Palisades Medical Center became a full member of the Hackensack University Health Network Wednesday when it signed a formal Letter Of Intent (LOI) at a signing ceremony.
Palisades Medical Center, a 202-bed facility in North Bergen, will remain an acute care hospital, known as HackensackUMC Palisades.
The two organizations have been working together since June 2012.
“We are thrilled to be taking this next step with our friends at Palisades Medical Center,” Robert C. Garrett, president and CEO of Hackensack University Health Network, said. “Our physicians and staff at HackensackUMC and Palisades Medical Center are the best in the state, committed to providing world-class quality care to our patients. This new venture will place our hospitals on the cutting-edge of medicine and health care delivery for our patients.”
Palisades is noted for its efforts in pediatric and neonatal areas, according to a release by Hackensack.
“For over a century, Palisades Medical Center has committed itself to providing exceptional care for our patients,” Bruce J. Markowitz, president and CEO of Palisades Medical Center, said in a release. “Joining HackensackUHN, the premier healthcare system in New Jersey, is just one more step toward strengthening that mission. This affiliation will give our patients access to world-class physicians and the best specialty care programs available.”
The LOI is expected to lead to a definitive agreement between the two organizations in the coming months. This joint partnership is expected to be finalized later this year after receiving approval from the New Jersey Department of Health and other authorities.
ALSO ON NJBIZ: