (Termed 7/24/2024) Steve Rothman (Termed 7/24/2024) Jason Cheng (Termed 7/24/2024) Manpreet Gill (Termed 7/24/2024) Peter Visceglia (Termed 7/24/2024) Carissa Lawson (Termed 10/7/2024) MUHLENBERG FOUNDATION, INC. ============================ Robert J. Goellner O. Oliver Andersen Robert Fleschler Robert McCabe Ronald West HACKENSACK MERIDIAN OUTPATIENT SERVICES, INC. ============================================ Ulises E. Diaz* Gloria Martini* Maris Lown* Christopher Maher* Robert C. Garrett, FACHE* Frank L. Fekete, CPA* Mark Stauder* G. Thomas Croonquist, Jr.* James Kirkos* James M. Bollerman* James Renna* John Wilcha* William Crane* William Hickey* William J. Murray* Domenic M. DiPiero, III* Keith Banks* Katherine York* (Termed 7/31/2024) BERGEN HEALTH MANAGEMENT SERVICES, INC. ======================================= Mark Stauder* Robert L. Glenning Linda McHugh HMH Carrier Behavioral Health, Inc. ============================= Lawrence (Larry) R. Inserra, Jr.* Caryl Kourgelis Gordon Pingicer Lauren Wright* Mary Pat Christie Susan B. Hassmiller, PhD, RN Robert C. Garrett, FACHE* Christian Peter Kenny Esser Michael DuHaime Carol Kosztyo, RN Rosemarie J. Sorce* Ann Damsgaard (Termed 2/2024) CENTER FOR DISCOVERY AND INNOVATION ==================================== Andrew L. Pecora, M.D. Frank L. Fekete, CPA* Garry A. Neil, MD Harlan F. Weisman, MD James (Jay) J. Galeota* Robert C. Garrett, FACHE* Roger D. Kornberg, Ph.D. Sol J. Barer, Ph.D. Thomas Polen David S. Perlin, Ph.D. Daria Hazuda Keith Banks* HACKENSACK MERIDIAN SCHOOL OF MEDICINE ======================================= Robert C. Garrett, FACHE* John F. Williams, Jr., MD Mary Ann Christopher Linda Bowden Frank L. Fekete, CPA* Vincent Amabile* Amy Cradic Ulises E. Diaz* Robert S. Hekemian, Jr. Vaughn McKoy, JD William J. Montgoris* Robert O'Hara, III* Richard Park, MD Suzanne Spero Illana Raia |
| Form 990, Part VIII, Line 2f Other Program Service Revenue | Program-Related Investments - Total Revenue: 23204176, Related or Exempt Function Revenue: 23204176, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Laboratory Revenue - Total Revenue: 20650230, Related or Exempt Function Revenue: , Unrelated Business Revenue: 20650230, Revenue Excluded from Tax Under Sections 512, 513, or 514: ; |
| Form 990, Part VIII, Line 11d Other Miscellaneous Revenue | Day Care - Total Revenue: 3173805, Related or Exempt Function Revenue: , Unrelated Business Revenue: 341707, Revenue Excluded from Tax Under Sections 512, 513, or 514: 2832098; All Other Revenue - Total Revenue: 10120951, Related or Exempt Function Revenue: , Unrelated Business Revenue: 2359890, Revenue Excluded from Tax Under Sections 512, 513, or 514: 7761061; |
| Form 990, Part X, Line 20 Tax-Exempt Bond Liabilities | IN ACCORDANCE WITH THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS, THE TAX-EXEMPT BOND VALUES WERE REPORTED ON THE BOOKS OF HACKENSACK MERIDIAN HEALTH, INC., THE PARENT ORGANIZATION OF THIS TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY NETWORK. AS SUCH, THE TAX-EXEMPT BONDS ARE REPORTED ON SCHEDULE K OF THE HACKENSACK MERIDIAN HEALTH, INC. FORM 990. |
| Form 990, Part XI, Line 9 Other changes in net assets or fund balances | Equity Transfer - -XXX-XX-XXXX; Other Changes in Pension Related Adjustments - 61477197; Reclass MedMedtrix FMV from Parent to Subs 990 - -61371551; NPSR Reclass from Parent to Subs - -51698665; Other Changes in Unrestricted Net Assets - -79010362; Other Changes in Temporarily Restricted Net Assets - XXX-XX-XXXX; Other Changes in Permanently Restricted Net Assets - 8053581; Net Assets Released From Restriction for Unrestricted Use (Foundation Release) - 35221119; Total - -XXX-XX-XXXX; |
| Form 990, Part XII, Line 2a Financial Statements | PRICEWATERHOUSE COOPERS, L.L.P. AUDITED THE CONSOLIDATED FINANCIAL STATEMENTS OF HACKENSACK MERIDIAN HEALTH, INC. FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023, INCLUDING THIS ORGANIZATION. PRICEWATERHOUSE COOPERS, L.L.P. ISSUED AN UNQUALIFIED OPINION WITH RESPECT TO THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS. THE HACKENSACK MERIDIAN HEALTH, INC. AUDIT AND COMPLIANCE COMMITTEE HAS ASSUMED RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF THE CONSOLIDATED FINANCIAL STATEMENTS, WHICH INCLUDES THE ORGANIZATIONS IN THIS CONSOLIDATED GROUP FORM 990, AND THE SELECTION OF AN INDEPENDENT AUDITOR. |
| Software ID: | 24020961 |
| Software Version: | 2024v5.1 |