Hackensack Meridian Health, Inc.

Notes to Consolidated Financial Statements December 31, 2023 and 2022 (in thousands) 8 HMHHC is the sole corporate member of HMH Casualty Company Ltd. [...] Notes to Consolidated Financial Statements December 31, 2023 and 2022 (in thousands) 9 company, Kingsland Street Urban Renewal, LLC, entered into a long-term lease for two buildings in the town of Nutley and the city of Clifton, New Jersey. [...] The investment in the Pascack Valley joint venture recorded on the consolidated balance sheets was $39,924 and $38,421 as of December 31, 2023 and 2022, respectively. [...] Notes to Consolidated Financial Statements December 31, 2023 and 2022 (in thousands) 10 voting rights in the joint venture entity. [...] Notes to Consolidated Financial Statements December 31, 2023 and 2022 (in thousands) 14 The following describes the hierarchy of inputs used to measure fair value and the primary valuation methodologies used by the Network for financial instruments measured at fair value on a recurring basis. The three levels of inputs are as follows: Level 1 Quoted prices in active markets for identica [...] Notes to Consolidated Financial Statements December 31, 2023 and 2022 (in thousands) 15 Futures – Valued on the basis of quoted market prices at year-end. [...] Notes to Consolidated Financial Statements December 31, 2023 and 2022 (in thousands) 18 services, the Network measures performance obligations from time of admission to the point when there are no further services required for the patient, which is generally the time of discharge. [...] The net amounts recorded, related to prior years and changes in estimates did not have a significant impact on the performance indicator for either of the years ended December 31, 2023 or 2022. [...] The Network is compliant with any required covenants related to outstanding debt as of December 31, 2023 and 2022. [...] The Network has recorded an estimated liability for claims incurred but not yet reported on the consolidated balance sheets as of December 31, 2023 and 2022 of $42,961 and $40,634, respectively.