Sponsored by VMG Health | info@vmghealth.com | 214.369.4888

Jersey City Medical Center Bids $104M for Christ Hospital

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 Holdco
NJ State Officials Won't Expedite Sale of Christ Hospital to Prime
Christ Hospital in New Jersey Lays Off 50

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars

>