JCMC, a 316-bed safety-net hospital and part of Jersey City-based LibertyHealth, has had working relationships with Barnabas for the past several years.
Financial details of the acquisition were not disclosed. The deal, expected to close this fall, still requires approval from state and federal authorities. Currently, Barnabas has six general acute-care hospitals and two children’s hospitals.
More Articles on Hospital Transactions:
OhioHealth to Take Reins of MedCentral Health System
Alameda Health System to Take Over San Leandro Hospital From Sutter Health
Private Equity Deals in Healthcare Have More Than Doubled Since 2009, Report Says
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.
