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Hackensack Meridian Health company logo
Corporation
HEALTHCARE | Medical Facilities & Services / Hospitals
hackensackmeridianhealth.org

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Investments

7

Partners & Customers

10

About Hackensack Meridian Health

Hackensack Meridian Health's mission is to provide the full spectrum of life-enhancing care and services to create and sustain healthy, vibrant communities.

Hackensack Meridian Health Headquarter Location

343 Thornall Street

Edison, New Jersey, 08837,

United States

848-888-4400

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Latest Hackensack Meridian Health News

10:30 ET FluidForm announces investment from Hackensack Meridian Health

Jan 11, 2022

Biofabrication company to advance key tissue applications News provided by Share this article Share this article SUDBURY, Mass., Jan. 11, 2022 /PRNewswire/ -- FluidForm, a leader in the field of recreating human tissue to radically transform drug discovery, surgical repair, and replacement, today announced an investment from Hackensack Meridian Health and its Bear's Den innovation program. The investment will enable FluidForm to advance key applications in tissue for drug discovery and surgical repair, including collaboration on preclinical work in 2022. Hackensack Meridian Health’s Bear’s Den (PRNewsfoto/Hackensack Meridian Health) "This is an exciting concept, with lots of therapeutic potential," said Robert C. Garrett, FACHE, CEO of Hackensack Meridian Health. "These are the kinds of strategic investments that have the potential to help us transform health care for our communities and beyond.'' The investment comes amid rapid company growth. FluidForm has recently accomplished several key milestones, including: establishing a pilot biofabrication line outside of Boston, receiving grants from both NIH and NSF for foundational work on key programs, and collaborating with multiple top life science companies. Mike Graffeo, CEO and co-founder of FluidForm, said: "As we continue to advance our leading tissue applications, clinical input and partnership are a key element of our successful growth. We are excited to work with the truly outstanding group of clinical and research experts at Hackensack Meridian Health." The ability to recreate functional human tissue has the potential to transform human health. FluidForm's FRESH™ printing is a leading technology that has been proven to recreate biology, from structure to function. FluidForm seeks to deliver on the promise of tissue therapies, in order to radically transform human health and longevity. This investment in Fluid Form is Hackensack Meridian Health's sixth through the Bear's Den, the health network's successful innovation program, which seeks to drive medical science forward by supporting strategic candidates in biotech and pharma. Launched in 2017, Bear's Den features a panel of experts, including Hackensack Meridian Health CEO Garrett, leading physicians, key network executives, venture capitalists, patent attorneys, who gather regularly to vet proposals from entrepreneurs. The health network's novel incubator has vetted many products and strategies to streamline care delivery, reduce infections, lower hospital readmissions, and help patients partner in their care with physicians. "At Hackensack Meridian Health, we have identified regenerative medicine as a key focus area where we bring unique expertise and experience," said Dr. Ihor Sawczuck, chief research officer and president of Hackensack Meridian Health's Northern Region. "We are thrilled to invest in and collaborate with FluidForm across their portfolio of tissue applications in novel drug discovery and medical devices." ABOUT HACKENSACK MERIDIAN HEALTH Hackensack Meridian Health is a leading not-for-profit health care organization that is 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. Hackensack Meridian Health comprises 17 hospitals from Bergen to Ocean counties, which includes three academic medical centers – Hackensack University Medical Center in Hackensack, Jersey Shore University Medical Center in Neptune and JFK University Medical Center in Edison; one university teaching hospital – Ocean University Medical Center in Brick; two children's hospitals - Joseph M. Sanzari Children's Hospital in Hackensack, K. Hovnanian Children's Hospital in Neptune; eight community hospitals – Bayshore Medical Center in Holmdel, Old Bridge Medical Center in Old Bridge, Mountainside Medical Center in Montclair, Palisades Medical Center in North Bergen, Pascack Valley Medical Center in Westwood, Raritan Bay Medical Center in Perth Amboy, Riverview Medical Center in Red Bank, and Southern Ocean Medical Center in Manahawkin; a behavioral health hospital – Carrier Clinic in Belle Mead; and two rehabilitation hospitals - JFK Johnson Rehabilitation Institute in Edison and Johnson Rehabilitation Institute in Brick. Additionally, the network has more than 500 patient care locations throughout the state which include ambulatory care centers, surgery centers, home health services, long-term care and assisted living communities, ambulance services, lifesaving air medical transportation, fitness and wellness center, rehabilitation centers, urgent care centers and physician practice locations. Hackensack Meridian Health has more than 36,000 team members, and 7,000 physicians and is a distinguished leader in health care philanthropy, committed to the health and well-being of the communities it serves. The network's notable distinctions include having more top-ranked hospitals than anyone in New Jersey, as recognized by U.S. News & World Report, 2021-22. Hackensack University Medical Center is the only hospital in New Jersey with the #1 adult and children's hospital rankings. John Theurer Cancer Center at Hackensack University Medical Center is New Jersey's best cancer center, as recognized by U.S. News & World Report, 2021-22. This premier cancer center is also the largest and most comprehensive center dedicated to the diagnosis, treatment, management, research, screenings, and preventive care as well as survivorship of patients with all types of cancers. John Theurer Cancer Center is part of Georgetown Lombardi Comprehensive Cancer Center, an NCI-designated comprehensive cancer center. Additionally, the network partnered with Memorial Sloan Kettering Cancer Center to ensure that patients have access to the highest quality, most individualized cancer care when and where they need it. The Hackensack Meridian School of Medicine, the first private medical school in New Jersey in more than 50 years, welcomed its first class of students in 2018 to its campus in Nutley and Clifton. The Hackensack Meridian Center for Discovery and Innovation (CDI), housed in a fully renovated state-of-the-art facility, seeks to translate current innovations in science to improve clinical outcomes for patients with cancer, infectious diseases and other life-threatening and disabling conditions. Hackensack Meridian Health is a member of AllSpire Health Partners, an interstate consortium of leading health systems, to focus on the sharing of best practices in clinical care and achieving efficiencies. To learn more, visit www.hackensackmeridianhealth.org . About FluidForm FluidForm is the world leader in functional human tissue for research, repair, and replacement. Our patented FRESH 3D printing technology is the most advanced biofabrication platform in the world, as published in Science. The company's robust pipeline includes development and preclinical programs addressing significant unmet need in human health. These programs include bioprosthetic implantable medical devices, and a new generation of structurally and compositionally complex tissue models to test drug efficacy and cardiotoxicity, with an ultimate focus on tissue and organ replacement. FluidForm is in the Boston area. To learn more about FluidForm, visit www.fluidform3D.com or email [email protected] . Follow on: SOURCE Hackensack Meridian Health

