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Jersey City Medical Center Bids $104M for Christ Hospital
January 27, 2012
Jersey City (N. J.) Medical Center has collaborated with Community Healthcare Associates in Bloomfield, N.J., to offer a $104 million bid on Christ Hospital, also in Jersey City, according to a Jersey Journal report.
Jersey City Medical's offer comes after Ontario, Calif.-based Prime Healthcare Services' placed a bid last summer. Prime's purchase, currently under regulatory review, would convert Christ into a for-profit entity — a controversial issue in the community.
Related Articles on Christ Hospital Sale:
Christ Hospital Rejects $91.6M Bid From NJ's Hudson Hospital HoldcoNJ State Officials Won't Expedite Sale of Christ Hospital to Prime
Christ Hospital in New Jersey Lays Off 50
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