Statement Regarding Atlantic Health and Saint Peter’s Healthcare System Strategic Partnership

Atlantic Health PR contact: Luke Margolis | 973-829-4665 | Email

Saint Peter’s Healthcare System PR contact: Michelle Lazzarotti | 732-745-8600, ext. 8127 | Email

 

MORRISTOWN / NEW BRUNSWICK, NJ – October 6, 2025 – Atlantic Health and Saint Peter’s Healthcare System today announced that after lengthy discussion and careful analysis of the rapidly evolving health care landscape nationally and its impact on hospitals and health systems across the country, the two New Jersey based healthcare providers have mutually agreed not to pursue their planned member substitution transaction.

“While disappointing, unfortunately we have determined that this is the most appropriate path forward,” said Saad Ehtisham, President and CEO, Atlantic Health. “Despite this, our two organizations have enjoyed a shared history of collaboration on behalf of our patients that I hope will continue to guide our work in the future.”

“Although we have agreed to mutually terminate the pending transaction, we are disappointed by this result,” said Leslie D. Hirsch, President and CEO of Saint Peter’s Healthcare System. “Saint Peter’s has proudly fulfilled its Catholic mission for over 118 years in the communities it serves. Saint Peter’s takes great pride in the fact that it is well-positioned for continued success, as it now rethinks its future.”

While the decision ends this transaction, both systems remain committed to their respective missions and will continue to improve care for their communities through partnerships such as the Healthcare Transformation Consortium and potentially other efforts to ensure the residents of central New Jersey have access to the highest quality care.