The Portuguese international initially struggled as he adapted to the English game and Liverpool’s style of play, but following the departure of Hodgson - and the arrival of Kenny Dalglish - his form improved and has since scored five goals during the Scot's tenure.
The absence of Liverpool captain Steven Gerrard through injury has highlighted Meireles' importance to the team, and Dalglish admits he is delighted with the midfielder's contribution.
"Raul has always had the ability he has shown recently," Dalglish told the club's official website.
"Maybe he's settled down a little bit and is more comfortable and confident because he is playing well but there's been nothing drastic [tactically] for any of the players really.
"It is fantastic to see Raul doing so well. He has always been a talented footballer, he's always had what we are seeing now but it's been trying to get it out and it is coming out now and he's scoring goals."