5 New Jersey hospitals facing greatest charity care funding cuts under proposed budget

Jersey City (N.J.) Medical Center and East Orange (N.J) General Hospital will see the largest reductions in charity care funding under New Jersey’s proposed 2018 budget, according to a NJ Biz report.

Advertisement

Republican Gov. Chris Christie’s proposed budget calls for a $50 million cut to the state’s charity care fund. If approved, the state’s charity care fund would be $250 million, a decrease of roughly $400 million since 2013.

Here are the five hospitals that would see the greatest reduction in charity care assistance, compared to 2017.

1. Jersey City Medical Center, part of West Orange-based RWJBarnabas Health (-$13.8 million)
2. East Orange General Hospital, part of Los Angeles-based Prospect Medical Holdings (- $6 million)
3. Trenton-based Capital Health Regional Medical Center (-$5.2 million)
4. Elizabeth-based Trinitas Regional Medical Center (-$3.2 million)
5. Paterson-based St. Joseph’s Healthcare System (-$2.9 million)

For a full list of funding changes for New Jersey hospitals under the proposed 2018 budget, click here.  

More articles on healthcare finance:
Rite Aid shares continue to slide after releasing merger proxy statements with Walgreens Boots Alliance
Revenue Cycle to merge with Coding Strategies
11 recent hospital outlook and credit rating actions

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.