RWJBarnabas Health and Rutgers University form partnership

Jul 27, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Finance, Working Capital

RWJBarnabas Health and Rutgers University are partnering to create New Jersey’s largest academic healthcare system. RWJBarnabas Health, New Jersey’s largest health system with 13 hospitals and annual revenue of $5.1 billion, signed a letter of intent Thursday with Rutgers and its health group—a faculty practice of about 1,000 Rutgers-employed physicians, dentists, psychologists, nurses, pharmacists and other healthcare professionals. The result will be a multispecialty group of more than 2,500 practitioners. The partnership will enhance healthcare delivery and accessibility, boost the recruitment of academic, research and clinical practitioners, and strengthen health science innovation and education, executives said. “In this business, scale means everything,” Rutgers University