Hackensack Meridian Health Investments

7 Investments

Hackensack Meridian Health has made 7 investments. Their latest investment was in FluidForm as part of their Corporate Minority on January 1, 2022.

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Hackensack Meridian Health Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

1/11/2022

Corporate Minority

FluidForm

Yes

1

5/19/2020

Unattributed

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10

12/4/2019

Corporate Minority

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10

5/29/2019

Series A - II

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$99M

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10

6/14/2018

Corporate Minority

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$99M

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10

Date

1/11/2022

5/19/2020

12/4/2019

5/29/2019

6/14/2018

Round

Corporate Minority

Unattributed

Corporate Minority

Series A - II

Corporate Minority

Company

FluidForm

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Amount

$99M

$99M

New?

Yes

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Co-Investors

Sources

1

10

10

10

10

Hackensack Meridian Health Acquisitions

5 Acquisitions

Hackensack Meridian Health acquired 5 companies. Their latest acquisition was Englewood Hospital and Medical Center on October 15, 2019.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

10/15/2019

$99M

Merger

2

1/3/2019

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$99M

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10

11/10/2016

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$99M

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10

5/12/2015

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$99M

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10

5/12/2015

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$99M

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10

Date

10/15/2019

1/3/2019

11/10/2016

5/12/2015

5/12/2015

Investment Stage

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

Note

Merger

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Sources

2

10

10

10

10

Hackensack Meridian Health Partners & Customers

10 Partners and customers

Hackensack Meridian Health has 10 strategic partners and customers. Hackensack Meridian Health recently partnered with Google Cloud Platform on October 10, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

10/20/2021

Partner

Google Cloud Platform

United States

09:00 ET Hackensack Meridian Health and Google Expand Relationship to Improve Patient Care

EDISON , N.J. and SUNNYVALE , Calif. , Oct. 20 , 2021 / PRNewswire / -- Hackensack Meridian Health and Google Cloud today announced the two organizations are expanding their relationship to improve patient care .

4

10/4/2021

Partner

Horizon Blue Cross Blue Shield of New Jersey

United States

Hackensack Meridian Health and Horizon Blue Cross Blue Shield of New Jersey Extend Agreement through 2024 - Network News, Press Releases - Hackensack Meridian Health

Hackensack Meridian Health , New Jersey 's largest and most comprehensive health network , continues to extend its partnership with Horizon Blue Cross Blue Shield of New Jersey , through 2024 .

1

9/20/2021

Client

Cigna

United States

Hackensack Meridian Health and Cigna Renew Commercial Agreement - Network News, Press Releases - Hackensack Meridian Health

This new agreement between Cigna and Hackensack Meridian Health extends their relationship through April 2023 .

1

8/12/2021

Partner

NowPow

United States

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10

12/22/2020

Vendor

Quest Diagnostics

United States

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10

Date

10/20/2021

10/4/2021

9/20/2021

8/12/2021

12/22/2020

Type

Partner

Partner

Client

Partner

Vendor

Business Partner

Google Cloud Platform

Horizon Blue Cross Blue Shield of New Jersey

Cigna

NowPow

Quest Diagnostics

Country

United States

United States

United States

United States

United States

News Snippet

09:00 ET Hackensack Meridian Health and Google Expand Relationship to Improve Patient Care

EDISON , N.J. and SUNNYVALE , Calif. , Oct. 20 , 2021 / PRNewswire / -- Hackensack Meridian Health and Google Cloud today announced the two organizations are expanding their relationship to improve patient care .

Hackensack Meridian Health and Horizon Blue Cross Blue Shield of New Jersey Extend Agreement through 2024 - Network News, Press Releases - Hackensack Meridian Health

Hackensack Meridian Health , New Jersey 's largest and most comprehensive health network , continues to extend its partnership with Horizon Blue Cross Blue Shield of New Jersey , through 2024 .

Hackensack Meridian Health and Cigna Renew Commercial Agreement - Network News, Press Releases - Hackensack Meridian Health

This new agreement between Cigna and Hackensack Meridian Health extends their relationship through April 2023 .

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Sources

4

1

1

10

10

Hackensack Meridian Health Team

26 Team Members

Hackensack Meridian Health has 26 team members, including current Chief Executive Officer, Robert C Garrett.

Name

Work History

Title

Status

Robert C Garrett

Chief Executive Officer

Current

Robert Glenning

Kaleida Health

President, Chief Financial Officer

Current

Joseph Lemaire

President

Current

Kenneth Sable MD MBA FACEP

President

Current

Joseph Stampe

President

Current

Name

Robert C Garrett

Robert Glenning

Joseph Lemaire

Kenneth Sable MD MBA FACEP

Joseph Stampe

Work History

Kaleida Health

Title

Chief Executive Officer

President, Chief Financial Officer

President

President

President

Status

Current

Current

Current

Current

Current

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