Princeton Healthcare System

Princeton Healthcare System

Princeton Healthcare System was founded in 1919 and operated independently until the 2018 merger that placed it under the University of Pennsylvania Health System. The system maintains a foundation arm, Princeton Medical Center Foundation, that supports capital projects and the Art for Healing collection. Asset holdings include the Princeton Medical Center valued at $522 million, Princeton House Behavioral Health inpatient and outpatient sites, the Medical Arts Pavilion, and an Education Building. The system also maintains a $168.4 million position in its own Series 2016A municipal revenue bonds and a commitment to the Neuberger Berman Hedged Crypto fund. Geographic exposure remains concentrated in New Jersey with clinical partnerships extending to the Children's Hospital of Philadelphia. Employee count stands at 3,000. The organization belongs to the New Jersey Hospital Association and the Healthcare Financial Management Association. In March 2026 the Board of Trustees met in Plainsboro to address governance and financial oversight. Service providers include PricewaterhouseCoopers as auditor and SEI Private Trust Company as investment advisor. Governance flows through the parent University of Pennsylvania Health System, which sets overall capital allocation and oversight for the Princeton campus and its related operating entities.