The news comes as the aging hospital, the principal teaching hospital of Rutgers New Jersey Medical School, requires a $1.8 billion overhaul even if administrators don’t know where the necessary funds are coming from.
“Now, how do we pay for it?” President and CEO Ed Jimenez told nj.com in February after revelations of plans for such an overhaul, including $20 million in annual repairs.
“We can’t put bandaids on this structure anymore,” Debbie White, RN, president of Health Professionals and Allied Employees, has said. “We can’t fix the entire building. We need a new building. We need a new campus. We need updated equipment. We need updated technology. We need a modern campus.”
University Hospital had $271.6 million long-term debt as of March 31.
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