201-bed New Jersey hospital to get new ownership

East Orange (N.J.) General Hospital will be acquired by its new for-profit operating company, EOH Acquisition Group, led by hospital CEO Paige Dworak, New Jersey Business Magazine reported Oct. 15.

Advertisement

Ms. Dworak will be the first female owner-CEO of a hospital in New Jersey, according to the article.

By acquiring the 201-bed hospital, EOH Acquisition Group will lead several programs to improve the facility, with a focus on behavioral health. This includes:

  • Opening the county’s first inpatient substance use disorder unit
  • Creating a new residential substance use disorder treatment center with more than 100 beds
  • Creating the hospital’s first medical group focused on primary care, family medicine and multispecialty services
  • Adding transcranial magnetic stimulation for depression and anxiety

The deal is still pending approval from the commissioner of the New Jersey Department of Health.

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.

Register to Attend Webinar

Reconsider What’s Possible: Enterprise RCM and the Pro-Fee Practice

Tuesday, July 28
11:00 AM - 12:00 PM CDT

Presenters: Garett Kreitz, Med-MetrixJohn Stefanowicz, Med-Metrix

Advertisement

Next Up in Transactions & Valuation Issues

Advertisement

Comments are closed.